October 23, 2017 3:02 PM ET

Diversified Telecommunication Services

Company Overview of Nowo Communications, S.A.

Company Overview

Nowo Communications, S.A., a telecommunication operator, provides Internet, mobile, phone, and television services in Portugal. It serves customers through stores. Nowo Communications, S.A. was formerly known as Cabovisão - Televisão por Cabo S.A. and changed its name to Nowo Communications, S.A. in October 2016. The company was founded in 1993 and is based in Palmela, Portugal with stores in Portugal. Nowo Communications, S.A. is a former subsidiary of Altice Portugal S.A.

Lugar de Poços

Palmela,  2950-425

Portugal

Founded in 1993

Phone:

351 21 800 211

Fax:

351 21 233 3020

Key Executives for Nowo Communications, S.A.

Chief Executive Officer
Age: 50
Group Director of the Central and Southern Regions of Portugal
Group Director of Sales Marketing and Customer Relations
Group Director of Engineering and Network Operations
Compensation as of Fiscal Year 2017.

Nowo Communications, S.A. Key Developments

QYOU Media Announces New Agreement with NOWO

QYOU Media has announced a new agreement with NOWO. The partnership will see QYOU's linear channel of curated online video content available to NOWO's customers through its TV service in Portugal, bringing QYOU's content to an additional 900,000 homes in the country. NOWO has chosen to distribute QYOU's ad-free channel to appeal to the tastes of younger viewers, who have a growing appetite for digital-first video content. Selected by QYOU's content curation experts, the programming features the best of online video across a range of genres including music and comedy, which is particularly popular with consumers in Portugal. With its second agreement in Portugal, QYOU is gaining momentum in the region by meeting the growing consumer demand for online video content. With IPTV services driving the Portuguese Pay-TV market, operators are recognizing that they need to explore new ways to increase the attractiveness of their services.

Nowo/ONI Announces Earnings Results for the First Half of 2017

Nowo/ONI announced earnings results for the first half of 2017. In first half of 2017, the company reported revenue of EUR 59 million and EBITDA were still behind plan, due to fierce competition from Vodaphone and Meo and a lower-than-anticipated ARPU (Average Revenue Per User).

Cabovisao to Launch New Mobile Offer Called Nowo

Cabovisao announced that it will launch in the coming weeks a new mobile telephony brand called Nowo, after receiving a licence from regulator Anacom in 2015. Although the operator has not revealed any details, the daily reports that the new mobile brand, aimed at residential customers, could be launched in August. A separate mobile offer for business customers will be available via Oni, which is part of the same group (Apax).

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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