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Portugal Telecom focuses on investing in technology and innovation

Published on July 16, 2012

Portugal Telecom focuses on investing in technology and innovation

Portugal Telecom will hold the Technology and Innovation Conference in Lisbon on October 29 and 30, the telecommunications company announced recently.

The organizers will be Zeinal Bava, PT CEO, and Luis Pacheco de Melo, PT CFO. It will be addressed to investors, analysts and capital market brokers, and its main objective is to share with them PT’s position to take advantage of the synergy growth in the digital area.

The conference will deal with topics such as network and technology strategy, innovation projects and services to develop proposed by PT for their customers in Portugal as well as in the international markets where we have businesses.

PT has several strategic alliances with international companies and institutions, including the American Corning and Cisco, the Asian Huawei, Samsung, LG and ZTE, and Nokia Siemens Networks in Europe.

In 2011 PT invested more than 200 million Euros in research, development and innovation in Portugal. Regarding PT’s income, this Portuguese company is now in first place within the European telecommunication companies that focus on this type of investment, according to the European Commission.

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