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Strategic Profile

Consolidate leadership in the Portuguese market, while developing an international growth agenda.
PT remains committed to a cost, operational, financial and strategic discipline, aiming at focusing on the development of its resources in its core businesses and in its core regions, Portugal, Brazil and sub-Saharan Africa. PT continues to pursue the five key ambitious objectives defined for the medium-term:
(1) grow the customer base to 100 million customers;
(2) increase its exposure to international operations up to two thirds of revenues;
(3) reinforce leadership in all market segments;
(4) achieve a top-quartile performance in shareholder return and results, and
(5) be a reference in terms of sustainability.

Portuguese operations

profileReinforce leadership in all market segments where PT operates.
With the entrance in the pay-TV business, PT is turning around its residential business, starting from an attacker position and, simultaneously, leveraging its position as a major integrated operator, aiming at offering broad and convergent products and services. In a converging world where individuals increasingly need to contact, communicate and consume seamless data services through all types of devices everywhere – at their workplace, at home or on the move –, PT’s unique skills and ability to offer integrated services are proving to be a true competitive advantage in Portugal.

“To make the difference” in customer service.
In a context of major market transformation and economic uncertainty, understanding customer needs throughout their life cycle and addressing these needs by ensuring world-class execution is a distinctive factor. This trust-based relationship makes it possible to successfully encourage customers to adhere to increasingly complete products and service packages for longer periods, allowing PT to increase its share-of-wallet.

International operations

profileMaximise the strategic value of PT’s international assets, reinforcing the focus on Brazil and sub-Saharian Africa.
Given PT’s scale, growth prospects and starting position, the Brazilian market remains a priority. Africa will continue to be an important source of growth as well, where PT will reinforce partnerships and explore value-creating investment opportunities.

Focus on operational and commercial excellence of all assets, ensuring the sharing of best-practices.
By reinforcing operational and commercial excellence in all operations and promoting the sharing of best-practices amongst all businesses, PT will be able to fully tap the potential of each operation, taking into account the market development status in all segments as well as its competitive positioning.

 

Focus on innovation and execution

profileInnovation: structured approach and partnerships.
PT has a structured approach to innovation aimed at establishing a balanced portfolio of projects focused on two key variables: risk level and maturity. Three main categories are defined under this structured approach: incremental innovation (business as usual, low-risk and short-term optimisations); planned innovation (business development, medium-term and medium-risk developments), and exploratory innovation (structural projects, which are long-term and high-risk by nature).
Additionally, PT’s innovation approach leverages on a network of partnerships with key institutions that are worldwide leaders and a reference in their respective fields. These partnerships are categorised as follows:

  1. technological partnerships for the development of new solutions and services (e.g., agreements with Cisco, Corning, Samsung, LG, Huawei and ZTE);
  2. partnerships, aimed at sharing best practices and establishing joint collaboration in innovation and R&D (e.g. protocol signed with Singtel);
  3. protocols with universities, in order to foster joint R&D and knowledge-building efforts (e.g. partnership with CMU and several Portuguese universities), and
  4. R&D partnerships, aimed at developing new technological solutions (e.g. agreements with INESC Inovação and Instituto de Telecomunicações).
Last Update: 16 Apr 2012
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