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NOWO (pronounced "novo", meaning 'new') is a Portuguese telecommunications company. It is one of the four
triple play In baseball or softball, a triple play (denoted as TP in baseball statistics) is the act of making three out (baseball), outs during the same play. There have only been 739 triple plays in Major League Baseball (MLB) since 1876, an average of ju ...
operators in Portugal along with MEO, NOS and
Vodafone Vodafone Group Public Limited Company () is a British Multinational company, multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economic ...
. NOWO belongs to the Romanian company Digi Communications. NOWO has mobile, 4G and wired telecommunication. It has a
fiber optic An optical fiber, or optical fibre, is a flexible glass or plastic fiber that can transmit light from one end to the other. Such fibers find wide usage in fiber-optic communications, where they permit transmission over longer distances and at ...
network of around 14,000 km (~8,700 mi), covering more than 70 municipalities and 200 parishes in Portugal.


History

Cabovisão was formed on September 27, 1993, having started operating in 2023. In 2006, Cabovisão was fully controlled by the Dutch company Telemax BV, a division of the Canadian operator Cable Satisfaction International and which in turn was controlled by the firm Catalyst Capital. In that year it was already considered the second largest cable network operator in the country, having reached a turnover of around 129 million Euros in 2005. despite not yet fully covering the national territory, being limited mainly to the regions of Alentejo, Beiras and the corridor between
Lisbon Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainlan ...
and
Palmela Palmela () is a town and municipality in Portugal. As of 2011, the population was 62,831, covering an area of 465.12 km². The municipality is located in the Lisboa Region and Setúbal District, about south of Lisbon. The municipal holiday ...
. Despite this, it was considered that the company had great economic potential, due to the strong growth of the market for triple telephone, internet and television services, which is why large national organizations, such as
Sonae Sonae is a multinational business group headquartered in Maia, Portugal. It operates in 90 countries, working in various sectors, among which retail (food, electronics, and fashion), real estate, media and telecommunications, technology investme ...
, were interested in acquiring the company. However, in 2006 it ended up being purchased by a Canadian company,
Cogeco Cogeco Inc. is a Canadian telecommunications and media company. Its corporate offices are located at 1 Place Ville-Marie in Montreal, Quebec. The company is structured into three strategic business units (SBU); Cogeco Connexion, Breezeline (p ...
, for 465 million euros. In 2010, the Cabovisão network reached around nine hundred thousand homes, providing more than eight hundred thousand television, telephone and internet services. It was also the first operator to launch important international channels in Portugal, such as MGM,
AXN AXN is a pay television channel brand by Sony Pictures Television, which was first launched in September 1997 in Asia. Local versions have since been launched in several parts of the world, including Europe, Asia, and Latin America, with some ne ...
, Record and
FOX Foxes are small-to-medium-sized omnivorous mammals belonging to several genera of the family Canidae. They have a flattened skull; upright, triangular ears; a pointed, slightly upturned snout; and a long, bushy tail ("brush"). Twelve species ...
. In November 2011, Público newspaper reported that since the middle of that year, messages began to be sent to various entities that might be interested in acquiring Cabovisão, something that was denied by both the operator itself and Cogeco. According to the newspaper, the financial situation of the Portuguese operator was weakened by the introduction of a new competitor,
ZON Zon may refer to: *Zon (name) * Zon (band), Canadian progressive rock band * Zon Guitars, American manufacturer of bass guitars * NOS (Portuguese media company), former names ZON Multimédia and ZON Optimus * Zon, Burkina Faso, town in northern Burk ...
, formed in 2007 from a division of
Portugal Telecom Altice Portugal S.A. (formerly known as PT Portugal) is the largest telecommunications service provider in Portugal. Since 2 June 2015 the company has been a wholly owned subsidiary of Altice, a multinational cable and telecommunications company ...
. A considerable part of Cabovisão's customers migrated to
ZON Zon may refer to: *Zon (name) * Zon (band), Canadian progressive rock band * Zon Guitars, American manufacturer of bass guitars * NOS (Portuguese media company), former names ZON Multimédia and ZON Optimus * Zon, Burkina Faso, town in northern Burk ...
, leading to fears that the operator would become a victim of strong competition in the national telecommunications market, as had recently happened with AR Telecom. In February 2012, it was acquired by the Altice group, for a value of 45 million Euros. However, in September 2015, Altice sold Cabovisão and ONI to Apax França, a high-risk fund manager, measure that it was forced to take by the European Union, since that company had also acquired the PT group, which owned the operator MEO. On September 13, 2016, the company's new identity and strategy was presented, which from that date was renamed NOWO. The company NOWO is the result of the rebranding of Cabovisão in September 2016. Apax France and Fortino Capital have been shareholders of NOWO since 2015, which also own in Portugal the telecommunications company ONI, that addresses the business market. In August 2019, the Spanish company MásMovil purchased Cabonitel, which owns NOWO and Oni. In October of that year, the Competition Authority authorized the Spaniards from MásMovil and the GAEA Inversión fund to proceed with the purchase of Cabonitel, which owns the company NOWO and Oni. In September 2022,
Vodafone Portugal Vodafone Portugal – Comunicações Pessoais, S.A., a full subsidiary of Vodafone Group Plc, is the second mobile operator in Portugal, both chronologically and in market share (34% in 2006). Its competitors are NOS and MEO. History As T ...
announced the acquisition of the NOWO, through an agreement with Lorca JVCO Limited. The ANACOM's did not approve the purchase of NOWO by
Vodafone Portugal Vodafone Portugal – Comunicações Pessoais, S.A., a full subsidiary of Vodafone Group Plc, is the second mobile operator in Portugal, both chronologically and in market share (34% in 2006). Its competitors are NOS and MEO. History As T ...
, which has to present new remedies or give up the operation. In August 2024,
Digi Communications Digi Communications N.V., also known as DIGI Group, is a Romanian telecommunications holding company, which also has businesses in Italy, Spain, Portugal and Belgium. The firm has current statutory seat in the Netherlands and headquarters of eff ...
entered into a share purchase agreement with LORCA JVCO Limited for the acquisition of 100% of the shares issued by Cabonitel, S.A. at a valuation of EUR 150 million, subject to customary adjustments and certain contingent events".


References


External links


NOWO official website (Portuguese)
{{Portuguese television stations Telecommunications companies of Portugal Internet service providers of Portugal Telecommunications companies established in 1993 Cable television companies 1993 establishments in Portugal Portuguese subsidiaries of foreign companies