Correction of Release Issued Dec. 16; TMN Cuts Mobile/Fixed & Fixed/Mobile Call Prices Up to 20%.LISBON Lisbon (lĭz`bən), Port. Lisboa, ancient Olisipo, city (1991 pop. 677,790), W Portugal, capital of Portugal and of Lisboa dist., on the Tagus River where it broadens to enter the Atlantic Ocean. , Portugal--(BUSINESS WIRE)--Dec. 18, 1998--Portugal Telecom's (NYSE NYSE See: New York Stock Exchange : PT; BVL BVL bovine viral leukosis. : PTCO.IN) mobile subsidiary, TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. , today announced a price reduction of up to 20% for calls from Portugal Portugal (pôr`chəgəl), officially Portuguese Republic, republic (2005 est. pop. 10,566,000), 35,553 sq mi (92,082 sq km), SW Europe, on the western side of the Iberian Peninsula and including the Madeira Islands and the Azores in the Telecom's fixed network to TMN's digital network (dialing code 0936). The new prices, in place starting January January: see month. 1, 1999, are 20% lower than those offered by TMN's competitors. A price reduction on calls made from TMN to PT's fixed network will be introduced at the same time. As of January 1, 1999, prices for such calls will be reduced up to 20% during daytime Daytime may refer to:
, which represents the biggest traffic volume period, especially for business clients. For example, a one minute conversation between a TMN mobile phone and any PT fixed network number (in Portugal mainland, Azores Azores (əzôrz`, ā`zôrz), Port. Açores [Port.,=hawks], islands (1991 pop. 241,592), 905 sq mi (2,344 sq km), in the Atlantic Ocean, c.900 mi (1,448 km) W of mainland Portugal. and Madeira Madeira, river, Bolivia and Brazil Madeira (mədā`rə), river, c.2,100 mi (3,380 km) long, formed by the junction of the Beni and Mamoré rivers on the Bolivia-Brazil border. It flows north along the border for c. ) will cost a TMN Normal Plan subscriber PTE PTE The ISO 4217 currency code for the Portugese Escudo. 48 (plus VAT VAT See: Value-added tax VAT See value-added tax (VAT). ), instead of PTE 60, the current price. A pre-paid MIMO (Multiple Input/Multiple Output) Pronounced "my-mo," it is the use of multiple transmitters and receivers (multiple antennas) on wireless devices for improved performance. subscriber will pay PTE 96 (VAT included) instead of PTE 120. With this innovative initiative, which will benefit more than 1.3 million subscribers on TMN's digital network and many of the more than 4 million Portugal Telecom Portugal Telecom (Euronext: PTC, NYSE: PT) is the biggest telecommunications operator in Portugal. It operates mainly in Portugal and Brazil. It also has a significant presence in Morocco, Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic fixed line subscribers, TMN continues to offer the most competitive solutions in the mobile Portuguese market. Along with this special tariff tariff, tax on imported and, more rarely, exported goods. It is also called a customs duty. Tariffs may be distinguished from other taxes in that their predominant purpose is not financial but economic—not to increase a nation's revenue but to protect domestic covering all its digital network customers, TMN has launched a new option on its Personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. Price Plan, the so-called so-called adj. 1. Commonly called: "new buildings ... in so-called modern style" Graham Greene. 2. "Plano Base", and moreover has reduced the Normal Plan monthly charge by 7.3%, and TMN15, TMN60 and TMN120 and Extra minute package prices by between 5 and 11%. This information is also available on TMN's website at www.tmn.pt Portugal Telecom, privatized in 1995, is the principal telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. provider offering local, domestic long distance and international telephone service throughout Portugal. Additionally, PT and its subsidiaries, the Group, offer domestic mobile services, leased lines A private communications channel leased from a common carrier. Most digital lines require four wires (two pairs) for full-duplex transmission. (communications, networking) leased line , data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , Internet access See how to access the Internet. and related services, cable television, transmission of broadcasting signals, telex telex: see telegraph. telex International telegraphic message-transfer service consisting of a network of teleprinters. Subscribers to a telex service can exchange textual communications and data directly with one another. and a variety of other telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. services. A secondary offering occurred in June 1996, and a third offering took place in October 1997. Portugal Telecom is listed on the Lisbon and New York Stock Exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and traded on London SEAQ SEAQ See: Stock Exchange Automated Quotation System International. Information may be accessed on Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. under the symbol PT, on the Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. 2000 Service under the symbol PT.N and on Quotron under the symbol PT. -0-
Personalized Price Plans
(Prices as from January 1, 1999)
PTE
"Base" Normal Executive PTE
==========================================================
1998 1 Jan. % 1998 1 Jan. %
99 99
======================================================================
Monthly Rental 2000 5500 5100 -7.27% 7700 7700
TMN-TMN
Day 24 24 24 -- 24 24
Night 24 24 24 -- 24 24
WE 24 24 24 -- 24 24
TMN-PT Fixed
Network
Day 66 60 48 -20.00% 36 30 -16.67%
Night 66 30 30 -- 30 30
WE 66 24 24 -- 24 24
TMN-Other
Networks
Day 74 60 60 -- 36 36
Night 74 30 30 -- 30 30
WE 74 24 24 -- 24 24
Prices per Minute.
VAT not included.
Day: 9:00 am - 9:00 pm
Night: 9:00 pm - 9:00 am
WE: Saturdays, Sundays and Bank Holidays from 0:00h to 24:00h.
It should be considered the Portugal mainland time.
Prices refer to pulses. The first pulse is equal to 30 seconds
during Daytime period on Mobile-PT Fixed Network and Mobile-Other
Networks calls and is equal to 60 seconds for the remaining periods.
The billing is per seconds after the first pulse.
TMN "Packages"
(Prices as from January 1, 1999)
TMN 15, TMN 15x4 TMN 30, TMN 30x4
======================================================================
1998 1 Jan. 99 % 1998 1 Jan. 99 %
======================================================================
Package Price 2500 2400 -4.00% 2750 2750
======================================================================
National Call exceeding the minutes bonus
(Prices as from January 1, 1999)
======================================================================
TMN-TMN
Day 30 30 30 30
Night 24 24 24 24
WE 24 24 24 24
TMN-PT Fixed
Network
Day 96 78 -18.75% 96 78 -18.75%
Night 30 30 30 30
WE 24 24 24 24
TMN-Other
Networks
Day 96 96 96 96
Night 30 30 30 30
WE 24 24 24 24
======================================================================
PTE
TMN 60, TMN 60x4 TMN 120, TMN 120x4, COUPLE
======================================================================
1998 1 Jan. 99 % 1998 1 Jan. 99 %
======================================================================
Package Price 4300 4100 -4.65% 7650 6850 -10.46%
======================================================================
National Call exceeding the minutes bonus
(Prices as from January 1, 1999)
PTE
PTE
===========
=====================================================================
TMN-TMN
Day 30 30 30 30
Night 24 24 24 24
WE 24 24 24 24
TMN-PT Fixed
Network
Day 96 78 -18.75% 96 78 -18.75%
Night 30 30 30 30
WE 24 24 24 24
TMN-Other
Networks
Day 96 96 96 96
Night 30 30 30 30
WE 24 24 24 24
======================================================================
Prices per Minute.
VAT not included.
Day: 9:00 am - 9:00 pm
Night: 9:00 pm - 9:00 am
WE: Saturdays, Sundays and Bank Holidays from 0:00h to 24:00h.
It should be considered the Portugal mainland time.
The minutes bonus included on TMN Extra Packages (TMN*4) apply to
national calls made during Night and WE.
The minutes included in the Packages are charged by pulses and not by
the actual call duration.
The national calls exceeding the minutes bonus are charged in 30
seconds pulses, except in TMN network and during Night and WE in which
the pulses last 60 seconds.
Conditions apply to TMN's digital network.
Pre-paids
(Prices as from January 1, 1999)
======================================================================
MIMO SPOT
======================================================================
1998 1 Jan. 99 % 1998 1 Jan. 99 %
======================================================================
TMN-TMN
Day 25 25 25 25
Night 20 20 20 18 -10.00%
WE 20 20 20 18 -10.00%
TMN-PT Fixed
Network
Day 60 48 -20.00% 65 50 -23.08%
Night 40 40 20 20
WE 20 20 20 20
TMN-Other
Networks
Day 60 60 65 65
Night 40 40 20 20
WE 20 20 20 20
=======================================================================
PTE
=======================================================================
TACO TACO 1000
======================================================================
1998 1 Jan. 99 % 1998 1 Jan. 99 %
=======================================================================
TMN-TMN
Day 25 25 25 25
Night 25 25 25 25
WE 25 25 25 25
TMN-PT Fixed
Network
Day 65 55 -15.38% 65 55 -15.38%
Night 40 40 40 40
WE 30 30 40 30 -25.00%
TMN-Other
Networks
Day 65 65 65 65
Night 40 40 40 40
WE 30 30 40 30 -25.00%
======================================================================
Prices per Pulse. Calls are charged on 30 seconds pulses. VAT included.
Day: 9:00 am - 9:00 pm
Night: 9:00 pm - 9:00 am
WE: Saturdays, Sundays and Bank Holidays from 0:00h to 24:00h.
It should be considered the Portugal mainland time.
PTE
=========================================================
SMILE
---------------------------------------------------------
1998 1 Jan. 99 %
=========================================================
TMN-TMN
Day 33 33
Night 33 33
WE 33 33
TMN-PT Fixed Network
Day 93 84 -9.68%
Night 93 84 -9.68%
WE 93 84 -9.68%
TMN-Other Networks
Day 93 93
Night 93 93
WE 93 93
=========================================================
Prices per Minute. VAT included.
National calls are charged per pulses, with a 60 seconds
durantion for the the first pulse. The billing is per seconds after
the first pulse.
Prices PT Fixed Network-Mobile
(Prices as from January 1, 1999)
======================================================================
1998 1 Jan. 99 Price Change
======================================================================
Day 7 sec. 9 sec. -19.90%
Night 8 sec. 10 sec. -17.65%
WE 9 sec. 11 sec. -15.81%
======================================================================
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