Miguel Reis Venâncio

Nowo is the second-largest cable operator in Portugal, with more than 900,000 homes passed and 180,000 subscribers. It offers pay TV, internet access, fixed telephony services to consumers and now mobile services.

ONI is one of the leading telecoms operators in Portugal offering services dedicated to corporate customers.


Sector: TMT Investment date: 2016 Apax position: Majority Activity: MidMarket
Why did we invest?

Nowo is the second largest cable-operator in Portugal. ONI is the fourth largest BtoB network operator in Portugal.

How do we intend to create value?

The aim is to create an efficient B2B/B2C telecom operator in Portugal through the launch of a mobile offer as well as management and organisational improvements.