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CTT – Correios de Portugal, S.A. (lit. 'CTT – Post of Portugal') is a Portuguese company that operates as both the national postal service of Portugal and a commercial group with subsidiaries operating in banking, e-commerce, and other postal services. It was founded in 1520 by King Manuel I of Portugal, during the Portuguese Renaissance, and CTT is the oldest company still in operation in Portugal to this day.[1]
![]() CTT's current logo since 4 October 2004. This logo had received subsequent redesigns in July 2015 and March 2020 | |
Company type | Sociedade Anónima |
---|---|
Euronext Lisbon: CTT
PSI-20 component | |
ISIN | PTCTT0AM0001 |
Industry | |
Founded | 6 November 1520 as Correio Público |
Headquarters | Lisbon, Portugal |
Key people | João Bento, CEO (Since 2019) |
Website | ctt.pt |
The acronym CTT comes from the company's former name (Portuguese: Correios, Telégrafos e Telefones, which means "Post, Telegraph and Telephone"), which was also the designation of postal services for the former Portuguese Colonies and is still used for CTT – Post of Macau today.
In 1991, CTT became a public limited company, and in December 2013 its shares were listed on Euronext Lisbon.[2]
In 2007, CTT began to offer a mobile phone service in Portugal, under the brand name Phone-ix. Phone-ix was closed down on 1 January 2019.[3]
In 2014, CTT was privatized by the Portuguese government to raise money and comply with European Union requirements for its bailout. In the previous year, 70% of the CTT shares had already been tendered.[4]
Its current and longest-running visual identity (that were introduced on 4 October 2004) were receiving subsequent redesigns in July 2015 and March 2020, but its logo (the current one that were introduced on 4 October 2004) remains virtually unchanged.
History
edit- 1520: King Manuel I creates the public mail service of Portugal, the Correio Público—Public Post Office.
- 1533: The first postal service regulations in Portugal.
- 1753: The first financial mail regulations in Portugal.
- 1821: The beginning of house-to-house mail delivery in Portugal.
- 1880: The fusion of the Post Office and the Telegraphs Department into a single service, the Department of Posts, Telegraphs and Lighthouses—Direcção-Geral de Correios, Telégraphos e Faróis.
- 1911: the department received administrative and financial autonomy from the Portuguese State and became the General Administration of Posts, Telegraphs and Telephones—Administração-Geral dos Correios, Telégrafos e Telefones—adopting the CTT acronym which was kept until today, even after several changes of its official name.
- 1953: CTT adopts the horse rider logo. The logo represents an ancient postman rider of the CTT, announcing his arrival with a bugle. The logo was redesigned three times, most recently in 2004.
- 1969: CTT becomes a State Company, adopting the name CTT Correios e Telecomunicações de Portugal—CTT Posts and Telecommunications of Portugal.
- 1992: the telecommunications service is separated from the CTT, becoming an autonomous company. At the same time, CTT becomes a public limited company (with all shares owned by the Portuguese government), adopting the name CTT Correios de Portugal—CTT Posts of Portugal.
- 30 November 2007: CTT launches Phone-ix, a mobile virtual network operator (MVNO) operating on the MEO network.
- 2014: the CTT becomes an entirely private company.
- 1 January 2019: CTT closes down Phone-ix.
The CTT group
editThe CTT group includes the following subsidiaries:
- CTT Correios: national and international regular mail delivering company;
- CTT Expresso: national and international express mail service;
- Mailtec: management and information systems research & development company;
- PostContacto: non addressed mail delivering company;
- Campos Envelopagem: direct marketing and editorial mail company;
- PayShop: utility services pay net service;
- Phone-ix: mobile communications operator;
- Tourline Express: express mail service (Spain).
Gallery
edit-
CTT Expresso
-
PayShop
-
Phone-ix
-
A CTT mail delivery vehicle
-
CTT traditional mail boxes for normal mail (red) and priority mail (blue)
-
A CTT local post office
See also
editExternal links
edit- CTT official website
References
edit- ^ "CTT: Portugal's postal services, rates, and postal codes | Expatica". Expat Guide to Portugal | Expatica. Retrieved 2021-03-10.
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2014-04-23. Retrieved 2014-04-21.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ "CTT mobile telephone service to cease on 1 January" (Press release). Portugal: Anacom. 2019-01-04. Retrieved 2021-03-09.
- ^ "The Portuguese government completes privatization of CTT Group". www.idstrac.com. Archived from the original on 2015-10-13.