PT Portugal owner Altice is planning to launch an online streaming service in Portugal within two to three months.
The news has been confirmed by PT Portugal chairman, Armando Pereira, speaking on the margins of the presentation of the Altice Labs innovation centre in Aveiro.
Zive is currently available only on French operator SFR, also owned by Altice group, having been launched in November last year.
The new subscription-VoD service would go head-on against Netflix, which launched in Portugal in October 2015, and NPlay, a similar service operated by rival telecom operator NOS.
No details are available on pricing, although in France the service costs €9.90 per month. The content will certainly vary, as the TV rights for series and movies are negotiated locally.
Besides Portugal, Altice is considering expanding Zive to other markets where the company has a presence. The president of the Board of Altice, Patrick Drahi, added that the group is also eyeing possible acquisitions in the media sector in all countries where it operates.