CTT Correios de Portugal, S.A.
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|Traded as||Euronext: CTT|
|Founded||1520 as Correio Público (Public Post)|
|Francisco de Lacerda, Chairman & CEO|
The acronym CTT comes from the former name of this department (Portuguese: Correios, Telégrafos e Telefones, meaning "Post, Telegraph and Telephone"), which was also the designation of postal services for the former Portuguese Colonies and still for the Macau Postal Service nowadays.
CTT were privatised in 2014, in order for the Portuguese government to raise money and comply with the European Union requirements for its bailout. In the previous year, 70% of the CTT shares had already been alienated.
- 1520: King Manuel I creates the public mail service of Portugal, the Correio Público—Public Post Office.
- 1533: the first postal service regulation in Portugal.
- 1753: the first financial mails regulations in Portugal.
- 1821: the beginning of house-to-house mail delivering in Portugal.
- 1880: the fusion of the Post Office and the Telegraphs Department in one 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 become 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 the several changes of 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 reformed three times, the last one 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 become a public limited company (with all shares owned by the Portuguese government), adopting the name CTT Correios de Portugal—CTT Posts of Portugal.
- 2014: the CTT becomes a totally private company.
The CTT group
The 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).
- CTT official website
- "Archived copy" (PDF). Archived from the original (PDF) on 2014-04-23. Retrieved 2014-04-21.