# The 31 largest subscription businesses in Portugal

Tamtam tracks 31 subscription businesses headquartered in Portugal. This list ranks all of them by number of employees on LinkedIn, led by Vivo (Telefônica Brasil), Altice Portugal and MEO. Their median headcount is 479. Half of them were founded in 1998 or later. The most common headquarters are Lisbon (13) and Braga (3).

This selection of subscription businesses in Portugal is dominated by large telecommunications groups, alongside significant sports organizations and wellness services. Vivo (Telefônica Brasil) is a major Brazilian telecommunications provider. Altice Portugal and MEO are also key telecommunication and multimedia operators. Sport Lisboa e Benfica is an influential football club, and Holmes Place International is a premium health and fitness concept.

A notable pattern among these companies is the strong concentration of headquarters in Lisbon, indicating the capital's role as a central hub for major businesses in Portugal. The list also includes a mix of established companies founded in the late 20th century, such as Vivo and Holmes Place International, and more recent entrants like ECO, founded in 2016.

🇵🇹 Portugal · 31 companies · Updated Nov 12, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Vivo (Telefônica Brasil)](https://www.tamtam.ai/c/vivo-telefonica-brasil) (vivo.com.br)<br>Largest Brazilian telecommunications provider. Offers comprehensive fixed, mobile, and digital services including fiber optic, 4G, 4.5G, and IPTV. Focuses on digital inclusion and education. | Telecommunications | 🇵🇹 São Paulo | 39,219 | 1998 |
| 2 | [Altice Portugal](https://www.tamtam.ai/c/altice-portugal) (altice.pt)<br>A global telecommunications and multimedia operator in Portugal, offering fixed line, mobile, multimedia, data, and business solutions to meet digital consumer needs | Telecommunications | 🇵🇹 Lisbon | 5,800 |  |
| 3 | [MEO](https://www.tamtam.ai/c/meo) (meo.pt)<br>Partnering with businesses to innovate, overcome challenges, and enhance competitiveness, supporting economic growth across all sectors and locations. | Telecommunications | 🇵🇹 Lisbon | 5,389 |  |
| 4 | [NOS SGPS](https://www.tamtam.ai/c/nos-sgps) (nos.pt)<br>A forward-thinking organization providing cutting-edge fixed and mobile solutions for television, internet, voice, and data, leading in cinema distribution in Portugal | Telecommunications | 🇵🇹 Lisbon | 4,014 | 2014 |
| 5 | [Posto de Saúde](https://www.tamtam.ai/c/posto-de-saude) (postodesaude.pt)<br>A hospital and health care provider located in Praia da Vitória, Portugal, offering medical services to its community | Hospitals and Health Care | 🇵🇹 Praia da Vitória | 3,047 |  |
| 6 | [Portugal Telecom](https://www.tamtam.ai/c/portugal-telecom) (telecom.pt)<br>A telecommunications and multimedia operator in Portugal, focused on innovation and customer experience, now part of a multinational company | Telecommunications | 🇵🇹 Lisbon | 2,823 |  |
| 7 | [Sport Lisboa e Benfica](https://www.tamtam.ai/c/sport-lisboa-e-benfica) (slbenfica.pt)<br>A highly decorated and influential football club with a large fan base worldwide, known for nurturing top football talent and innovative marketing strategies | Spectator Sports | 🇵🇹 Lisbon | 2,036 | 1904 |
| 8 | [Sporting Clube de Portugal](https://www.tamtam.ai/c/sporting-clube-de-portugal) (sporting.pt)<br>Portuguese sports organization, global presence, over 20,000 titles, 30 European cups, 124 Olympians, strong fan base, academy football. | Spectator Sports | 🇵🇹 Lisbon | 1,775 | 1906 |
| 9 | [Holmes Place International](https://www.tamtam.ai/c/holmes-place-international) (holmesplace.com)<br>A premium health, fitness, and wellness concept with over 35 years of industry leadership, operating in 9 countries with 80+ clubs and 5 million members | Wellness and Fitness Services | 🇵🇹 Paço de Arcos | 1,529 | 1980 |
| 10 | [DIGI Portugal](https://www.tamtam.ai/c/digi-portugal) (digi.pt)<br>Leading telecommunications company in Europe offering mobile, internet, fixed-line, and fiber optic services across various growing markets with over 22 million customers | Telecommunications | 🇵🇹 Lisbon | 830 | 2021 |
| 11 | [Fitness UP](https://www.tamtam.ai/c/fitness-up) (fitnessup.pt)<br>A fitness club chain offering eco-friendly, energizing gyms accessible to beginners and professionals, aiming to make happiness through fitness a universal right | Wellness and Fitness Services | 🇵🇹 Vila Nova De Famalicão | 765 | 2012 |
| 12 | [Optimus](https://www.tamtam.ai/c/optimus) (nos.pt)<br>A telecommunications company launched in 1998 offering a range of mobile and fixed solutions using advanced technologies, merging to form a new, customer-oriented entity | Telecommunications | 🇵🇹 Matosinhos | 724 | 1998 |
| 13 | [Portela](https://www.tamtam.ai/c/portela) (portelacafes.pt)<br>A passionate coffee company, founded in 1977, sourcing and blending the best coffee from around the world to serve true coffee enthusiasts | Manufacturing | 🇵🇹 Portela-LRS | 575 | 1977 |
| 14 | [Cegid Primavera](https://www.tamtam.ai/c/cegid-primavera) (pt.primaverabss.com)<br>Offers business management solutions for all company sizes and sectors, integrating global cloud-based finance, HR, retail, and small business software. | IT Services and IT Consulting | 🇵🇹 Braga | 500 | 1993 |
| 15 | [ECO](https://www.tamtam.ai/c/eco) (eco.sapo.pt)<br>A digital economic newspaper with innovative technology, independent journalism, and a diverse group of investors, delivering financial news for the digital world | Newspaper Publishing | 🇵🇹 Lisbon | 491 | 2016 |
| 16 | [Expresso](https://www.tamtam.ai/c/expresso-paco-de-arcos) (expresso.pt)<br>The company ensures independent publications that prioritize informing society over political or economic interests, upholding journalistic ethics and loyalty to readers | Newspaper Publishing | 🇵🇹 Paço de Arcos | 479 | 1972 |
| 17 | [VivaGym Portugal](https://www.tamtam.ai/c/vivagym-portugal) (vivagym.pt)<br>Provider of premium gym services at affordable prices, with spacious facilities, top-notch equipment, group classes, innovation, and a competent, motivated team focused on achieving member's goals | Wellness and Fitness Services | 🇵🇹 Oeiras | 460 |  |
| 18 | [MEDICARE Portugal](https://www.tamtam.ai/c/medicare-portugal) (medicare.pt)<br>A leading health insurance brand in Portugal, democratizing access to private healthcare with innovative solutions for millions of families | Wellness and Fitness Services | 🇵🇹 Lisbon | 412 | 2006 |
| 19 | [Vanguard Media Limited](https://www.tamtam.ai/c/vanguard-media-limited) (vanguardngr.com)<br>A Nigerian daily newspaper providing comprehensive coverage of national news, politics, business, sports, entertainment, fashion, and human interest stories since 1984 | Media Production | 🇵🇹 Apapa Lagos | 400 | 1984 |
| 20 | [Holmes Place Portugal](https://www.tamtam.ai/c/holmes-place-portugal) (holmesplace.com)<br>A premium health club offering gym, group classes, pool, spa treatments, and plant-based kitchen for a healthier and happier lifestyle | Wellness and Fitness Services | 🇵🇹 Algés | 378 | 1998 |
| 21 | [Cegid PHC](https://www.tamtam.ai/c/cegid-phc) (phcsoftware.com)<br>A business software solutions company with a global reach, empowering over 37,000 companies with efficient operations, informed decision-making, and engaged employees | IT Services and IT Consulting | 🇵🇹 Porto Salvo | 371 | 1989 |
| 22 | [SPORT TV](https://www.tamtam.ai/c/sport-tv) (sporttv.pt)<br>A leading Portuguese sports channel promoting a love for sports impartially since 1998 Offering national and international sports coverage | Broadcast Media Production and Distribution | 🇵🇹 Lisbon | 364 | 1998 |
| 23 | [Vitória Sport Clube](https://www.tamtam.ai/c/vitoria-sport-clube) (vitoriasc.pt)<br>A sports club with a rich history, known for its football achievements, passionate fans, and success in various sports disciplines | Spectator Sports | 🇵🇹 Guimarães | 338 | 1922 |
| 24 | [Infraspeak](https://www.tamtam.ai/c/infraspeak) (infraspeak.com)<br>Infraspeak provides an Intelligent Maintenance Management Platform to streamline tasks, optimize resource allocation, and enhance operational efficiency for managers and technicians | Software Development | 🇵🇹 Porto | 244 | 2015 |
| 25 | [Médis](https://www.tamtam.ai/c/medis-lisboa) (medis.pt)<br>A pioneer in the Portuguese insurance market, providing innovative integrated healthcare management services focused on quality, excellence, and customer-centric care | Public Health | 🇵🇹 Lisbon | 220 | 1996 |
| 26 | [Drive on Holidays](https://www.tamtam.ai/c/drive-on-holidays) (movidarentacar.pt)<br>A company in Portugal specializing in international tourism under the brand Drive On Holidays Movida, with six locations near major airports | Travel Arrangements | 🇵🇹 Portugal | 213 | 2011 |
| 27 | [Nutrium](https://www.tamtam.ai/c/nutrium) (nutrium.com)<br>Nutrium offers nutrition software for professionals and a wellness program for organizations to improve the health and wellbeing of employees | Wellness and Fitness Services | 🇵🇹 Braga | 205 | 2015 |
| 28 | [HCI HEALTHCARE HMO](https://www.tamtam.ai/c/hci-healthcare-hmo) (hcihealthcare.ng)<br>A leading Health Maintenance Organization in Nigeria, providing quality and affordable medical services to a wide range of individuals through government and private schemes | Hospitals and Health Care | 🇵🇹 Lagos | 185 | 1997 |
| 29 | [Visor.ai](https://www.tamtam.ai/c/visor-ai) (visor.ai)<br>AI-powered platform streamlines Customer Service interactions, automating responses, reducing lost calls, and providing 24/7 support with high automation rates and quick ROI | Software Development | 🇵🇹 Lisbon | 39 | 2016 |
| 30 | [Shifter](https://www.tamtam.ai/c/shifter-lisbon) (shifter.pt)<br>A Portuguese startup in the information and media sector, Shifter provides diverse content for millennials and digital natives, aiming to empower a conscious and motivated generation | Media Production | 🇵🇹 Lisbon | 33 | 2013 |
| 31 | [APE Coffee Roasters](https://www.tamtam.ai/c/ape-coffee-roasters) (apecoffee.club)<br>Born from street coffee expertise, now roasting and serving top-quality specialty coffee, prioritizing sustainable practices from farm to cup for best flavor. | Food and Beverage Services | 🇵🇹 Braga | 3 | 2015 |

## How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

## More company lists in Portugal

- [The largest companies in Portugal](https://www.tamtam.ai/l/largest-companies-portugal) (1,725)
- [Multinational companies in Portugal](https://www.tamtam.ai/l/multinational-companies-portugal) (427)
- [Public sector organisations in Portugal](https://www.tamtam.ai/l/public-sector-organisations-portugal) (167)
- [Manufacturers in Portugal](https://www.tamtam.ai/l/manufacturers-portugal) (167)
- [Retail chains in Portugal](https://www.tamtam.ai/l/retail-chains-portugal) (158)
- [Critical infrastructure operators in Portugal](https://www.tamtam.ai/l/critical-infrastructure-operators-portugal) (156)
- [Companies with in-house R&D in Portugal](https://www.tamtam.ai/l/r-and-d-companies-portugal) (154)
- [Education providers in Portugal](https://www.tamtam.ai/l/education-companies-portugal) (135)
- [IT services companies in Portugal](https://www.tamtam.ai/l/it-services-companies-portugal) (128)
- [IT Services and IT Consulting companies in Portugal](https://www.tamtam.ai/l/it-services-and-it-consulting-companies-portugal) (111)
- [Higher Education companies in Portugal](https://www.tamtam.ai/l/higher-education-companies-portugal) (109)
- [Corporate groups and holding companies in Portugal](https://www.tamtam.ai/l/holding-companies-portugal) (99)
- [Software Development companies in Portugal](https://www.tamtam.ai/l/software-development-companies-portugal) (96)
- [Financial services firms in Portugal](https://www.tamtam.ai/l/financial-services-firms-portugal) (95)
- [Companies with a mobile app in Portugal](https://www.tamtam.ai/l/companies-with-mobile-app-portugal) (94)
- [Professional services firms in Portugal](https://www.tamtam.ai/l/professional-services-firms-portugal) (91)
- [Healthcare providers in Portugal](https://www.tamtam.ai/l/healthcare-providers-portugal) (84)
- [Consulting firms in Portugal](https://www.tamtam.ai/l/consulting-firms-portugal) (79)
- [Research institutes in Portugal](https://www.tamtam.ai/l/research-institutes-portugal) (74)
- [Hospitals and Health Care companies in Portugal](https://www.tamtam.ai/l/hospitals-and-health-care-companies-portugal) (70)
- [SaaS companies in Portugal](https://www.tamtam.ai/l/saas-companies-portugal) (63)
- [Hotel and hospitality groups in Portugal](https://www.tamtam.ai/l/hospitality-groups-portugal) (61)
- [Hardware manufacturers in Portugal](https://www.tamtam.ai/l/hardware-companies-portugal) (60)
- [E-commerce companies in Portugal](https://www.tamtam.ai/l/ecommerce-companies-portugal) (56)

## The same list elsewhere

- [Subscription businesses in the world](https://www.tamtam.ai/l/subscription-businesses-in-the-world) (11,417)
- [Subscription businesses in Europe](https://www.tamtam.ai/l/subscription-businesses-in-europe) (5,640)

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Source: https://www.tamtam.ai/l/subscription-businesses-portugal