Telefónica and NOS agree defense pact as NOS stock stands at EUR 2.7 billion market value

Published on 10/22/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income rose 34.10 percent to EUR 77.50 million. NOS stock was EUR 5.20 on October 22, 2026, within EUR 3.60 to EUR 5.71.

Partnership and financing milestones

NOS and Telefónica agreed on October 20, 2026 to develop secure 5G and defense communications.
NOS refinanced EUR 380 million on September 30, 2026 through debt lines with four-, five- and six-year maturities.
NOS stock was trading at EUR 5.20 at 9:46 a.m. CEST at Lang & Schwarz on October 22, 2026.

5G-Mobilfunkantenne auf Dach in Lissabon, Symbolbild Telekommunikation Portugal — Fotorealistische 5G-Mobilfunkantenne in Lissabon symbolisiert NOS SGPS SA (ISIN PTZON0AM0006) und portugiesische Telekommunikationsinfrastruktur eindrucksvoll, Illustration mit AI erstellt.

NOS (PTZON0AM0006) had a EUR 2.7 billion market value as of October 22, 2026, while its latest corporate move was a defense and security partnership with Telefónica. The agreement signed on October 20, 2026, covers secure communications, advanced 5G and digital services, according to Telefonica.

Three dates frame the stock

The latest twelve-month chronology points first to July 23, 2026, when NOS reported second-quarter revenue of EUR 458.30 million and net income of EUR 77.50 million, figures reported by Simply Wall St. On September 30, 2026, NOS refinanced EUR 380 million through debt instruments with four-, five- and six-year maturities, according to Ground News. The October 20, 2026 Telefónica agreement was the most recent event and adds a technology angle to the telecom operator's investment story.

What does the profit rise mean?

The second-quarter net income increase of 34.10 percent from EUR 61.96 million to EUR 77.50 million lifted the reported profit margin from 13 percent to 17 percent, while revenue remained broadly stable at EUR 458.30 million, according to Simply Wall St. That combination makes profitability the clearest operating measure alongside the new defense technology initiative.

Next reporting date is November 3

The next substantiated date is November 3, 2026, for NOS third-quarter results, according to Investing.com. NOS says its shares are admitted to trading on Euronext Lisbon, and the company operates across telecommunications, media and entertainment, according to its investor-relations page.

Stock value holds near the yearly high

NOS stock was trading at EUR 5.20 at Lang & Schwarz on October 22, 2026 at 9:46 a.m. CEST. The quote stood within the EUR 3.60 to EUR 5.71 52-week range and supported a market capitalization of EUR 2.7 billion as of October 22, 2026. The further course of trading is shown by the continuously updated real-time quote of NOS stock.