 The company might be considered a Portuguese dot-com.In the PT Multimédia days, it brought Portugal Telecom SAPO (a successful web portal and search engine, sold to its parent company in 2005), Lusomundo (a successful movie distributor, movie theater operator included in the spun off company and, formerly, the owner of the Diário de Notícias newspaper and the TSF radio, which were sold to Controlinveste the same year as SAPO was sold) and several TV channels such as SportTV, CNL (now SIC Notícias) and TVCine (MOV was only created after the spin-off).On 17 January 2008, ZON announced it would acquire TVTEL, its main competitor in both cable and satellite broadcasting in Porto region.