Portugal Telecom is eyeing a move into the fast-growing telecom market in China's mainland by using Macao as a foothold.

Tuesday's Macao Post said that Portugal Telecom executive chairman Miguel Horta e Costa met with heads of China's two powerful mobile service providers, China Mobile and China Unicom during his recent tour to Beijing, Hong Kong and Macao.

The post is Macao's first English-language newspaper that started publication in August. It said that Miguel Costa also got engaged with China Telecom and China Netcom, China's major fixed-line operators.

In the Asian region, Portugal Telecom has the biggest presence in Macao by holding a 28 percent stake in CTM, Macao's public telecom operator, which offers fixed, mobile and Internet services.The company also maintains a 55 percent stake in Macao's cable television provider TV Cabo Macao as well as two local satellite television firms.

As the biggest Portuguese company, Portugal Telecom has made substantial inroads into the Brazilian mobile market.

Source: Xinhua