The team won three consecutive league titles between 2000 and 2003, but was dissolved by the company before the start of the 2003–04 season, citing financial reasons.
[2] In their second season, the team reached the Portuguese Basketball League Cup (Taça da Liga) finals, where they lost to Esgueira.
[2] At international level, Portugal Telecom participated in the 2000–01 FIBA Korać Cup, where they qualified for the Round of 32, where they were elimated as they finished 3rd out of 4 teams in their group.
[6] After being eliminated in the qualifying round of the 2001–02 Euroleague by Spirou Charleroi, Portugal Telecom took part in the 2001–02 FIBA Saporta Cup, where they ended 5th out of 6 teams in the Group A of the regular season phase.
[1] The team also participated in the 2002–03 FIBA Europe Champions Cup, where they were eliminated during the Regional Qualifying Round finishing 4th out of 6 in the Conference West.