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OTE Telecom Reports 2.3% Drop in Third Quarter 2017 Profit

The country's biggest telecoms operator OTE posted a 2.3% drop in third-quarter core profit on Thursday, hit by what it described as challenging conditions...

Parliament Approves Transfer of 5% Stake in OTE to Privatization Agency

Parliament has approved an amendment which transfers five percent of the State’s share in telecom company OTE to the country’s privatization agency, a prior...

Greek Telecoms Provider (OTE) Sheds Another 350 Workers

The Hellenic Telecommunications Organization (OTE), Greece's telecoms provider, announced the implementation of a Voluntary Exit Scheme, primarily addressed to OTE employees near retirement as...

Deutsche Telekom to Increase Stake in OTE

Germany's major telecommunications company, Deutsche Telekom, is about to increase its existing 40% stake in OTE, buying a further 10% from the Greek government. As reported...

Deutsche Telekom Said in Talks to Buy Greece ’s OTE Stake

Deutsche Telekom AG (DTE) has made an offer to buy the 10 percent stake in Hellenic Telecommunications Organization SA (OTE) held by the Greek...

OTE Downsizing 13% in Fixed-Line Telecommunications

In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the...

OTE Sells Satellite Unit

Greece΄s biggest telecoms operator OTE said on Thursday it agreed to sell its satellite unit Hellas SAT to Saudi Arabia-based Arabsat for 208 million...

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