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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...

Quad-Play Telecom Services are Beginning to Take Off in Greece

Quad-play telecommunication services are becoming increasingly popular in Greece. It is a marketing term combining the triple play service of broadband Internet access, television...

Telecoms Operator OTE Q2 Core Profit Rises

Greece's biggest telecoms operator OTE posted a 1% rise in second quarter core profit on Thursday, helped by an increase at its domestic mobile...

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 Justice Minister Urges to Start Postponed Siemens Cash-for-contracts Trial, While Top Judge Orders...

According to a press release, Greek Justice Minister Nikos Paraskevopoulos is urging the courts to push ahead with the trial of Siemens cash-for-contracts trial...

Judge’s Death May Result in 2nd ‘Indefinite Adjournment’ of Siemens Bribery Case

The trial of Greek former transport minister Tassos Mantelis, who has been indicted for allegedly accepting bribes from Siemens slush funds, may well become...

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...

Siemens Trial to Start in Greece Amid Hurdles

Ten years after the multi-million euro Siemens corruption scandal was exposed, the trial is about to start at the Athens Court of Appeals amid...

Greece to Host Broadband Internet Network on Flights Over Europe

Greek telecommunications company OTE is to play a key role in the development of a network providing broadband internet connection on flights over Europe. British...

OTE Announces Voluntary Retirement Scheme

Hellenic Telecommunications Organisation (OTE) announced a new voluntary retirement plan as an exit strategy for its employees. In an announcement, OTE said that “The plan...

Greek Supreme Court Says Four Germans in Siemens Case Must Stand Trial

The Greek Supreme Court's prosecution on Tuesday denied the petitions of four German nationals asking for the withdrawal of an indictment ordering them to...

Swiss Banker in Custody After Testifying Before Greek Prosecutors

Swiss banker Jean-Claude Oswald was detained pending trial after testifying on Wednesday before two Greek prosecutors on separate cases involving money laundering and kickbacks...

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