The Greek Deal.com
OTE GROUP
What the Cosmote TV deal with Nova brings - The investments and the guidance for 2024
During the analysts' briefing on OTE's financials, OTE CEO Costas Nembis emphasized the value that the summer deal between Cosmote TV and Nova had brought.
Adjusted EBITDA for the nine-month period exceeded €1 billion
OTE recorded significant increases in revenues and profits in the third quarter and nine months.
The 3+1 priorities for development
Kostas Nebis, CEO of OTE, gave the group's employees a presentation of OTE's strategic plan through 2030.
Revenue up 6.6% and adjusted EBITDA 327 million in the second quarter
OTE Group reported a turnover of €1.788 billion, up 7.9%, and adjusted profit attributable to shareholders of €283 million, up 5.3%, for the first half of the year.
I hand over OTE in excellent condition
The last OTE general meeting led by Michael Chamaz, who is quitting the organization after fourteen years, was concluded moments ago with a quorum of 80.87%.
Deutsche Telekom has covered a €40 million bond issue
On June 24, OTE plc, a subsidiary of the Hellenic Telecommunications Organization of Greece S.A., issued a €40 million bond maturing in October 2024.
Intensifies investments in FTTH and 5G
The market positively evaluates the results announced by OTE for the nine-month period of 2023
Continuing growth in Greek profitability - Adj. EBITDA (AL) up 0.7%
In the third quarter of 2023, the consolidated revenues of OTE Group decreased by 2.6% and amounted to €881.0 million, as announced by the group.