OTE is responsible for 60% of the total investment in Greece’s telecom market, according to Michael Tsamaz, chairman and CEO of the OTE Group.
Addressing the 64th ordinary general meeting of shareholders in Marousi, Athens, he added: “We have not stopped or hesitated, not even during the crisis. Just in the past five years, our investments in Greece exceeded €2 billion.
“For the following four years, we are implementing a €1.3 billion investment program, creating the networks of the future, covering our customers’ needs. In the past few years, many ambitious plans have been announced for investments in New Generation Networks (NGNs), however, the fact remains that the only one realising significant investments is the OTE Group”.
Referring specifically to NGNs, Tsamaz said: “We invest steadily, with business sense and as per our strategic plan with the aim to bring optic fibers to the home. We invest to offer life changing, and at the same time affordable, new technologies”.
“Everything we do is for our customers; for the people that will use the new networks and speeds to change the world around us. And the end user is not interested in what infrastructure we use, but in how good the service is.
“Our responsibility is for our networks to meet people’s rapidly increasing needs, at reasonable prices.”
Tsamaz also mentioned the targets of the Digital Agenda 2020, for which OTE has a “great responsibility”, and welcomed the appointment of the new chairman of the National Telecommunications & Post Commission (EETT).
