OTE is strategically positioned to make the most of the recovery of the Greek economy.
Furthermore, according to Michael Tsamaz, the group’s chairman and CEO, it remains interested in the Romanian market, where there were the first positive signs in OTE’s companies in the third quarter.
In a summary of the European Tech, Media, and Telecom (TMT) Conference organised by Morgan Stanley in Barcelona, where leading OTE executives including Michael Tsamaz were present, the telco also refers to its extensive investment plan.
Worth €1.3 billion in the current four-year period, it is mainly focused on mobile and fixed New Generation Networks (NGNs).
Tsamaz said that that the existence of a new regulation on vectoring constitutes by itself an important step for the creation of NGNs in Greece, which has been a constant demand of the OTE group over the years.
OTE and the outlook for the Greek economy attracted the interest of dozens of leading investment firms from around the world present at the conference.
They included Fidelity, Capital World Investors, Franklin Templeton, Schroders, Wellington and Lazard.
