OTE is strategically positioned to make the most of the recovery of the Greek economy.
The Greek government has paved the way for the sale of a 5% stake in the incumbent OTE.
OTE Group’s TV service has been rebranded Cosmote TV as of today (November 14).
Telekom Romania ended the third quarter with 1,431,761 subscribers to its DTH, IPTV and cable services.
The Greek incumbent has launched a new on demand service named OTE TV Plus.
The Greek incumbent OTE has signed an agreement with the European Bank for Reconstruction and Development (EBRD) to raise €339 million as syndicated facility.
Greece’s OTE saw a sharp year-on-year rise in its TV customer total in Q2 in its home market, while in Romania the increase was more modest.
The Greek incumbent OTE has appointed chief commercial officers for consumer and business segment, with both reporting directly to the company’s chairman and CEO Michael Tsamaz.
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.
The Greek incumbent OTE has already secured over 100,000 subscribers for its new hybrid platform, which combines the benefits of both its DTH service and IPTV.