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.
The Greek government has come up with a plan for the further privatisation of the incumbent telco OTE.
Telekom Romania saw its TV subscriber base grow by 2.5% in the year to March 31.
OTE’s pay-TV business reached break-even on a standalone basis last year, while its subsidiary Telekom Romania continued to operate in challenging conditions.
The Greek incumbent OTE will continue with its current investment plan, according to Michael Tsamaz, its chairman and CEO.
Magyar Telekom now has close to one million TV subscribers in its home market.
Telekom Romania’s combined TV subscriber total grew by 2.7% in the year to June 30.