The distribution of a gross dividend of 0.558 euros (in absolute amount) per share was decided by the regular General Meeting of OTE shareholders held on May 25, 2022. The amount of the dividend that will be finally paid is the gross amount of 0.571033 euros per share, increased by the dividend corresponding to the […]
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OTE Group participates in The Boardroom supporting the empowerment of women in the workplace
OTE Group, faithful to its vision for the creation of a world without discrimination and with equal opportunities for all, supports The Boardroom Greece, with the inclusion of Elena Papadopoulou, Chief Human Resources Officer of OTE Group, in the advisory board of the organization. Ms. Papadopoulou’s participation in The Boardroom marks another step towards promoting […]
BofA: Five reasons to buy the OTE share
Her Eleftherias Kourtali In a buy recommendation, Bank of America upgrades OTE’s share as it believes that the investment case of the Greek telecommunications company is transformed from “Returns to Shareholders” to “Returns to Shareholders + Growth”. As he points out, there are five very important reasons for investors to become buyers of the Greek […]
The axes of OTE’s investment plan for 2022
Of Foti Foteinou The axes of OTE’s investment plan for 2022 were mentioned, among others, by the President and CEO of the Organization, Michalis Tsamaz during yesterday’s annual general meeting. Mr. Tsamaz made special mention of the development of the FTTH network, the population coverage of 5G, the enhancement of the content of COSMOTE TV, […]
M. Tsamaz: 5G network in 100% Athens and Thessaloniki until the end of the year
By Fotis Fotinos The current challenges faced by the OTE Group and the investment plan for the current year were mentioned, among others, by the President and CEO Michalis Tsamaz during today’s annual general meeting of the Organization. Mr. Tsamaz underlined that “the Group is both mature and ready to face the challenges of rising […]
Deutsche Telekom’s stake in OTE reached 50%
On May 13, 2022, DEUTSCHE TELEKOM notified OTE SA that on the same day, its share of the total voting rights amounted to 50.00%. The purchases of OTE’s own shares in the framework of the Own Shares Acquisition Program resulted in the increase of DT’s participation in OTE to 50.00%, given that the voting rights […]
‘Relation’ of the OTE Group in mobile telephony
The OTE Group, after the gradual free upgrade of speeds to the fixed one, proceeded to the unlimited talk to all the national networks on the mobile for the majority of its subscribers. Combined movements, in order to strengthen the market shares, both in fixed and mobile telephony, are carried out by the OTE Group. […]
M. Tsamaz: In excellent condition for the OTE group to meet the challenges
By Fotis Fotinos The “strong performance” of the OTE Group in the first quarter of the year was mentioned by the president and CEO, Michalis Tsamaz during the briefing of the analysts. Mr. Tsamaz noted that, despite any uncertainties (geopolitical, pandemic, energy costs), the OTE Group is in “excellent condition” to meet the challenges, emphasizing […]
OTE: 4.7% increase in revenue and 8% in adjusted EBITDA
The OTE group announced today an increase of 4.7% in the turnover of the first quarter, while the adjusted EBITDA showed an increase of 8% and the adjusted net profits of the shareholders increased by 27.7%. The positive performance continues with the main operational and financial indicators strengthening, the group notes in a relevant announcement. […]
The ‘x-ray’ of the performance of Telekom Rumania Mobile and the effect on the results of OTE
Of Foti Foteinou It is the only subsidiary of the OTE group abroad. The reason for Telekom Rumania Mobile (TKRM), which, although in terms of revenue contributes 9.36% of the revenues of the OTE group, in terms of adjusted EBITDA contributes a small percentage (almost 2.5%). Specifically, Telekom Rumania Mobile recorded revenues of 315 million […]