Greece’s OTE Telecom posts 1.9 pct drop in core profit

22 February 2018
301 Views

Greece’s biggest telecoms operator OTE posted a 1.9 percent drop in fourth-quarter core profit on Thursday, with tough conditions in its foreign operations more than offsetting domestic growth.

The former national monopoly, now 40 percent owned and managed by Germany’s Deutsche Telekom, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 337 million euros ($413.70 million) for the quarter, down from 343.7 million euros a year earlier. ($1 = 0.8146 euros)

You may be interested

New mass arrests in the Turkish Air Force!
WORLD
shares18 views
WORLD
shares18 views

New mass arrests in the Turkish Air Force!

makis - Sep 24, 2018

Fifty months after the attempted coup against Recep Tayyip Erdogan, which, according to the Turkish government, was a work of…

Dimitrov to FAZ: Prespa agreement to go to Parliament even if referendum rejects it!
SLIDE
shares20 views
SLIDE
shares20 views

Dimitrov to FAZ: Prespa agreement to go to Parliament even if referendum rejects it!

makis - Sep 24, 2018

The Foreign Minister of FYROM Nicola Dimitrov hinted that the Prespa agreement can be rescued even if not ratified in…

JOKER results: 23/09/2018
GREECE
shares42 views
GREECE
shares42 views

JOKER results: 23/09/2018

Panos - Sep 23, 2018

The winning numbers from the JOKER draw are as follows:

Leave a Comment

Your email address will not be published.