Tag: OTE

FINANCE
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DT to exercise right to buy further 5%-stake of OTE; deal worth 284.05 mln€

Panos - Mar 21, 2018

Deutsche Telekom (DT) has activated a clause, as widely expected, and exercised its right to purchase a further 5-percent stake of the Hellenic Telecommunications Organization (OTE), Greece's…

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

Panos - Feb 22, 2018

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…

FINANCE
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Greece’s OTE aims to shed 350 workers in voluntary redundancy scheme

Panos - Jun 23, 2016

Greece’s dominant telecoms operator OTE has launched a voluntary redundancy scheme and about 350 workers are expected to sign up for it, the company said on Wednesday.…

FINANCE
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Greek State’s privatization plan aims to preserve its rights in OTE

ilias1 - May 29, 2016

The government has decided on a formula for the further privatization of OTE in a way that will preserve the state’s rights; in more detail, the Finance…