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Hellenic Telecommunications Organization S.A.


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Greek Prosecutor Files Indictment Over Germanos Acquisition

[CN+] A Greek prosecutor Friday indicted the chairman and directors of Greece's state-controlled phone company, Hellenic Telecommunications Organization (OTE), in relation to its 2006 acquisition of retail electronics chain Germanos.

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Greek Telecoms Regulator Fines OTE EUR3 Million

Greece's telecommunications regulator Friday fined Hellenic Telecommunications Organization (OTE), the country's former monopoly phone company, EUR3 million for failing to meet regulatory requirements.

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Greece's OTE Appoints Two Deutsche Telekom Executives to Board

Hellenic Telecommunications Organization (OTE) shareholders on Thursday appointed two senior Deutsche Telekom executives to its 11-member board of directors, foreshadowing the role the German telecom will play in the future management of OTE.

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Greek regulator faults high fees

Hellenic Telecommunications Organization's Cosmote and other mobile-phone operators charge “unacceptably” high fees for completing calls on their networks and these will need to be

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OTE profit flat as retirement charges weigh

(Adds detail, background.) ATHENS (MarketWatch) -- Hellenic Telecommunications Organization SA, or OTE, (OTE.AT) said Thursday that first-quarter net profit was flat compared with a year earlier as the costs of early retirment schemes in Romania, and to a lesser extent in Greece, weighed on earnings. For the three months to March 31, the company said net profit was EUR141.1 million compared with EUR140.9...

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Greece's OTE 1Q Net Profit Hit By Romania Retirement Plan

[CN+] Hellenic Telecommunications Organization , or OTE, said Thursday that first-quarter net profit was flat compared with a year earlier as the cost of an early retirment plan for its Romanian operations weighed on earnings.

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Major Greek unions strike to protest privatization

Saturday, May 17, 2008 : The two largest unions in Greece organized strikes on Thursday, May 15, of workers in telecommunications, banking and transportation. The national actions were called to protest government plans to effectively privatize OTE, the Hellenic Telecommunications Organization, along with large portions of shipping operations at two major ports.

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Greece, Deutsche Telekom agree on OTE stake, control

Greece and Deutsche Telekom AG, Europe's biggest telephone company, reached a final agreement on the sale of a stake and management control of Hellenic Telecommunications

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Greece, Deutsche Telekom Deal on OTE Expected Next Week - Source

A deal between Greece and Deutsche Telekom over the future of Hellenic Telecommunications Organization (OTE) is expected to conclude next week, a senior finance ministry official said Thursday.

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Greece, Deutsche Tel Deal Includes 20% Option on OTE

[CN+] A deal between the Greek government and Deutsche Telekom concerning the future of Hellenic Telecommunications Organization (OTE), would give DT an option to acquire a further 20% stake in the Greek telco, media reports said Monday.

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Greece, Deutsche Telekom Resolve Key OTE Differences - Official

Talks between the Greek government and Deutsche Telekom over the future of Greece's largest telephone company, Hellenic Telecommunications Organization (OTE), are close to a conclusion with most of the difficult issues resolved, a senior Greek finance ministry official said Friday.

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OTE's CEO: Deutsche Telekom Deal Good for OTE, Greece

[CN+] A deal under which Deutsche Telekom would gain effective management control and a 25% stake in Hellenic Telecommunications Organization (OTE) is good both OTE, and for Greece, according to the head of the Greek telco.

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France Telecom Denies Rumor it Plans Rival Bid for OTE

France Telecom, Monday denied it is planning a bid for a stake in Greek operator Hellenic Telecommunications Organization, or OTE.

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Prosecutor Summons Siemens, OTE Execs to Testify in Corruption Probe

[CN+] A Greek prosecutor has summoned seven former executives at Siemens's Greek unit and Hellenic Telecommunications Organization (OTE) to testify in an ongoing corruption probe, the semiofficial Athens News Agency reported Thursday.

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Alcatel-Lucent upgrades optical networks for OTE

(Telecompaper) Alcatel-Lucent has inked a deal with the Hellenic Telecommunications Organization (OTE) to upgrade and expand its transport infrastructure. Under the terms of the contract worth over EUR 12 million, Alcatel-Lucent is implementing its optical services to support OTE’s strategy of expanding the distribution of high-speed services in major urban and regional areas. Alcatel-Lucent will [...]...