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A Greek Among The 100 Most Powerful People of Telecommunications

According to the GTB Power 100 list, issued by the British magazine Global Telecoms Business, Michael Tsamaz is among the 100 most powerful people of telecommunications....

Hellenic Telecomms Organization S A Re Agreement

Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY) announces that today it signed a Share Purchase Agreement with PREDUZE E ZA TELEKOMUNIKACIJE "TELEKOM...

Hellenic Telecom Cuts Overtime & Allowances to Trim Costs

Hellenic Telecommunications Organization SA, Greece’s biggest phone company, will cut overtime and allowances for managers, to save 32 million euros as profit and...

Deutsche Telekom, OTE to Invest Over 3 Billion Euros in Greece

Deutsche Telekom and the Hellenic Telecommunications Organization (OTE) announced on Wednesday their intention to invest more than 3 billion euros ($3.4 billion) in Greece...

Greece’s OTE Sells Stake in Telekom Romania

Greece's Hellenic Telecommunications Organization (OTE) announced on Thursday it sold its 54 percent stake in Telekom Romania Communications to Orange Romania. It announced that the...

Siemens Kickback Case Reemerges in Greek Appeals Court

A former Greek minister should be found guilty of money laundering, a court heard on Monday. Tasos Mandelis, a former socialist transport minister, was found...

Greek Telecoms Provider (OTE) Sheds Another 350 Workers

The Hellenic Telecommunications Organization (OTE), Greece's telecoms provider, announced the implementation of a Voluntary Exit Scheme, primarily addressed to OTE employees near retirement as...

EWG Gives Greece 24-Hour Deadline to Comply with Bailout Actions

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that...

Greek Supreme Court Says Four Germans in Siemens Case Must Stand Trial

The Greek Supreme Court's prosecution on Tuesday denied the petitions of four German nationals asking for the withdrawal of an indictment ordering them to...