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Deutsche Telekom Raises OTE's Equity Stake to 40%

Deutsche Telekom AG has raised its equity stake in the Hellenic Telecommunications Organisation (OTE) to 40%, following the completion of the purchase of a...

Deutsche Telekom to Pay 391.6 MLN for 10% of OTE

Deutsche Telekom will pay 391,630,153 euros for the purchase of a 10% equity stake in Hellenic Telecommunications Orgranisation (OTE), according to a decision taken...

Finance Minister Activates 10% Additional OTE Equity Stake Option

The Greek government will activate an option contained in an existing contract between the Greek state and Deutsche Telekom to sell an additional 10%...

Finance Minister Asks Deutsche Telekom to Purchase 10% of OTE

The government is speeding up procedures to implement an eagerly awaited privatisation programme. Finance Minister George Papaconstantinou, in a letter sent to Deutsche Telekom's...

Moody΄s Downgraded OTE To Baa3 From Baa2

Moody΄s Investors Service said on Tuesday it downgraded the long-term issuer rating of Hellenic Telecommunications Organisation (OTE) to Baa3 from Baa2. Concurrently, Moody΄s has downgraded...

OTE Ready to Sell 20% Stake in Telekom Serbia

The Greek OTE company has informed the Serbian government that it was ready to sell its 20% stake in Telekom Serbia, reports radio B92....

OTE Cuts Extra Payments & Benefits to its Parent & Susidiaries Managers

Hellenic Telecommunications Organisation (OTE) proceeded with the cutting of extra payments and benefits of both its parent and subsidiaries managers. This is considered as...

Deutsce Telekom Presents Programme to OTE to Reduce Running Costs

Deutsche Telekom has presented a programme to cut Hellenic Telecommunications Organisation’s (OTE) running costs.  This includes wages cuts, stated DT’s head in Southeast Europe...

OTE to delist from NYSE

Hellenic Telecommunications Organisation (OTE) intends to delist from the New York Stock Exchange within September, OTE's management said in an announcement on Monday. The announcement...

Felony charges filed in OTE procurement case against CEO

The Hellenic Telecommunications Organisation (OTE) President and CEO Panagis Vourloumis and another OTE executive were referred to a three-judge appellate felony court on Friday...