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OTE Downsizing 13% in Fixed-Line Telecommunications
In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the...
Ancient Greeks Invented World’s First Telecommunications Device
The hydraulic telegraph, invented by the ancient Greeks, had the capacity to send long-distance messages as early as the fourth century BC.
The ingenious apparatus...
Greek Unions Protesting Rising Prices Hold General Strike
Greek unions held a rally in central Athens and other major cities on Wednesday during the general strike in protest against rising prices that...
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...
US Places Further Sanctions on Huawei Telecommunications
In a move which sends a strong message to the Chinese telecommunications conglomerate Huawei and any entity which might have thought of contracting with...
Deutsche Telekom Acquires Remaining 5 Percent Stake in Greece's OTE
The Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday that Deutsche Telekom AG acquired the remaining five-percent stake in Greece’s biggest telecom operator,...
Telecoms Operator OTE Q2 Core Profit Rises
Greece's biggest telecoms operator OTE posted a 1% rise in second quarter core profit on Thursday, helped by an increase at its domestic mobile...
Free Internet for 14,500 Households on Remote Greek Islands
The permanent residents of 47 remote islands in Greece are to get free internet access based on a Joint Ministerial Decision signed on Thursday...
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...