OTE

Hellenic Telecommunications Organization (OTE S.A.) is the largest telecommunications provider in the Greek market and, together with its subsidiaries, forms one of the leading telecom Groups in South-eastern Europe.

OTE is among the five largest listed companies, with respect to capitalization, in the Athens Stock Exchange and is also listed in the London (LSE) Stock Exchange.

Since 1996 (when OTE was a state-owned monopoly), the Greek State has been gradually reducing its participation in OTE’s share capital.

On May 14th 2008, an agreement was signed between the Greek Government and Deutsche Telekom regarding the participation of the latter in OTE’s share capital.

Since July 11th 2011, following the sale of additional percentages of OTE’s share capital to Deutsche Telekom by the Greek State, Deutsche Telekom now holds 40% and the Greek State 10%.

The OTE Group offers a full range of products and services, from broadband services, fixed and mobile telephony, to high-speed data communications and leased lines services. In addition, the Group in Greece is involved in a range of activities, notably satellite communications, real-estate and professional training. At present, OTE companies employ over 30,000 people in 4 countries.

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OTE