Hellenic Telecommunication Organization, S.A. (OTE)

The Economic Times  May 26  Comment 
The state owns 10 percent of OTE, a hitherto unspecified part of which it has said it will divest. The firm is managed and 40 percent-owned by Deutsche Telekom.
The Economic Times  May 4  Comment 
OTE is 40 percent owned and managed by Germany's Deutsche Telekom. Net profit came in at 33.9 million euros ($38.97 million) in the first three months of the year, down from 40.4 million euros in the same period a year ago.
Cellular News  May 5  Comment 
Moody's Investors Service has downgraded Hellenic Telecommunications Organization's (OTE) debt ratings, and given them a negative outlook for a further downgrade. Click here for more.
Cellular News  Jul 2  Comment 
Ericsson says that it has signed a seven-year managed services agreement with Romanian operators Romtelecom and Cosmote, both subsidiaries of Greece's OTE. Click here for more.
Reuters  Jun 25  Comment 
Greek telecoms company OTE said it was in preliminary talks with the main shareholder of a small rival, Forthnet, to buy its subscription television operations.
Reuters  Feb 15  Comment 
Germany's Deutsche Telekom is close to a deal to increase its controlling 40 percent stake in Greece's OTE by buying a further 10 percent from the debt-laden government, the...
Cellular News  Dec 3  Comment 
The rating action follows Moody's recent decision to upgrade the Greek government's debt ratings. In addition, the upgrade reflects that, under its business plan, the company has made good progress in terms of improving its liquidity risk...
Reuters  Nov 8  Comment 
Greece's biggest telecoms company OTE plans to cut 1,100 jobs at its domestic fixed-line business, in the former state monopoly's latest move to reduce legacy costs.     
StreetInsider.com  Oct 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Radiant+Logistics+%28RLGT%29+to+Acquire+OTE+in+%2430M+Deal/8736142.html for the full story.



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