OTE Cuts Cost Of Calls To Mobiles From Its Fixed Lines

ATHENS -(Dow Jones)- Greece's dominant fixed-line telephone operator Hellenic Telecommunications Organization, or OTE, (OTE) Wednesday said it's cutting charges for calls made to mobile telephones from its network.

OTE said it's cutting the cost of calls made to Greece's three main mobile operators, Cosmote (COSMO.AT), Vodafone and TIM Hellas Telecommunications (TIMHY) by 3.2% while calls to smaller operator Q Telecom will be cut by 2.6%.

The new prices apply to all calls made to mobiles in Greece since the beginning of the year, OTE said.

-By Paul Tugwell,Dow Jones Newswires; 30 210 3312 881; paul.tugwell@dowjones.com

(END) Dow Jones Newswires"

Posted to the site on 2nd February 2005