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Articles tagged with: Cosmote and Ote
Deutsche Telekom Posts Q1 Loss on T-Mobile Write Down
Germany's Deutsche Telekom has reported a net loss of EUR 1.1 billion (US$1.46 billion) for the first-quarter of this year, compared to a profit of EUR 900 million a year ago. The loss was largely blamed on an expected EUR 1.8 billion (US$2.4 billion) write-down on the valuation of T-Mobile UK. Adjusted profit was EUR 700 million (US$931 million), which is a 12.7% decline on the previous year, reflecting a slight downward trend in operational terms. more
Related Tags: deutsche-telekom, t-mobile-uk, telekom, Germany
OTE Sells Macedonian Mobile Network to Telekom Slovenia
Greece's OTE has sold its Macedonian subsidiaries, Cosmofon and Germanos Telekom Skopje to Telekom Slovenije for EUR190 million (US$251 million). The transaction is being processed through OTE's cosmote subsidiary, OTE MTS Holding. more
Related Tags: deutsche-telekom, eu, mts, iden, telekom, Macedonia
OTE Debt Rated as Stable - Despite Rising Competition
Fitch Ratings has affirmed Greece-based Hellenic Telecommunication Organizations's (OTE) Long-term Issuer Default rating (IDR) at 'BBB' with Stable Outlook. At the same time, the agency has affirmed OTE's senior unsecured rating at 'BBB'. more
Related Tags: deutsche-telekom, arpu, fitch-ratings, fitch, telekom, presence, Greece
Greece OTE Q2 Profit Rises to $237 Million
Greece's Hellenic Telecommunications Organization (OTE) has reported that its second-quarter profit rose 16.6 percent to €159.3 million (US$235.6 million). Operating income before depreciation and amortisation (OIBDA) rose 6.3 percent to €578.8 million (US$851 million), while revenue rose 2.5 percent to €1.6 billion (US$2.35 billion), helped by growth at its cosmote mobile phone division. more
Related Tags: deutsche-telekom, telekom, Greece
FOCUS: Deutsche Telekom Poised to Become Goliath in Balkans
ATHENS -(Dow Jones)- Plans by German communications giant Deutsche Telekom to gain control of Greece's one-time monopoly phone company will create a new Goliath in the Balkans - Europe's fastest growing telecom market. more
Related Tags: deutsche-telekom, european-commission, european-union, unions
OTE 4Q Net Profit Up on Unit Sale, Misses Views
ATHENS -(Dow Jones)- Hellenic Telecommunications Organization (OTE) said Thursday fourth-quarter net profit rose 78%, mainly on the sale of its InfOTE unit, although the rise fell short of analysts' hopes as cosmote and its Romanian operation underperformed. more
Related Tags: deutsche-telekom, tax, Greece
cosmote has appointed Mr. Stefanos Theocharopoulos as the CEO of the company's Romanian subsidiary. Mr. Nikolaos Tsolas, following a track record of over two years as the company's CEO, retires from his position for personal reasons. more
Related Tags: o2, fujitsu, satellite, Romania
OTE Chief Says Consolidation With Cosmote "Best Solution"
ATHENS -(Dow Jones)- The consolidation of Hellenic Telecommunications Organization (OTE) and its cosmote mobile telephony unit remains the "best solution" for the group as it braces for increased competition, OTE Chief Executive Panagis Vourloumis said Tuesday. more
Related Tags: wind, wind-hellas
Cosmote Romania Doubles Subscriber Base in Just 4 Months
..year.Company Web site: www.cosmote.gr-By Ayse Ferliel, Dow Jones Newswires; +30 210 331-2881, ayse.ferliel@dowjones.com(END) Dow Jones Newswires " more
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Greece To Bring In Law To Dispose Its OTE Stake
ATHENS -(Dow Jones)- The Greek government proposed Friday new legislation that will allow it to completely sell its stake in the Hellenic Telecommunications Organization (OTE). more
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