Articles tagged with: Cosmote and Telekom

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, ote, 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, ote, 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, ote, fitch, 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, ote, Greece