0
General

OTE revenues down 1.7% in Q2, but EBITDA improves

Thursday 3 August 2017 | 10:23 CET | News
Greek operator OTE saw its revenues fall back to negative growth in Q2, but EBITDA improved year-on-year as the mobile market appears to have bottomed out in Greece. Group revenue fell 1.7 percent to EUR 954.7 million, while EBITDA rose 1.0 percent to EUR 310.9 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: OTE
Countries: Greece
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Greek telecom market 2017 turnover exceeds EUR 5 bln

Published 06 Dec 2018 10:22 CET | Greece
Greek telecommunication market's 2017 turnover exceeded EUR 5 billion for the third consecutive year, with revenues from ...

OTE cuts FY cash flow forecast on accelerated capex, weak international ops

Published 09 Nov 2017 10:59 CET | Greece
OTE reported slightly lower revenues and EBITDA for the third quarter, as strength in its home market Greece was offset by ...

Albanian active mobile users stable at 3.4 million in Q1

Published 02 Oct 2017 15:32 CET | Albania
There were 3.46 million active mobile telephony users in Albania at the end of the first quarter of 2017, out of a total of 5.26 ...

Telekom Albania Q2 revenues drop 14% to EUR 17 million

Published 04 Aug 2017 10:36 CET | Albania
Telekom Albania ended the second quarter of 2017 with total revenues of EUR 17.2 million, down 14.4 percent on the same period in ...

Deutsche Telekom lifts FY forecast after strong Q2

Published 03 Aug 2017 07:46 CET | Europe
Net revenue increased 6 percent in the second quarter to EUR 18.89 billion. Sales rose 12.7 percent in the US to EUR 9.24 billion ...

OTE invests EUR 2 bln in new networks in last 6 years

Published 26 Jul 2017 17:46 CET | Greece
OTE invested over EUR 2 billion in new generation networks in Greece over the last 6 years and another EUR 1.5 billion will be ...

OTE concludes EUR 300 mln financing package with EIB

Published 11 Jul 2017 06:47 CET | Greece
OTE announced that Cosmote, 100 percent subsidiary of OTE, entered into a EUR 150 million bilateral term loan with the European ...

OTE revenues up 0.1% in Q1 to EUR 929 mln

Published 11 May 2017 10:03 CET | Greece
OTE Group's revenues totaled EUR 929.0 million in Q1, up 0.1 percent, driven by growth in both Greek and Romanian fixed revenues, ...