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OTE, Fon Roll Out 'Crowdsourced' WiFi

2014-12-08 21:03:16| Wireless - Topix.net

OTE, the leading telco in Greece, in collaboration with Fon, the global WiFi network, now offers users the opportunity to 'liberate' their WiFi. All OTE Double Play subscribers are now able to become Fon members for free.

Tags: roll wifi fon ote

 

OTE TV up 69.1% Y-o-Y in Greece

2014-08-07 19:10:23| Digital TV News

OTE (ASE: HTO; OTC MARKET: HLTOY) has announced results to end-June, 2014. At the end of the quarter, OTE TV subscribers amounted to 296k, an increase of 69% year-on-year. Romtelecom TV subscribers rose by 6.8% compared to Q213.

Tags: greece ote yoy

 
 

OTE makes takeover bid for Nova TV

2014-07-01 13:39:00| Telecompaper Headlines

(Telecompaper) Greek operator OTE has made a non-binding bid to acquire the pay-TV service Nova from Forthnet. OTE said the bid was worth EUR 250-300 million excluding debt and cash on hand. Forthnet confirmed the bid but did not provide further details. Its board will study the offer. OTE said the takeover will help it expand its pay-TV operations launched a few years ago. OTE reported 279,000 TV subscribers at the end of March, while Forthnet had a total 482,433. Both companies have been showing double-digit growth in the TV market. The takeover would be subject to approval by competition authorities. 

Tags: tv makes bid nova

 

OTE makes 300m pay TV bid

2014-07-01 02:00:00| Total Telecom industry news

Greek telecoms incumbent announces it has made an offer for Forthnet's Nova.

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DT pledges EUR 1.2 bln investment in OTE

2014-02-02 21:11:00| Telecompaper Headlines

(Telecompaper) The new CEO of Deutsche Telekom, Tim Hoettge, and Claudia Nemat, DT's board member responsible for Europe, met with the CEO of Greek operator OTE Michael Tsamaz and the Greek Prime minister Antonis Samaras to discuss the group's investment and strategic plans in Greece. DT said it plans to invest EUR 1.2 billion in OTE group in the coming four years. Hoettges noted that DT is confident in the prospects for OTE group and the country. OTE is a strategic investment for DT with a long-term horizon, he said. Separately, the Greek paper eKathimerini reported, citing two people familiar with the matter, that the German operator made an offer to buy a 10 percent stake in OTE held by the Greek government. DT already holds 40 percent in OTE. It was not clear how much DT offered for the stake. OTE has a market capitalisation of around EUR 5.4 billion. 

Tags: in eur investment pledges

 

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