OTE

Hellenic Telecommunications Organisation S.A. (OTE Group) is the largest technology company in Greece. It is one of the three largest companies listed in the Athens Stock Exchange, according to market capitalization.

Hellenic Telecommunications Organisation S.A.
Οργανισμός Τηλεπικοινωνιών Ελλάδος Α.Ε.
Organismós Tilepikoinonión Elládos Α.Ε.
Company typePublic Subsidiary
Athex: HTO
IndustryTelecommunications
Founded1949 (1949)
HeadquartersMarousi, Athens, Greece
Area served
Balkans
Key people
Michael Tsamaz (Chairperson)
ProductsCosmote TV
Fixedline telephony
Mobile Telephony
Broadband internet
Digital television
Fiber-optic communication
IT Services
Revenue€4.08 billion (2022)
€812.3 million (2021)
€589.7 million (2021)
Total assets€5.217 billion (2021)
Total equity€1.972 billion (2021)
OwnerDeutsche Telekom (53%)
Government of Greece (1.2%)
EFKA (6.5%)
Public float (39.3%)
Number of employees
10,500 (2021)
SubsidiariesGermanos
OTE Plc
Telekom Romania Mobile
Websitewww.cosmote.gr/cs/otegroup/gr/corp_homepage.html

OTE Group offers fixed-line and mobile telephony, broadband services, pay television and integrated Information and Communications Technology (ICT). At the same time, the Group is involved in a range of activities, notably satellite communications, real-estate and professional training. Formerly a state-owned monopoly, OTE's privatisation started in 1996 and is now listed on the Athens and London Stock Exchanges.

Today, OTE Group employs about 13,000 people in Greece and approximately 20,000 in total. Since July 2009 Deutsche Telekom is the largest shareholder of the company.

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