All OTE/Cosmote articles – Page 5
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Strategy & Change
OTE targets facilities savings in ongoing revamp
Facility and Space Management business to be transferred to OTE Estate.
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Products & Services
Greece’s OTE heads into fintech
Telco’s CEO describes launch of smartphone payments app as “next big step” for business.
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Premium
Elsewhere in Deutsche Telekom Europe: Cosmote flags Greek 5G coverage milestone
Cosmote 5G network reaches 70% population coverage milestone in Greece.
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Premium
DT Q2 FY22 Spend: DT displays inflation levers; more up sleeve
Costs stressed as under control, despite pressure.
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Elsewhere in Europe: T-Mobile Czech Republic rolls out first commercial 5G campus network
IoT innovation at Hrvatski Telekom; OTE to help digitise Cypriot National Health System; Cosmote continues to build adjacencies in shopping and insurance.
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Financial & Performance
Tax and competitive threats cloud Magyar Telekom’s H1
Hungarian telco weathers blow of government’s crisis tax, introduced in June.
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Operations
DT rehouses Russian coders in new Greek IT hub
Group finds new home for 250 staff uprooted by wind-down of Russian IT base.
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Premium
Watchdog greenlights OTE’s free broadband upgrades
National telecoms regulator rejects Vodafone request to stop OTE’s new broadband deals.
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Elsewhere in Deutsche Telekom Europe: OTE raises €150m for Fibre
OTE lands NextGenerationEU loan for fibre; Magyar Telekom responds to inflation with price increases.
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Battle lost against OTE’s free broadband upgrades
National telecoms regulator rejects Vodafone request to stop OTE’s new broadband deals.
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Premium
DT Q1 FY22 Spend: Europe feels heat of rising energy bills
Europe the focus for cost control. Group looking into regional energy supply arrangements. OTE flags expense reduction programme.
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Premium
Elsewhere in Deutsche Telekom Europe: Hrvatski scores on football rights
HT lands football rights; Ciena scores at GTS.
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Financial & Performance
OTE feels heat of rising energy bills
Greek operator sees €10m hike in energy costs during Q1 FY22; another €10m rise expected in Q2.
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Network & Infrastructure
OTE passes 650,000 premises with full fibre
Plan to pass three million premises by 2027 looks on track. Broadband upgrades to premises outside FTTP footprint gather momentum. Rival Vodafone Greece announces “acceleration” of fibre access rollout.
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Premium
Elsewhere in Deutsche Telekom Europe: OTE pitches Romanian Business
T-Mobile Poland signs 15-year PPA with GreenVolt; OTE reportedly seeking to offload Telekom Romania Mobile Communications.
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Strategy & Change
DT’s Greek epic: 50% OTE ownership marker in sight
DT’s stake in Greek incumbent continues to inch upwards. Albeit recently a passive development, driven by OTE corporate treasury activity, the development chimes with numerous recent signals by Group management of its commitment to Greece and willingness to raise investment. DT’s third largest market.
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Premium
Elsewhere in Deutsche Telekom Europe: Recycling on the agenda
Recycling and green initiatives in Croatia and Poland.
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Premium
Elsewhere in Deutsche Telekom Europe: Cosmote signs with BBC
EC intervenes on Czech MVNO regulation; Cosmote signs content agreement with BBC Studios.
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Premium
DT Q4 FY21: Europe spend still on pause despite more decent data
New regional CEO Dominique Leroy kicks off leadership with a full FY of earnings growth. Nonetheless, DT remains unwillingly to up investment in region. Executives give downbeat assessment of regulatory and macro climate. Greece’s OTE and Austria’s Magenta Telekom among top performers.
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M&A
Orange demands part-refund on 2021 Romania buy
Orange seeking a €24m retrospective discount on purchase of OTE’s majority stake in Telekom Romania, completed last year. OTE says it is examining the claim.