- Business
- Hellenic Telecommunications Organization S.A. (OTE) is the leading telecommunications provider in Greece, operating in fixed-line and mobile telephony, broadband internet services, pay television, and integrated information and communications technology (ICT) solutions. The company offers fixed-line telephony; mobile telephony under the COSMOTE brand; high-speed broadband services including Fiber to the Home (FTTH); pay-TV; data communications and leased line services; satellite and maritime communications; and digital multimedia services. OTE serves residential, business, public sector, and industrial customers primarily in Greece, with operations also extending into Southeast Europe. Founded in 1949 and headquartered in Athens, OTE is a member of the Deutsche Telekom Group.
Recent significant corporate developments include a strategic memorandum of understanding with LAMDA Development's subsidiary Hellinikon S.A. to provide advanced telecommunications infrastructure and services for the Ellinikon Project, Europe's first fully planned smart city, offering fixed and mobile telecom plans, pay-TV, and ICT solutions to residents and businesses. The company continues to invest heavily in its network infrastructure, aiming to pass approximately 2.1 million homes and businesses with FTTH by the end of 2025 and expanding its 5G Stand-Alone (5G SA) network coverage, which reached 99% population coverage in 2024, with about 60% covered by upgraded 5G+ technology to provide faster speeds, lower latency, and improved reliability. Additionally, OTE executed a share buyback program in late November 2025, acquiring 52,213 own shares, reflecting confidence in its strategic growth and capital structure management.
OTE is focused on transforming Greece into a leading digital economy in Europe, emphasizing investment in network infrastructure, superior customer experience, and digital service innovation. The company employs over 30,000 people across Greece and other Southeast European countries, maintaining a portfolio that includes satellite communications, real estate, and professional training services alongside its core telecommunications operations. OTE is listed on the Athens and London stock exchanges and remains committed to strengthening its market leadership and expanding its digital ecosystem for both consumer and enterprise clients.