DT renews interest in state’s 10% OTE stake

31 Jan 2014

Deutsche Telekom (DT), the owner of a 40% stake in Hellenic Telecommunications Organisation (OTE), has expressed renewed interest in acquiring the 10% stake in the Greek incumbent telco that belongs to the state. Yesterday, the German group’s head Timotheus Hoettges met with Greek prime minister Antonis Samaras and the management of OTE and reportedly told them that a new acquisition would be beneficial to DT, writes Ekathimerini.com. Hoettges informed Samaras about DT’s plans for the development of the OTE group in Greece, and said that ‘OTE constitutes an investment of strategic significance with long-term prospects,’ adding that the Greek firm ‘has achieved its operation transformation into a high-performance company with healthy financial figures and low borrowing.’

Greece,Cosmote, Deutsche Telekom (DT),



Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.