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==Subsidiaries== |
==Subsidiaries== |
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OTE is in possession of various daughter-companies, including [[Cosmote]], [[Otenet]] and [[OTEGlobe]] which offer mobile, ISP and Internet backbone services respectively. |
OTE is in possession of various daughter-companies, including [[Cosmote]], [[Otenet]] and [[OTEGlobe]] which offer mobile, ISP and Internet backbone services respectively. The quality of Otenet's services has often been described as 'inadequate'. Especially the poor performance of their networks on Greece's many small islands has drawn considerable criticism.<ref>Athens News, february 2006</ref><ref>Athens News, june 2007</ref><ref>Athens News, january 2008</ref> |
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== Other == |
== Other == |
Revision as of 20:33, 14 April 2009
File:OTE logo.png | |
Company type | Public (NYSE: OTE) |
---|---|
Industry | Telecommunications |
Founded | 1949 |
Headquarters | Athens, Greece |
Area served | Greece, Southeast Europe. |
Key people | Panayis Vourloumis (CEO) |
Products | Telephony |
Revenue | €5.891 billion[1] |
€2.167 billion[2] | |
84,000,000 Euro (2016) ![]() | |
Total assets | 7,571,600,000 Euro (2016) ![]() |
Number of employees | 11,720 [3] |
Subsidiaries | Cosmote, Otenet, OTEGlobe |
Website | http://www.ote.gr/ |
OTE (NYSE: OTE) is the national telecommunications provider of Greece.
Standing for Hellenic Telecommunication Organization (Οργανισμός Τηλεπικοινωνιών Ελλάδος), OTE is the incumbent telecommunications operator of Greece.
History
OTE was created in 1949 to bring several related public and private enterprises under one telecommunications umbrella. Prior to this, telephony, telegraphy, local and international connections were fragmented and ill coordinated.
Up to 1998, the telecommunications market in Greece was a monopoly. The market was opened to competitors and OTE was gradually privatized. As a result, the Greek government currently holds 28% of the company's stock. Along with the rest of the telecoms market, OTE is regulated by the National Telecommunications and Post Commission (Εθνική Επιτροπή Τηλεπικοινωνιών και Ταχυδρομείων - EETT).
In 2007 Marfin Investment Group acquired 20% of the company, and in March 2008 sold it to German Deutsche Telekom which holds 25% plus one vote now.[4]
Services
The company covers the whole country with PSTN and ISDN telephone lines and also offers ADSL in most urban areas.[citation needed] OTE is a group of companies owning, besides the OTE fixed-line company, an ISP (Otenet), a mobile phone company (Cosmote) and other companies including OTE International Investments which in its turn owns telcos in Southeastern Europe (Bulgaria, Republic of Macedonia, Romania, Serbia, etc.). On November 3, 2006 OTE sold its 90% stake in the Armenian telecom provider ArmenTel to a Russian company OJSC Vimpel-Communications.[citation needed] OTE also runs a TETRA network.
Subsidiaries
OTE is in possession of various daughter-companies, including Cosmote, Otenet and OTEGlobe which offer mobile, ISP and Internet backbone services respectively. The quality of Otenet's services has often been described as 'inadequate'. Especially the poor performance of their networks on Greece's many small islands has drawn considerable criticism.[5][6][7]
Other
Area codes can be seen at List of dialing codes in Greece
References
- ^ "2006 Annual Report" (PDF). OTE.gr. 2007. Retrieved 2007-07-26.
- ^ "2006 Annual Report" (PDF). OTE.gr. 2007. Retrieved 2007-07-26.
- ^ "OTE Factsheet" (PDF). OTE.gr. 2007. Retrieved 2007-07-26.
{{cite web}}
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ignored (help) - ^ http://www.telekom.com/dtag/cms/content/dt/en/572260
- ^ Athens News, february 2006
- ^ Athens News, june 2007
- ^ Athens News, january 2008
External links
![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/0f/Athens-Kiffisia-aerial.jpg/250px-Athens-Kiffisia-aerial.jpg)