OTE

Hellenic Telecommunications Organization S.A.
Company typePublic subsidiary
AthexHTO
LSEOTES
IndustryTelecommunications
PredecessorA.E.T.E.
Founded23 October 1949 (1949-10-23)
HeadquartersKifisias Avenue 99, Marousi, Athens, Greece
Area served
Balkans
Key people
Konstantinos Nembis (Chairman & CEO)
ProductsFixedline telephony
Mobile Telephony
Broadband internet
Digital television
Fiber-optic communication
IT Services
Revenue€3.468,9 million (2023)
€715.7 million (2023)
€531.7 million (2023)
Total assets€92.6 million (2023)
Total equity€1.943,8 million (2023)
OwnerDeutsche Telekom (55.6%)
Government of Greece (1.2%)
EFKA (6.8%)
Public float (36.4%)
Number of employees
10,500 (2021)
SubsidiariesGermanos
OTE Plc
Websitewww.cosmote.gr/static/otegroup/en/corp_homepage

Hellenic Telecommunications Organization S.A. (OTE Group) is the largest telecommunications and IT company in Greece and a subsidiary of Germany-based Deutsche Telekom. It is also one of the three largest companies listed in the Athens Stock Exchange, according to market capitalization.

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.

Since July 2009 Deutsche Telekom is the largest shareholder of the company.