Name: OTE (Hellenic Telecommunications Organization)
Established: 1949
Business description: ΟΤΕ ιs Greece's leading telecommunications operator, providing fixed-line services (broadband and traditional fixed line services) to Greek and foreign businesses and consumers. The Group also offers mobile telephony in Greece and abroad.
Chairman & CEO: Mr. Michael Tsamaz
OTE Shares: Number of shares in issue: 490,150,389 (30/9/2011)
Share Capital: €1,171.5 mn
Listings: ASE, LSE. Following OTE’s delisting from the NYSE, OTE’s ADSs (American Depositary Shares) trade in the OTC (Over the Counter) market under the ticker HLTOY through the Level I ADSs program.
Shareholder structure:
(30/9/2011)
- Hellenic Republic: 10,0%
- Deutsche Telekom: 40,0%
- International Institutional Shareholders: 29,5%
- Greek Institutional Shareholders: 10,7%
- Rest Shareholders: 9,8%
Date of Last General Assembly: December 6, 2011
Board of Directors:
| Name | Position | Capacity | Expiry |
| Michael Tsamaz | Chairman / CEO | Executive | 2012 |
| Dimitris Tzouganatos | Vice-Chairman | Non-Executive / | 2012 |
| Klaus Müller | Director | Non-Executive | 2012 |
| Claudia Nemat | Director | Non-Executive | 2012 |
| Kevin Copp | Director | Executive | 2012 |
| Stathis Anestis | Director | Non-Executive | 2012 |
| Nikolaos Karamouzis | Director | Non-Executive | 2012 |
| Michail Bletsas | Director | Non-Executive / Independent | 2012 |
| Vassilis Fourlis | Director | Non-Executive / Independent | 2012 |
| Panagiotis Tabourlos | Director | Non-Executive / Independent | 2012 |
| Timotheus Höttges | Director | Non-Executive | 2015 |
Key Financial and Operational Highlights:
OTE GROUP
| IFRS - in € mn | Q3 2011 | Q2 2011 |
| Revenues | 1.312,5 | 1.254,9 |
| EBITDA | 464,3 | 396,9 |
| Pro Forma EBITDA | 468,4 | 406,9 |
| Operating Income | 207,0 | 131,3 |
| Net Income / (loss) | 104,4 | 62,2 |
| CAPEX | 171,0 | 136,4 |
| Gross Debt | 5.187,9 | 5.007,5 |
| Cash and cash equivalents | 1.072,0 | 867,4 |
| Equity | 1.910,2 | 1.660,8 |
| Access Lines | ||
| PSTN and ISDN Lines (in 000) | Q3 2011 | Q2 2011 |
| OTE SA | 3.547.553 | 3.650,5 |
| ROMTELECOM | 2.527.181 | 2.558,7 |
| ADSL Subscribers of OTE SA - Greece | 1.142.011 | 1.151,3 |
| Unbundled local loops(ULL) | 1.575.721 | 1.524,4 |
Mobile Customers | ||
| Cosmote Subscribers | 7.873.218 | 7.733 |
| AMC - Albania | 1.819.692 | 1.912 |
| Globul - Bulgaria | 4.165.597 | 4.035 |
| Cosmote Romania | 6.540.235 | |
| Employees | ||
| OTE SA -Greece | 10.742 | 10.826 |
| Cosmote Group | 8.674 | 2.122 |
| RomTelecom | 7.421 | 7.733 |
Revenue Breakdown by Segment (Q3 2011*)
* Revenues net of adjustments & eliminations
Key Financial and Operational Highlights
key Financial and Operational Highlights according ti US GAAP:
