The OTE Group offers mobile telephony services to customers in Greece and Southeast Europe, through its 100% subsidiary Cosmote and its subsidiaries in Albania (AMC), in Bulgaria (Globul), and in Romania (Cosmote Romania).

ΟΤΕ Mobile subscribers (000)

Germanos S.A.
At the end of 2006, Cosmote acquired GERMANOS S.A. With 830 approximately stores, and presence in three South-Eastern European countries, Greece, Bulgaria and Romania, Germanos boasts the leading telecommunications distribution network in the region. The company’s two primary operations comprise the chain of stores and the consumer goods distribution network. The company’s consumer goods distribution network is one of the largest in Greece and Romania, with a market share that exceeds 30%.

Cosmote provides the following products and services:

Contract Services	Providing a variety of choices based on the monthly fee and the free time offered
Programs for Free-Lancers	Offering free calls to a number of pre-selected mobile phones
Cosmote@Home	A fixed-line telephone number and attractive tariffs for calls from home, for residential customers
Cosmote@Office	A fixed-line telephone number and attractive tariffs for for for calls from the office, for business customers
Cosmote FREEZE	Call charges freeze between the 3rd and the 30th minute
OnePhone Service	Offering the same call charges for fixed and mobile numbers. Calls originate from within the user’s home-zone
Kartosimvolaio	A cost-control plan with a monthly fee that varies according to the number of calls and the total services provided
Prepaid Services (COSMOKARTA & WHAT’S UP & Frog & CIAO)	Reduced tariffs for WHAT’S UP subscribers and successful take up of Frog services across SE Europe in Bulgaria. CIAO addreesses foreign speaking customers
Package of free sms & mms	Offering varying charges, depending on the number of free messages provided
Cosmote Smart Play	Four choices of communication combining calls to mobile or fixed numbers as well as Internet services
COSMOTE to Fixed service	Offers free calls to all national fixed telephony numbers. Free calls’ duration depends on the monthly fee
Cosmote multi programms	Combining free messages and pre-selected calling time
COSMOTE to International service	Reduced tariffs for international calls and free calls to pre-selected countries
Family Package	Offering pre-selected, free calling time for communication between the members of a family
Roaming Services	GPRS and 3G Roaming services for contract subscribers Virtual Home Environment (VHE) service for foreign networks’ subscribers (using Cosmote’s network), providing access to home short codes
Cosmote Internet on the Go  service	High speed Internet access, fast multimedia communication and e-mailing.

In response to its business customers’ needs, Cosmote offers:

1. New contract programs
2. Microsoft e-mail service
3. VPN SMS service
4. International calls service
5. Mobile broadband HSDPA services at speeds of 1.8 Mbps, 3.6 Mbps, and at 384 Kbps access speed, through its extensive 3G network in Greece

The OTE Group has also presence in countries of Southeastern Europe through its subsidiaries, as follows:

AMC (Albania)
The OTE Group is present in Albania since 1996, through its subsidiary, AMC. Until August 2001, AMC was the sole mobile operator in the country. Today the company holds the leading position, in a market with three mobile operators. The company operates a 2G network based on the GSM 900 and DCS 1800

frequency bands, offering a significant geographical and population coverage. Pre-paid customers account for the majority of the total mobile market, as well as AMC’s subscriber base. As of December 2007, AMC offers WHAT’S UP services, which are widely popular amongst younger people. In 2008 the company launched a new pre-paid program, ΑΜCKarta and the AMC Flaxy service.

GLOBUL (Bulgaria)
In Bulgaria, Cosmote’s subsidiary, Globul, ranks second in terms of total subscribers. Globul owns one of the country’s three mobile telephony licenses and also one of the three 3G network (UMTS) licenses, as well as one fixed-line telephony license. Globul operates a 2G (GSM), a 2.5G (GPRS) and a 3G (UMTS, HSDPA) network. Globul’s 2G network covered almost the total of the population and geographical area, whereas its 3G network covers almost half of the population. During the period of 2007-2008 Globul launched the Globul Office Zone product (an integrated solution that allows for fixed and mobile telephony services through a single handset), Blackberry services and the Frog pre-paid telephony service, which addresses a specific market segment, interested in basic mobile telephony services at attractive rates , Talk to me”, “Notify about Me”.

Cosmote Romania (Romania)
Cosmote Romania, the third largest mobile GSM operator in Romania was established by RomTelecom in January 1999. On July 2005, Cosmote acquired 70% of the share capital of the company and changed its commercial name to Cosmote Romania. Cosmote Romania’s telecommunication network operates in the EGSM 900 and GSM 1800 frequency bands. The company continues to invest heavily in expanding, upgrading and increasing the capacity of its telecommunications network. Cosmote Romania offers a wide range of competitive packages, offering low rates for pre-paid users for on-net calls and attractive tariff plans for contract subscribers. Furthermore, Cosmote offers attractive packages that combine voice and SMS services both to contract subscribers and pre-paid users. In 2008 the company launched a new contract program, “All Inclusive” with free time for national, international calls and on-net communication and messaging.

Zapp (Romania)
Zapp was the first mobile operator of the Romanian market. The company launched
commercial operations in 1993. Today, it holds a CDMA license in the 450 MHz band
and a 3G license at 2100 MHz. Its 3G network currently covers 23 Romanian cities.