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Athens Macedonian News Agency: News in English, 13-08-14

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] OTE posts strong results for second quarter of 2013

  • [01] OTE posts strong results for second quarter of 2013

    ANA-MPA -- An increase of the Group EBITDA margin to 35.1 percent, the smallest revenue drop since Q2 2010, and a decrease of total operating expenses by 10.2 percent were among the results announced by the Hellenic Telecommunications Organisation (OTE) on Thursday for the quarter and six months ending June 30, 2013.

    Commenting on OTE's performance in the second quarter, Michael Tsamaz, Chairman & CEO, noted: "With the sale of Globul and incremental refinancing, we are in the best financial shape we have been in years, and have the resources we need to focus on our business and invest in the solutions our clients want and deserve."


    Athens News Agency: News in English Directory - Previous Article - Next Article
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