OTE sees increase in Greek fixed income revenue, driving EBITDA up by 10 pct in H1

EconomyCorporates Tags: Corporates, Results

The Hellenic Telecommunications Organization S.A (OTE Group) has released its H1 2016 results, showing a slight drop in revenues for the first six months of 2016 compared to the same period last year.

Specifically, revenues stood at 1.8 billion euros for H1 2016 compared to 1.9 billion euros in 2015, a drop of 0.6 percent. The majority of the revenues came from Greece, followed by Romania and Albania. On a quarterly basis, revenues came to 954 millio...

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