OTE enjoys best quarterly growth in a decade during Q3

EconomyCorporates Tags: Corporates, Results

The Hellenic Telecommunications Organization’s (OTE Group) Q3 results revealed that group revenues rose by 2.7 percent, representing the group’s best quarterly growth in a decade (997.9 million euros in Q3 2016 versus 971.3 million euros in Q3 2015).

On a quarterly basis, EBITDA was down 4.5 percent from 335.3 million euros in Q3 2015 to 320.3 million euros in Q3 2016. On a 9-month basis, EBITDA rose 4.5 percent from 890.5 million euros in Q3 2015 to 930.8 million euros in Q3 2016.

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