Greece's OTE quarterly earnings rise 2.3% on mobile and home fibre broadband growth (updated)

Hellenic Telecommunications Organization SA

26/02/2026 08:54

Adds details in paragraph 3, outlook in paragraph 4, dividend in paragraph 5

Feb 26 (Reuters) - Greece's biggest telecoms operator OTE OTEr.AT posted on Thursday a 2.3% rise in adjusted core earnings in the fourth quarter, supported by accelerating mobile growth and record demand for fibre-to-the-home connections.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 351.1 million euros ($414.68 million), compared with 343.1 million the previous year.

Mobile service revenues accelerated, rising 5.2% in the quarter, with a record 60,000 post-paid additions. FTTH connections surged to 567,000, with 58,000 new additions, as OTE continued its fibre rollout, now reaching 2.1 million homes.

The group said it expects to accelerate its EBITDA growth to around 3% in 2026, supported by continued investment in fibre expansion, the rollout of 5G Stand-Alone services, and strong demand for digital transformation projects.

OTE also proposed a total shareholder payout of 532 million euros for 2026, including a dividend of 0.8777 euros per share and a 177 million euro share buyback programme, reflecting 100% of its 2025 free cash flow.

($1 = 0.8467 euros)

 (Reporting by Antonis Pothitos; Editing by Louise Heavens)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))