Greece's OTE Telecom's adjusted core earnings rise in Q4 on Greek operations

Hellenic Telecommunications Organization SA

26/02/2025 08:40

Feb 26 (Reuters) - OTE Telecom, Greece's biggest telecoms operator, posted on Wednesday a 1% rise in adjusted core earnings in the fourth quarter driven by growth in its Greek mobile operations as well as lower personnel and maintenance costs in Greece.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the fourth quarter came in at 344.5 million euros ($361.76 million), compared to 341.1 million the previous year.

($1 = 0.9523 euros)

 (Reporting by Antonis Pothitos; Editing by Peter Graff)

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