OTE Telecom posts 5.9% rise in quarterly profit

Hellenic Telecommunications Organization SA

14/11/2024 08:05

ATHENS, Nov 14 (Reuters) - OTE Telecom  OTEr.AT ,
Greece's biggest telecoms operator, on Thursday posted a 5.9
rise in third-quarter net profit on the back of a growing mobile
business in Greece.
    Majority owned and managed by Deutsche Telekom  DTEGn.DE ,
OTE said net profit came in at 162 million euros ($171.01
million) in the third quarter, up from 153 million in the same
period last year.

($1 = 0.9473 euros)

 (Reporting by Angeliki Koutantou)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))