REG - Hellenic Telecomms - Announcement of Regulated Information

Hellenic Telecommunications Organization SAAnnouncement

16/07/2024 14:15

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RNS Number : 6365W  Hellenic Telecomms Organization S A  16 July 2024

 

                Announcement of Regulated Information

 

Athens, July 16, 2024 - The Hellenic Telecommunications Organization S.A.
("OTE'' or "Company"), following its announcement on 11 March 2024, announces
that OTE and NOVA Telecommunications & Media Single Member S.A. ("the
Parties") have entered in a wholesale agreement regarding the cross-supply of
their sports channels, which so far were offered on an exclusive basis on each
Party's platform.

 

The agreement will enable each of the Parties to offer significantly enhanced
Pay-TV services to Greek consumers, allowing them to access more sports
content in a single subscription.

The initiative offers not only convenience to consumers but also the combined
sports content in an affordable price.

 

The agreement will be an effective policy against piracy, which distorts the
Pay-TV market, the content providers and revenues of the Greek State and is
anticipated to drive the growth of the total Pay-TV market.

 

The announcement is issued as Regulated Information in accordance with the
provisions of Law 3556/2007 [article 3, par. 1 (p), and article 21] and
Regulation 596/2014 (article 17) of the European Parliament and of the Council
on the abuse of the market.

 

 OTE GROUP INVESTOR RELATIONS

 Τel. +30 210-6118190, +30 210-6117364

E-mail:
 iroffice@ote.gr (mailto:iroffice@ote.gr)
 , sziavra@ote.gr eboua@ote.gr

 

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