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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > Hellenic Telecommunications Organization S.A.

Hellenic Telecommunications Organization S.A.
NYSE: OTE
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 PROFILE
Deregulation of European telecommunications markets may lead to quite a Greek drama, but Hellenic Telecommunications (OTE) will keep its monopoly until 2001. OTE operates about 5.6 million access lines and provides local, long-distance, and international phone service in Greece. It offers data carrier services, including leased lines and access to Infonet's data network, and its OTEnet is a leading Greek ISP. Subsidiary Cosmote provides digital wireless service to more than 1 million subscribers on its GSM (global system for mobile communications) network. The specter of competition has OTE investing in telecom operations in Eastern Europe. The Greek government has sold much of OTE but still owns 51% of the company.

 COMPETITION
Equant (ENT)
STET Hellas Telecommunications S.A. (STHLY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,376.00
1-Yr. Sales Growth: 7.3%
Employees: 21,306
Revenue per employee: $158,453.02

 KEY PEOPLE
• Nikolaos Manasis
    CEO
• Dimitris Kouvatsos
    CFO

 CONTACT INFO
99 Kifissias Ave., Maroussi
15181 Athens, Greece
Phone: 30-1-8820-899
Fax: 30-1-6810-899
Online: Web Site

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