OTE Group

OTE taps markets securing record low interest rate

OTE telecom announced on Wednesday the conclusion on Tuesday of the bookbuilding process for the issuance of a 500 million-euro seven-year bond in international debt capital markets.
The issuance was strongly oversubscribed allowing tight pricing. The coupon was set at 0.875 percent, the lowest ever achieved, OTE stated.

Fraport lands Cosmote services at its airports

Fraport Greece announced on Thursday it has upgraded the 14 regional airports it manages with services provided by leading telecommunications company Cosmote, which it claims substantially contribute to the uninterrupted and secure communications of the airports, the efficiency of the group's operations and optimal service for passengers.

Cosmote offering 51 scholarships for first-year students

Leading telecommunications provider Cosmote on Tuesday announced it is offering 51 scholarships, totaling 770,000 euros, to first-year students in Greece from financially and socially disadvantaged backgrounds for the academic year 2016-17.

Applications can be made at www.cosmote-scholarships.gr until October 17.

Free broadband at top archaeological sites and museums in Greece

OTE Group, in cooperation with the Greek Ministry of Culture and Sports, will offer free wireless broadband (Wi-Fi) services at 20 top archaeological sites and museums in Greece. The goal of this investment exceeding €2 million is to promote the Greek cultural heritage through technology and promote the public’s interaction and connection with the sites.

New satellite access station for European Aviation Network in Greece

The development of the SAS in Nemea, Peloponnese, will be a key infrastructure milestone for EAN, which was unveiled by Inmarsat last month as the first aviation passenger connectivity solution in Europe to combine an advanced satellite network and LTE-based ground network, the latter of which will be operated by Deutsche Telekom.