Deutsche Telekom
OTE Telecom second quarter profit up as Greek economy recovers
Greece's biggest telecoms operator OTE posted a 1.7 percent rise in second-quarter core profit on Thursday as a recovery in its home market helped offset poor performance at its Romanian operations.
OTE resumes dividend payment after four years
Greece's telecoms operator OTE said on Thursday it will resume dividend payment after four years after its fixed-line business at home stabilised for the first time in seven years.
The company, which is 40 percent owned by Deutsche Telekom, posted a 2.8 percent drop in fourth-quarter core profit, mainly hurt by lower revenues in Romania.
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