Deutsche Telekom

OTE Group, the country's biggest telecoms operator, reported a 4.6% rise in first-quarter net profit thanks to cost containment and its growing Greek mobile business.

Net profit came in at 135.3 million euros, up from 129.4 million euros in the first quarter last year.

OTE Group on Monday announced a windfall financial support package worth 6.2 million euros for its workers, in an effort to provide some relief against a backdrop of current economic and geopolitical tensions that have hit consumers' available income.

In an announcement, OTE said the support would help mostly low-income workers, offering net financial support of up to €1,000.

Greece has significant growth potential in various sectors. Tourism, telecommunications, health, energy and education are some of those of greatest interest. But they are not the only ones.

An association of small shareholders has filed a class action lawsuit against Telekom Slovenije, Slovenia’s leading telecommunications provider, over what it argues are unwarranted unilateral price hikes over the past five years. It is planning similar suits against other providers.

The Deutsche Telecom IT hub (DT) in Thessaloniki will be employing over 500 people by 2024, as high-ranking executives of OTE revealed today, on the occasion of the visit of the Minister of Digital Governance, Kyriakos Pierrakakis, to hub facilities.

Ljubljana – The Ministry of Public Administration has chosen telco Telemach as the provider of mobile telephony services, cell phones, and data transfer for the Slovenian public administration in 2022-2025 in a deal worth around EUR 6.6 million.

The number of Türk Telekom's subscribers rose to 51.4 million, while the company revised up its revenue, profit and investment forecasts for 2021, according to the company's third-quarter results announced on Nov. 3.

Türk Telekom, Turkey's prominent telecommunications company, has 14.1 million broadband customers as of the end of September, the statement said.

The alleged wrongdoing went back even further than 2011.

MakTel once dominated the mobile market in North Macedonia, operating since 2001 as a joint venture between the state and Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom. Its only competitor was the far smaller Cosmote network.

Türk Telekom, Turkey's prominent telecommunications company, racked up 15.8 billion Turkish Liras ($1.8 billion) in consolidated revenues in the first half of 2021, posting an annual increase of 19 percent, it said in a press release on Aug. 10.

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On average, the reliable 5G speed was more than 7 times as fast as the 4G speed