Thursday, February 26

Greece’s OTE quarterly earnings rise 2.3% on mobile


Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Published by Global Banking & Finance Review®

Posted on February 26, 2026

2 min read

Last updated: February 26, 2026

The image shows the aftermath of an Israeli airstrike in Gaza that claimed the lives of Al Jazeera journalists, including Anas Al Sharif. This tragic event highlights the ongoing conflict and its impact on press freedom.
Scene depicting the aftermath of an Israeli airstrike that killed Al Jazeera journalists in Gaza - Global Banking & Finance Review

Drivers of OTE’s Q4 Performance

Feb 26 (Reuters) – Greece’s biggest telecoms operator OTE posted on Thursday a 2.3% rise in adjusted core earnings in the fourth quarter, supported by accelerating mobile growth and record demand for fibre-to-the-home connections.

Adjusted EBITDA and Revenue Mix

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 351.1 million euros ($414.68 million), compared with 343.1 million the previous year.

Mobile Growth and Subscriber Adds

Mobile service revenues accelerated, rising 5.2% in the quarter, with a record 60,000 post-paid additions. FTTH connections surged to 567,000, with 58,000 new additions, as OTE continued its fibre rollout, now reaching 2.1 million homes.

2026 Outlook and Guidance

The group said it expects to accelerate its EBITDA growth to around 3% in 2026, supported by continued investment in fibre expansion, the rollout of 5G Stand-Alone services, and strong demand for digital transformation projects.

Dividend and Buyback Breakdown

Shareholder Returns Plan

OTE also proposed a total shareholder payout of 532 million euros for 2026, including a dividend of 0.8777 euros per share and a 177 million euro share buyback programme, reflecting 100% of its 2025 free cash flow.

Forex Reference Rate

($1 = 0.8467 euros)

(Reporting by Antonis Pothitos; Editing by Louise Heavens)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *