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OTE: Profitability Increases Despite Stable Turnover and Jump in ICT Projects

Summary by Business Daily
OTE recorded a 3.1% increase in EBITDA and 7.4% in adjusted profits in the third quarter. ICT revenues in the nine months amounted to 405.7 million euros, and optical fiber subscribers exceeded 730,000.
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Profitability continued to increase, with adjusted EBITDA (AL) at +3.1% in the quarter for 2026 for OTE Group. At the same time, the strong revenue growth of 5% was maintained, excluding the impact of the gradual elimination of international wholesale. Revenue in the third quarter of 2026 amounted to €882.7 million, up 1% year-on-year […] The post OTE Group: 3.1% increase in adjusted EBITDA in the third quarter appeared first on Typologies - all…

With a steady upward trend in profitability, strengthening revenues from mobile and fixed telephony services and accelerating fiber optic penetration,

OTE recorded a 3.1% increase in EBITDA and 7.4% in adjusted profits in the third quarter. ICT revenues in the nine months amounted to 405.7 million euros, and optical fiber subscribers exceeded 730,000.

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Business Daily broke the news on Friday, October 30, 2026.
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