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Company Information

  Company Name OTE <br>(Hellenic Telecommunication Organization)
  Company Type public utility
  Foundation 1949
  Location Athens, Greece
  Key People Panayis Vourloumis (CEO)
  Area Served Greece, South East Europe
  Industry Telecoms
  Products Telephony
  Revenue €5891 billion 1
  Operating Income €2167 billion 2
  Num Employees 11,720 3
  Homepage http://wwwotegr/


OTE () is the national Telecommunications provider of Greece .



Standing for Hellenic Telecommunication Organization ('''Ο'''ργανισμός '''Τ'''ηλεπικοινωνιών '''Ε'''λλάδος), OTE is the incumbent telecommunications operator of Greece .

OTE was created in 1949 to bring several related public and private enterprises under one telecommunications umbrella. Prior to this, telephony, telegraphy, local and international connections were fragmented and ill coordinated.

Up to 1998, the telecommunications market in Greece was a monopoly. The market was opened to competitors and OTE was gradually privatized. As a result, the Greek government currently holds under 50% of the company's stock. Along with the rest of the telecoms market, OTE is regulated by the National Telecommunications and Post Commission (Εθνική Επιτροπή Τηλεπικοινωνιών και Ταχυδρομείων - EETT).

The company covers the whole country with digital PSTN and ISDN Telephone lines and also offers (low-bandwidth) ADSL in all urban areas. OTE is a group of companies owning, besides the OTE fixed-line company, an ISP ( Otenet ), a mobile phone company ( Cosmote ) and many other companies including OTE International Investments which in its turn owns lots of telcos in Southeastern Europe ( Bulgaria , the F.Y.R.O.M. , Romania , Serbia , etc.). On November 3 , 2006 OTE sold its 90% stake in the Armenian telecom provider ArmenTel to a Russian company OJSC Vimpel-Communications . OTE also runs a TETRA network.


OTHER


Area codes can be seen at List Of Dialing Codes In Greece


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