OTE Third-Quarter Core Earnings Rise 3.1 Percent

Greek telecoms provider OTE posted a 3.1 percent increase in third-quarter adjusted core earnings on Friday, driven by mobile services and fibre broadband growth. The company reaffirmed its full-year guidance for 2026.

Xurve View
Insights:

Hellenic Telecommunication Organization posted a 3.1% rise in third-quarter adjusted core earnings to €371.4M ($414.7M) on Friday morning, driven by mobile service gains and fibre broadband expansion. The Greece-based telecoms provider topped last year's €360.1M result for the July-September period. Mobile service revenue climbed 2.0% to €296M.

Subscriber Growth and Fibre Expansion