OTE third-quar­ter core profit grows

Kathimerini English - - Focus -

Greece’s big­gest tele­coms op­er­a­tor OTE posted yes­ter­day a 4.7 per­cent rise in third-quar­ter core profit thanks to a grow­ing re­tail fixed and mo­bile busi­ness in its home mar­ket. The for­mer na­tional mo­nop­oly, which is 45 per­cent owned and man­aged by Ger­many’s Deutsche Telekom, re­ported earn­ings be­fore in­ter­est, tax, de­pre­ci­a­tion and amor­ti­za­tion (EBITDA) of 365.2 mil­lion eu­ros

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