Hellenic Telecom Organization S.A. (ADR) ( (HLTOY) ) has released its Q3 earnings. Here is a breakdown of the information Hellenic Telecom Organization S.A. (ADR) presented to its investors.
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Hellenic Telecom Organization S.A. (ADR), known as OTE Group, is Greece’s largest telecommunications provider, offering a comprehensive range of services including fixed-line and mobile telephony, broadband, pay-TV, and ICT solutions. In its latest earnings report for the third quarter of 2025, OTE Group highlighted a successful strategic shift with the disposal of Telekom Romania Mobile, resulting in significant free cash flow savings and an extraordinary dividend for shareholders.
The company’s financial performance in Greece showed positive momentum, with a 5.0% increase in revenues and a 2.0% rise in Adjusted EBITDA (AL). Mobile service revenues grew by 2.7%, supported by a 6.4% increase in post-paid subscribers. Fixed retail service revenues also saw growth, driven by double-digit increases in TV services and a strong expansion in Fiber-To-The-Home (FTTH) customer base, which reached 509,000.
Key financial metrics revealed a 36.0% increase in profit to owners of the parent, with earnings per share rising by 39.5%. Despite a slight decline in EBIT due to higher amortization costs, the company maintained a robust free cash flow of €107.6 million for the quarter. OTE’s strategic focus on expanding its FTTH and 5G networks is evident, with plans to reach 3.5 million homes by 2030 and a continued emphasis on enhancing its mobile network capabilities.
Looking ahead, OTE Group is poised to maintain its market leadership in Greece through ongoing investments in advanced networks and a strong service portfolio. The company expects sustained growth, driven by the uptake of FTTH, the introduction of Fixed Wireless Access (FWA), and the expansion of TV services. OTE remains committed to delivering value to shareholders and customers, with a focus on service excellence and digital transformation.