{"id":282,"date":"2024-11-15T15:43:23","date_gmt":"2024-11-15T15:43:23","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2024\/11\/15\/ote-bets-on-fast-fiber-to-drive-growth\/"},"modified":"2024-11-15T15:43:23","modified_gmt":"2024-11-15T15:43:23","slug":"ote-bets-on-fast-fiber-to-drive-growth","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2024\/11\/15\/ote-bets-on-fast-fiber-to-drive-growth\/","title":{"rendered":"OTE bets on fast fiber to drive growth"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1253615\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cosmotehq-320x200.jpg?v=1612111614\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cosmotehq.jpg?v=1612111614\" alt=\"OTE bets on fast fiber to drive growth\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cosmotehq-960x600.jpg?v=1612111614\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Telecoms firm OTE posted slightly higher revenue in the third quarter of 2024, while operating earnings dropped slightly from the same period in 2023. In the first nine months of the year, both revenue and operating profits were up, the company announced Thursday.<\/p>\n<p>Third-quarter revenue rose 1.8%, to \u20ac897.2 million euros, from the same period in 2023, while earnings before interest, taxes, depreciation and amortization dropped 0.7%, to \u20ac350.1 million. Over the first nine months of the year, they rose 5.8%, to \u20ac2.51 billion, and 0.1%, to \u20ac1 billion, respectively.<\/p>\n<p>\u201cWe aim to rank among Europe\u2019s top performing digital telecommunications operators, elevating Greece to the forefront of digitalization in Europe,\u201d OTE Chairman and CEO Kostas Nebis told a call with analysts.<\/p>\n<p>OTE estimates for higher growth ahead rest on the success of the voucher program for Gigabit fiber-to-the-home (FTTH) connections, record additions of TV subscribers (up 24,000 to 710,000) thanks to the sports content-sharing deal with Novasports, and continued investment in optical fiber.<\/p>\n<p>Nine-month net profit reached \u20ac414.3 million, up 4.3%.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1253615\/ote-bets-on-fast-fiber-to-drive-growth\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecoms firm OTE posted slightly higher revenue in the third quarter of 2024, while operating earnings dropped slightly from the same period in 2023. In the first nine months of the year, both revenue and operating profits were up, the company announced Thursday. Third-quarter revenue rose 1.8%, to \u20ac897.2 million euros, from the same period &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"OTE bets on fast fiber to drive growth\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2024\/11\/15\/ote-bets-on-fast-fiber-to-drive-growth\/#more-282\" aria-label=\"Read more about OTE bets on fast fiber to drive growth\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cosmotehq-960x600.jpg?v=1612111614","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=282"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/283"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}