OTE Archives - Keep Talking Greece

Deutsche Telekom to buy additional 5% stake in Greece’s OTE Telecom

March 21, 2018 Economy Comments Off on Deutsche Telekom to buy additional 5% stake in Greece’s OTE Telecom

Deutsche Telekom will acquire a 5% stake in OTE, Greece’s biggest telecommunications operator, the Greek privatization fund said on Wednesday. The German telecommunications company already owns a 40% stake in OTE, Greece’s former national monopoly. Last month Greece launched a tender to sell a 5% stake in OTE as part …

Greece opened tender for 5% sale of telecom giant OTE

February 15, 2018 Economy Comments Off on Greece opened tender for 5% sale of telecom giant OTE

The Hellenic Privatization Fund (HRADF) announced an international tender for the sale of 24.5 million ordinary shares by telecom giant OTE, which represent 5% of the company’s capital. Athens expects bids from interested investors by March 15, 2018, it is clear from a news release on the Fund’s website. The …

Lenders’ Water Torture: Two Privatization issues delay Greece’s Program Review & bailout tranche

June 7, 2016 Economy Comments Off on Lenders’ Water Torture: Two Privatization issues delay Greece’s Program Review & bailout tranche

Greece and lenders are just a couple of steps away to conclude the Greek Program Review and have the 7.5-billion euro bailout tranche arrive in Athens and from there have 90% of the loan turn back to lenders. The Euro Working Group did not close the Review yesterday, Monday, but …

64 suspects to stand trial for SIEMENS/OTE €70m bribes scandal; among them 13 Germans

March 9, 2015 Politics 12

Ten years after the discovery of the scandal and judges have finally took the decision to refer 64 suspects to stand trial over bribes paid by German giant SIEMENS to secure a public contract. Among the 64 suspects are 13 German nationals, executives of the parent company. According to the …

More than 18,000 candidates for 390 job vacancies at €580 gross

December 12, 2013 Society 7

More than 18,000 candidates sent their CVs to OTE after Greece’s biggest Telecommunication Company announced 390 job vacancies for salespersons. What if the salary is the minimum wage of just 580 euro gross per month. i.e. some 480 euro net. With more than 1,3 million people without job, unemployment rate …

While Greek Telephone Company Gives People’s Data to Marketing Companies, in Germany They Hefty Debate About It

July 10, 2012 Very Mix 17

I got a phone call this morning. A friendly woman’s voice was informing me that I had won a vacation package by a tour operation “XY-whatever”. When I asked her where did she get my phone number and how comes that I win a vacation package, she told me “it …

Is Greece’s Odious Debt growing? Comverse Technology – OTE

April 12, 2011 Economy, Politics Comments Off on Is Greece’s Odious Debt growing? Comverse Technology – OTE

Feeling like reading about another alleged bribes scandal? Bloomberg has it. And Yes, it involves another state company. The Hellenic Telecommunications Organization OTE. According to Bloomberg, it involves the New York-based Comverse Technology, a voice-mail software maker, currently under investigation for Foreign Corrupt Practices Act by the US Justice Department. The …

Tag Archives: OTE