Hellenic Telecommunications Organization S.A. Earnings Recaps
Q2 2026
Jul 31, 2026
OTE’s stock rose modestly by 1.6% post-earnings, reflecting steady execution across core segments but without clear upside surprises that would drive stronger investor enthusiasm.
Key takeaways
- Revenue growth sustained, excluding the impact from winding down the low-margin international wholesale business.
- EBITDA accelerated slightly, supported by core business performance and ongoing business model transformation.
- Fixed segment remained resilient amid competitive pressures with record-high FTTH customer additions and expanding fiber availability inclusive of rural areas.
- Mobile business continued positive momentum, highlighted by record postpaid net additions in 17 years and rising ARPU driven by data-centric plans.
- ICT and system solutions achieved double-digit growth but management cautioned on tougher comps and the end of a COVID-era deployment cycle in H2.