Hellenic Telecommunication Organization SA (LTS:0FIZ)
€ 11.5 0 (0%) Market Cap: 6.09 Bil Enterprise Value: 6.53 Bil PE Ratio: 11.52 PB Ratio: 3.35 GF Score: 68/100
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Q3 2019 Hellenic Telecommunications Organization SA Earnings Call Transcript

Nov 07, 2019 / 03:00PM GMT
Release Date Price: €11.5
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the OTE Conference Call on the Third Quarter 2019 Financial Results under IFRS. We have with us Mr. Michael Tsamaz, Chairman and CEO; Mr. Babis Mazarakis, Chief Financial Officer; Mr. Panayiotis Gabrielides, Chief Marketing Officer, Consumer segment; and Mr. Evrikos Sarsentis, Head of IR and M&A. (Operator Instructions) I must advise you that this conference call is being recorded today. We now pass the floor to Mr. Michael Tsamaz. Please go ahead, sir.

Michael Tsamaz
Hellenic Telecommunications Organization S.A. - Chairman, CEO & MD

Good morning, and good afternoon to everyone. Welcome to our third quarter earnings call. We had another very solid quarter, building on the trends of the first half and even intensifying them in certain areas. In Greece, retail revenues, which are the indicator we follow closely, increased in both fixed and mobile. The number of broadband subscribers was up 6% compared to a year ago, but even more importantly, fiber subscribers were up 44% and moving close to

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