Deutsche Telekom is represented in the Greek market by the OTE Group, the largest technology company in Greece.
In 2022, the OTE Group employed 11,020 people in Greece. Under the unified commercial brand COSMOTE and its key message “a better world, for all”, the OTE Group offers a wide range of services: fixed-line and mobile telephony, broadband services, pay-TV and integrated ICT solutions. The Group is also active in maritime communications and real-estate, as well as in e-payments, online food delivery and the digital insurance market. Abroad, the Group operates in the mobile telecommunications market of Romania.
Consumers and business customers
OTE Group invests heavily in New Generation Networks, creating infrastructure that boosts the Greek economy and creates growth potential.
OTE Group owns the largest FTTH fiber optic network in Greece, COSMOTE Fiber, maintaining strong leadership in population coverage, having installed over 80 percent of the country's total FTTH lines.
The Group has announced an increase of investments exceeding three billion euro, for the development of its fiber-to-the-home network, thus realizing the largest telecommunications investment made in Greece in the last decades. Having deployed its FTTH infrastructure to an additional 350,000 homes in 2022, OTE’s FTTH footprint reached almost 1 million homes passed as of year-end. OTE plans to continue speeding up FTTH deployment to reach approximately 1.4 million homes by the end of 2023 and three million households and businesses by 2027, thus covering nearly 2/3 of the lines in Greece.
In mobile telephony COSMOTE was the first mobile operator in Greece to launch 5G services. Today, the COSMOTE 5G coverage is exceeding 80 percent. The Company plans to reach 5G population coverage of approximately 90 percent by the end of 2023.
OTE Group’s pay TV service, COSMOTE TV, is available via streaming (Over the Top) and Satellite. As a fully blown broadcasting unit, it offers premium content through more than 90 channels, of which 20 are produced by COSMOTE TV (CINEMA, SPORT, HISTORY). Overall, COSMOTE TV has more than 643,000 subscribers, holding the leading position in the Greek pay TV market.
OTE Group acts as a major Systems Integrator for businesses and the public sector in Greece and the EU, providing state-of-the-art technology solutions in the fields of Digital and Cloud Transformation, cyber security, Internet of Things, health, tourism and energy.
Sustainable Growth
OTE Group capitalizes on the potential of technology with the aim of creating a better world for all. Sustainability is integrated into the Group’s business strategy and operations as a key priority. The Group’s Sustainability strategy is fully aligned with that of the Deutsche Telekom Group, focusing on four priorities: Climate Neutrality, Circular Economy throughout the Value Chain, Inclusion and Equal Opportunities at Work, and Digital Society for all.
OTE Group’s social contribution is particularly important, exceeding 40 million euro over the past 10 years. The Scholarship Program and the creation of Trauma Centers in Greek hospitals stand out among others.
Outlook
To consolidate its market leadership and further heighten its competitive advantage, OTE intends to pursue its investment strategy, with particular focus on its FTTH infrastructure, 5G network, and digitalization of all customer touchpoints. In addition, OTE will continue to expand in adjacent services complementing its offering and leveraging its brand image and customer relationships, notably the Payzy payment platform launched in late 2022 and the Box food delivery service. The Group also anticipates growing its ICT business in the coming years, supported by the ongoing deployment of the Recovery and Resilience Plan.
