Hellenic Telecommunications Organization S.A. (OTCPK:HLTOY) Q4 2024 Earnings Conference Call February 26, 2025 6:00 AM ET
Company Participants
Kostas Nebis – CEO
Babis Mazarakis – CFO
Conference Call Participants
John Karidis – Deutsche Numis
Maurice Patrick – Barclays
Ajay Soni – JPMorgan
Vasilis Kollias – Pantelakis Securities
Osman Memisoglu – AMBROSIA CAPITAL
Operator
Ladies and gentlemen, thank you for standing by. I am Yota, your Chorus Call operator. Welcome, and thank you for joining the OTE conference call and live webcast to present and discuss the fourth quarter and full year 2024 financial results. [Operator Instructions] The conference is being recorded. [Operator Instructions]
At this time, I would like to turn the conference over to Mr. Kostas Nebis, CEO, OTE Group; Mr. Babis Mazarakis, Chief Financial Officer; Mr. Panayiotis Gabrielides, Chief Marketing Officer, Consumer segment, OTE Group; and Mr. Evrikos Sarsentis, Head of IR and M&A.
Mr. Nebis, you may now proceed.
Kostas Nebis
Thank you. So good morning or good afternoon to all. I’m pleased to be here with you today, and welcome you to OTE’s Fourth Quarter and Full Year 2024 Results Call.
2024 has been a strong year for OTE marked by solid operational performance. We delivered on our strategic goals, reinforcing our leadership in the Greek telco market with sustained revenue growth and higher adjusted EBITDA after leases in Greece throughout the year and actually a slight acceleration in the fourth quarter.
Once again, we fully strengthened our network leadership, significantly enhancing the customer experience while our fiber-to-the-home or 5G network remains on track. Recently, we were the first in Greece to launch FWA services based on 5G stand-alone network slicing capabilities.
In mobile, we maintain our network leadership with 99% 5G coverage, making us one of only 3 global networks certified as Best in Test for 10 consecutive
Read the full article here
