OTE


OTE launches TV everywhere service, secures Bundesliga rights

Deutsche Telekom-owned Greek pay TV operator OTE last week launched a new TV everywhere service, OTE Go, making content available on smartphones and tablets.  The service includes OTE Replay TV catch-up content and OTE Cinema On Demand. The service has been launched as a pilot to 50,000 subscribers, allowing them to install the app in […]

Forthnet in talks to secure new finance

Greek pay TV operator Forthnet is considering issuing a €100 million convertible bond and is in talks with banks, according to CEO Panos Papadopoulis. Papadopoulis told local media that the operator, which runs the Nova TV service, had submitted all necessary information and was awaiting a decision. The company’s net debt stood at €324 million […]

VDSL push boosts TV growth for Deutsche Telekom

Deutsche Telekom saw strong growth for its domestic Entertain TV service in the fourth quarter and also saw a solid performance from TV in its other European markets in 2014.  Deutsche Telekom had 2.442 million IPTV and satellite TV customers in Germany at the end of the year, up 65,000 quarter-on-quarter and up 12.2% year-on-year. […]

OTE chooses Eutelsat for broadband, targets TV bundling

Greek telco OTE has chosen Eutelsat’s Ka-Sat Ka-band satellite to extend broadband availability across the country. The OTE Satellite Internet Service, delivering download speeds of up to 22Mbps and upload speeds of up to 6Mbps, will offer services across Greece. The service is available through OTE Group’s retail stores, requires a small satellite dish and […]

OTE to raise €700 million from bond

Deutsche Telekom-backed Greek telco OTE is raising €700 million after successfully concluding the bookbuilding process for a six-year fixed-rate bond.  OTE said the bond, which pays a coupon of 3.5% per annum, was oversubscribed, with demand exceeding €2.5 billion. OTE said the funds would be used to achieve a further reduction in the cost of […]

OTE takes on Vodafone for control of Greece’s Nova TV

Deutsche Telekom-backed Greek telecom operator OTE has made a non-binding offer to media group Forthnet for the acquisition of local pay TV provider Nova TV. OTE is offering between €250-300 million on a debt and cash-free basis for Nova TV. Any deal will be subject to regulatory clearance. The move comes after OTE’s rival Vodafone […]

Motorvision HD secures carriage in CEE

Germany-based motorsports channel Motorvision HD has expanded its reach into Greece, Slovenia and Romania. In Greece the channel has secured carriage on the OTE TV platform, available in English with Greek subtitles. In Romania the channel is available on the Orange TV service as part of its Universal HD package, while in Slovenia it has […]

Greece’s OTE more than doubles TV subscribers

Greek telco OTE reported strong TV growth in Q2, recording a 129.2% year-on-year increase in IPTV and satellite subscribers in its home market.  OTE recorded 174,964 Greek TV subscribers in the quarter, up from 76,345 for the same period last year and an increase of 26,000 compared with Q1. “All of the increase has been […]

Telenor acquires Bulgarian mobile operator Globul

Nordic telco Telenor is moving into Bulgaria after agreeing to buy Greek telecoms operator OTE’s Bulgarian unit, Globul, for €717 million on a cash and debt-free basis. The deal also includes telecom retailer Germanos Bulgaria, which is operationally integrated with Globul, and marks Telenor’s latest move in the Central and Eastern Europe market, where it […]

History HD launches in Greece

History HD is to launch in Greece for the first time following a deal between A+E Networks UK and Greek pay TV operator OTE TV. The channel will be available via satellite and IPTV. Tom Davidson, managing director at A+E Networks UK, said: “Greece is a country with a rich and fascinating history so there […]