Economy

Deutsche Telekom: Denies the rumors about the sale of OTE

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“The reputation is completely unfounded. OTE’s operational performance is excellent and the investment in Greece is of strategic importance,” says Deutsche Telekom

Deutsche Telekom denies the recent rumors of an intention to sell its stake in OTE.

In particular, Deutsche Telekom responds with today’s statement to the rumors about the intention to sell OTE, stating that the rumor is completely unfounded and that OTE’s operational performance is excellent and the investment in Greece is of strategic importance.

In detail, the Telecommunications Organization of Greece S.A. (“OTE S.A.” or “Company”) announces that, following relevant publications, it received the following statement from the shareholder DEUTSCHE TELEKOM AG (DT) on 09/02/2023:

“This rumor is completely unfounded. OTE’s operational performance is excellent. The management is doing a very good job. “Deutsche Telekom has emphasized many times in the last months that its investment in Greece is of strategic importance.”

RES-EMP

newsOTESkai.gr

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