NEWS

COSMOTE and OTEGLOBE are increasing their backbone networks’ capacity in order to continue supporting seamless broadband data traffic inside and outside Greece, in spite of the constant increase resulting mainly from the development of FTTH and 5G technologies. The networks’ upgrade is being achieved by increasing the communication speed between IP routers[1] in OTE and OTEGLOBE networks from 100Gbps to 400Gbps. This is the first use of this technology in Greece and will optimize users’ connectivity experience.
 

Durable performance was recorded by OTEGLOBE, despite the pandemic, according to the company’s 2020 financial results. 

OTEGLOBE has won the Best Eastern European/CIS Wholesale Carrier award at the Global Carrier Awards 2020 for the fourth time and third time in a row. This award is an acknowledgment of OTEGLOBE’s thoroughly planned and executed strategy, which  has led to the company’s continuous growth over the past 13 years.

High performance was recorded by OTEGLOBE, according to its 2019 financial results.

OTEGLOBE won for the third time and second time in a row the Best Eastern European/CIS Wholesale Carrier award at the Global Carrier Awards 2019 that took place in London on Wednesday, 30 October. This award is an acknowledgement of OTEGLOBE’s thoroughly planned and executed strategy, which lead to the company’s continuous growth over the past 12 years.

High performance was recorded by OTEGLOBE, according to its 2018 financial results.

OTEGLOBE won for the second time the Best Eastern European/CIS Wholesale Carrier award at the Global Carrier Awards 2018 that took place in London on Wednesday, 24 October. This award is an acknowledgement of OTEGLOBE’s thoroughly planned and executed strategy, which lead to the company’s continuous growth over the past 12 years.

High performance was recorded by OTEGLOBE, according to its 2017 financial results.

The company’s revenues remained high in 2017, reaching €333,5 mn and recording a slight decrease of 2% from 2016. The impact of the price decrease in international wholesale on OTEGLOBE’s revenues, was counterbalanced by the revenue increase in international capacity services, which was a result of the company’s previous years’ investments and the maintenance of high revenues in international voice services.

OTEGLOBE won the Best European Project award at the Global Carrier Awards 2017 that took place in London on Wednesday, 25 October.

This award was given to OTEGLOBE for the re-design and transformation of its backbone network with the acquisition of thousands of km of new dark fiber routes across Europe.

Till now the company operated two fully protected, optical, terrestrial backbone networks, namely TBN & GWEN stretching from Greece to W. Europe through the Balkans and Italy respectively.

An agreement between OTEGLOBE and Hutchison Global Communications Limited (HGC), the fixed-line arm of Hutchison Telecommunications Hong Kong Holdings Limited, was signed on 15 May 2017 in Chicago, during the “International Telecoms Week” Meeting.

OTEGLOBE records growth once again, according to its 2016 financial results.

OTEGLOBE’s revenues reached €340,8 mn presenting an increase of 8% compared to 2015. Since 2007, the company has increased its revenues by 106% (from €165,1 mn to €340,8 mn), by recording a year-to-year revenues’ increase. It should be noted that 80% of the 2016 total revenues come from international customers.

OTEGLOBE won the “Best Eastern European Wholesale Carrier” and “Best Customer Testimony” awards, at the “Global Carriers Awards 2016”.

OTEGLOBE announces that Asia Africa Europe -1 (AAE-1) subsea cable system has successfully landed at OTE’s international Chania landing station, in the island of Crete in Greece. All shore end works at Chania have been successfully completed and Greece is now officially connected to AAE-1 cable system.

OTEGLOBE records growth once again, according to its 2015 financial results.

OTEGLOBE’s revenues reached €315.7 mn presenting an increase of 10% Vs 2014. Since 2007, the company has increased its revenues by 91% (from €165,1 mn to €315,7 mn), by recording a year-to-year revenues increase. 80% of the 2015 total revenues come from international customers.

OTEGLOBE recorded growth according to its 2013 financial results, despite the unstable macroeconomic environment in Greece and the other regions that the company operates.

OTEGLOBE’s revenues reached € 282,2 mn presenting an increase of 6% from 2012. Since 2007, the company has increased its revenues by 70% (from €165,1 mn in 2007 to €282,2 mn in 2013), by recording a year-to-year revenues increase. The 80% of the 2013 total revenues comes from international customers.

Seventeen of the world’s most prominent telecom service providers, among them OTEGLOBE, are joining force to construct a new and unique high capacity cable system, Asia Africa Europe-1 (AAE-1).

The AAE-1 submarine cable spanning approximately 25,000 km, will be one of the first unique cable systems connecting Hong Kong, Singapore, Middle East, Africa and Europe and providing an alternative low latency route between Far East and Europe. Its completion will provide additional protection and diversity to the existing heavily congested cable systems.

Sunnyvale, CA and Athens, Greece – March 18th, 2013 - OTEGLOBE, the leading international telecommunications provider in Greece and the Balkans and Infinera, (NASDAQ: INFN), a leading provider of Digital Optical Networks, completed the upgrade of OTEGLOBE’s international TransBalkan Network (TBN) by deploying 500 Gigabit per second (Gb/s) super channels with the Infinera DTN-X platform. The Infinera DTN-X platform is deployed in OTEGLOBE's TransBalkan network which stretches from Greece to Germany across more than 8,000 km and is designed to offer multi-Terabits of capacity.

OTEGLOBE, the international wholesale company of OTE Group, recorded important growth in 2012, based on the company’s financial statements, despite the unstable national and international macroeconomic environment.

The special “Judges Award” was awarded to OTEGLOBE at the International “Capacity Awards 2012” competition. The “Capacity Awards” is the most distinguished competition of the international wholesale Telecommunications Market and has been organized for the past 8 years by the well-respected British media organization “Capacity Media”.

OTEGLOBE has been ranked among the 6 leading companies in Greece with continuously increasing EBITDA profitability from 2007 until 2011, according to the annual guide «Business Leaders in Greece 2011» of ICAP. ICAP Group is one of the most successful and well-recognized regional Business Services Groups in South Eastern Europe with prime focus in Finance http://www.icap.gr/Default.aspx?id=0&nt=0&lang=2

Libyan International Telecommunications Company (LITC) and OTEGLOBE announce the restart of works on the construction of Silphium, the new submarine fiber-optic cable in the Mediterranean.

The cable that the two companies had announced initially on June 2010, had temporarily been postponed due to the turmoil in Libya. Silphium will connect Libya with Greece and the connectivity will be performed through the landing facilities of the Chania International Cable Station in Crete, Greece, and the landing facilities of Derna in Libya.

OTEGLOBE, the international wholesale company of OTE Group, recorded important growth in 2011, based on the company’s financial statements.

OTEGLOBE’s revenue reached € 265.489.000, recording a 12% increase from 2010, while EBITDA was increased by more than 38% The past 5 years, OTEGLOBE increased its revenue by 60% and EBITDA by 109% and established its position as a reliable partner in the int’l wholesale telecoms market of the broader Balkans, N. Africa & Middle East regions.

Mobile TeleSystems OJSC (MTS – NYSE: MBT), Russia's and CIS' largest mobile operator, and OTEGLOBE S.A., the leading telecommunications provider in Greece and the Balkans, connected their networks in a purpose of international traffic exchange.

Turk Telekom, the Turkish incumbent, more than doubled the capacity provided by OTEGLOBE, the international wholesale arm of OTE Group (the Greek incumbent), for satisfying its increasing needs for connectivity to the International Internet Exchanges.

More specifically from around 100Gbps that OTEGLOBE provided to Turk Telekom, the capacity is upgraded to 250Gbps through its international fiber optic private networks TBN & GWEN, which interconnect Greece with Europe through the Balkans and Italy accordingly.

OTEGLOBE, the international Telecommunications arm of OTE Group Greece, recorded important growth in 2010, based on the company’s financial statements.

OTEGLOBE’s revenue reached € 237.644.000, recording a 17% increase from 2009, while EBIT was increased for more than 8%. It should be mentioned that this increase in OTEGLOBE’s financial figures was recorder regardless of the difficult domestic financial circumstances, as the company has been established as an important int’l carrier with 70% of its revenue coming from the markets of SE Europe, Middle East & Africa.

OTEGLOBE has been included in the “Strongest Companies in Greece” community, based on the ICAP Rating Score. This acknowledgement certifies that OTEGLOBE belongs to the group of companies with very low credit risk.

Responding to the latest developments of the international telecommunications wholesale market, OTEGLOBE introduces IPv6 (Internet Protocol Version 6) technology in its PanEuropean IP network. The company therefore becomes one of the first int’l internet carriers in Greece fully supporting IPv6 technology and is ready to proceed with the smooth transition from IPv4 to IPv6.

Libyan International Telecommunications Company (“LITC”) and OTEGLOBE have announced a partnership to collaborate on the development of new and diverse connectivity from North Africa to the global internet hubs. The collaboration includes both the construction of a submarine fiber optic cable across the Mediterranean and onward terrestrial bandwidth over multiple routes on the OTEGLOBE network.

OTEGLOBE, the international wholesale carrier of the Greek incumbent OTE and MTN Cyprus, a member of MTN Group with corporate presence in 21 countries and over 103 million customers around the world, have announced their agreement for the provisioning of international VPN Services in the Cypriot corporate market.

The agreement concerns the provisioning of integrated interconnection solutions with major business hubs outside Cyprus to MTN’s Corporate Customers, by capitalizing on OTEGLOBE’s international extensive optical Networks across Europe.

OTEGLOBE, the international wholesale carrier of OTE Group of Companies, has signed a deal with Albtelecom, Albania’s incumbent operator, to offer Internet Transit services. With this agreement OTEGLOBE will serve a significant portion of Albtelecom’s rapidly developing internet needs.

OTEGLOBE introduces Softswitch technology in its IP/MPLS Network (MSP Platform), enabling the provisioning of Int’l VoIP at optimum quality. VoIP therefore, features a reliable, alternative choice to the traditional TDM networks for voice connectivity, as it combines the benefits of IP Telephony with the quality of TDM Network.

OTEGLOBE announces the launch of its new Transbalkan Network (TBN). TBN is OTEGLOBE’s second, multi-wavelength, fiber optic network, and constitutes a strategic investment which underlies OTEGLOBE’s commitment to efficiently covering the constantly increasing broadband needs of Southern-Eastern Europe.

OTEGlobe announces that according to its BoD decision, Mr. Dinos Andreou is appointed as OTEGlobe’s new CEO, replacing Mr. Michael Tsamaz who recently assumed duties of Deputy CEO at Cosmote S.A., OTE Group’s mobile telecommunications company. Mr. Michael Tsamaz maintains his position as the Chairman of OTEGlobe’s BoD.

OTEGlobe announces Mr. Michael Tsamaz as the new Managing Director. According to its Board of Directors’ decision, Mr. Michael Tsamaz, OTEGlobe’s Chairman of the Board of Directors, is additionally the new Managing Director replacing Mr. Anastasios Angeloglou.

Mr. Tsamaz has extensive experience in telecom and other business sectors, having held senior management positions for significant multinational firms. He joined OTE Group in October 2001 and has been CEO of OTE Investment Services (former OTE International) since May 2004.

Athens, July 11 2005– OTEGlobe and DANTE (Delivery of Advanced Network Technology to Europe Ltd) announced today the signing of a deal to deliver connectivity and bandwidth services in Europe and the S.E. Mediterranean region.

With this agreement OTEGlobe strengthens its long partnership alliance with DANTE, a “Not for Profit” organization, which plans, builds and operates state-of-the-art technology networks and networking services on behalf of the European academic and research community.

Athens, July 7 2005 – OTEGlobe has signed a deal with Turk Telekom (Turkish Telecommunications Authority) to link the neighboring country with Western Europe and the US. This is the second agreement between the two companies, under which OTEGlobe will provide 20Gbps bandwidth capacity (8xSTM-16), and extent the current international bandwidth supply to Turk Telekom up to 25 Gpbs (10xSTM16).

It is one of the biggest European telecommunications projects and certainly the biggest project in terms of both telecom infrastructure and value for the broader region.

Athens- May 20, 2004- OTEGlobe, OTE´s wholly owned subsidiary for carrier’s carrier voice and international wholesale data business, and Telefonica Int’l Wholesale Services global provider of international wholesale services within the Telefonica Group, are announcing today their agreement to collaborate at a strategic level, starting with a number of international wholesale voice opportunities.

Athens, May 14, 2004 – OTEGlobe signed 16 new interconnection services contracts with major foreign companies for the “Athens 2004” Olympic Games TV-signal transmission. More specifically, OTEGlobe has undertaken projects concerning the interconnection of 11 countries from 4 different continents to Greece for the radio-TV coverage of the Olympic Games that will take place this summer in our country.

Athens, April 14, 2004 – Optimistic 2003 financial results for OTEGlobe More specifically, the consolidated operating revenues amounted to €53,7 million for the year 2003 showing an increase of 8% in comparison to those of 2002 despite the decreasing service price rates due to increased competition.

A partnership has been established between the European wholesale carrier TeliaSonera International Carrier and OTEGlobe, the international carrier business area of the Greek incumbent, in order to offer competitive IP, data, voice and transport services to the major operators and carriers in South-East Europe, Middle East and Far East.

Athens, 18 February 2004 – OTEGlobe and SingTel (Singapore Telecommunications Ltd) today announced a strategic business partnership, which enables both carriers to collaborate in the area of international telecommunications. OTEGlobe is the wholly owned subsidiary for the international voice and data business of OTE, the leading telecoms operator in Greece.

Athens November 28th, 2003 – OTEGlobe and CallSat Telecom jointly participated in Cybit 2003, the technological exhibition, which took place in Nicosia from November 19th till November 23rd.

During the exhibition, the visitors had the opportunity to familiarize with and to be informed, by specialized executives of both companies, about innovative telecommunication services of high quality and security that perfectly match the modern company’s needs satisfying all qualitative and quantitative indexes.

OTEGlobe is appointed to undertake a major project, coordinated by ΕΔΕΤ – GRNET and funded by the Information Society Technologies (IST) European Union Fund to interconnect all National Research & Educational Network (NREN) - participants of the SEEREN Program

The project with a value of 1 million euros and a one-year duration has been assigned to OTEGlobe, since the company is in the unique position to be able to deliver a complete, integrated and state-of-the art solution for the project implementation.

Nicosia May 30th, 2003 - The launching of the partnership between Callsat (Cyprus) and OTEGlobe (Greece) took place today at the Hilton Hotel. Members of the executive management of the two companies attended the event, as well as representatives of the Cypriot government, telecommunications experts and numerous guests.

The launching of the partnership between N.T.C. ROMTELECOM S.A. and OTEGlobe (Greece) took place today at the Bucharest Marriott Grand Hotel. Members of the executive management of the two companies attended the event, as well as representatives of the Romanian Parliament and Government, diplomats, telecommunications experts and numerous guests.

On the occasion of the presentation of OTE Group’s new subsidiary company, OTEGlobe, the President and Managing Director of OTE, Mr. Nikos Manasis, and the Managing Director of OTEGlobe, Mr. Anastasios Aggeloglou, announced the creation of a major international traffic telecom hub (telephony, data, internet) in Thessaloniki.

It is a project aiming at the complete satisfaction of telecom needs noted in the wider area, since –according to Mrsrs N. Manasis and A. Aggeloglou- the following are provided for:

OTEGlobe is the Gold Sponsor of the ‘Strategic’s 2nd Southeastern Europe Telecoms Forum 2001 ’ to be held at the Divani Caravel Hotel, 22-23 October. The object of the conference is: “Visions for the new Telecommunications Era – Telecommunications in search of new Direction”.

On Thursday, 3rd May 2001, at Aigli Zappeiou, the OTE Group Chairman and CEO, Mr. Nikos Manassis and the OTEGlobe CEO, Mr. Anastasios Angeloglou presented OTEGlobe, the new OTE Group subsidiary.

The new company is an entirely OTE subsidiary, with the corporate name “OTE International Solutions S.A.” and trade name “OTEGlobe”.

The OTEGlobe Board of Directors comprises the following members: N. Manassis, Chairman, A. Angeloglou, CEO, G. Argyropoulos, Vice-President, A. Gitzenis, Member, P. Kargados, Member