The Greek incumbent OTE may delist from the Athens Stock Exchange in 2015.

According to Kathimirini, its head Michalis Tsamaz indicated a few days ago that its parent company OTE could buy an additional 10% stake in the telco.

However, its final decision will depend on the OTE’s stock price.

OTE is one of only three companies listed on the Athens Stock Exchange that are backed by foreign interests and its delisting would deprive the already troubled Greek market of its €4.8 billion capitalisation.

OTE is a key player in its pay-TV industry in both its home market and in neighbouring Romania, where its subsidiary Romtelecom was rebranded Telekom Romania earlier this year.