Solid year for Greece’s OTE
FEBRUARY 24, 2022 12.27 EUROPE/LONDON BY CHRIS DZIADUL

Superior sports content was a driver in OTE’s TV business in 2021.

According to the Greek telco, its TV subscribers total reached 624,195 at the end of the year, or 8.5% more than 12 months earlier.

In Q4 alone, Cosmote TV gained an additional 24,000 subscribers.

OTE Group had total revenues of €3,368.3 million in 2021, or 3.4% more than a year earlier.

Its adjusted EBITDA was €1,295.9 million (+5.9%) and adjusted profit €492.4 million (+19.8%).