Hellenic Telecommunication Organization SA (OTCPK:HLTOY)
$ 7.3 -0.12 (-1.62%) Market Cap: 6.08 Bil Enterprise Value: 6.56 Bil PE Ratio: 10.25 PB Ratio: 3.31 GF Score: 81/100

Q2 2023 Hellenic Telecommunications Organization SA Earnings Call Transcript

Aug 03, 2023 / 02:00PM GMT
Release Date Price: $7.86 (-2.61%)
Operator

Ladies and gentlemen, thank you for standing by. I am Geilis, your Chorus Call operator. Welcome, and thank you for joining the OTE conference call and live webcast to present and discuss the second quarter 2023 financial results. (Operator Instructions) Conference is being recorded. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Michael Tsamaz Chairman and CEO; Mr. Babis Mazarakis, Chief Financial Officer; and Mr. Evrikos Sarsentis, Head of IR and M&A. Mr. Tsamaz, you may proceed.

Michael Tsamaz
Hellenic Telecommunications Organization S.A. - Chairman, CEO & MD

Good morning or good afternoon to all of you. This morning, we reported a solid second quarter in line with our expectations, conserving our steady growth as we adapt successfully to the new competitive challenges in the big market. Grid service revenues, including retail fixed data communications and mobile were roughly unchanged in the quarter, an improvement compared to the past 2 quarters. This reflects continued growth in mobile from both

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