The Hellenic Telecommunications Organization SA (OTE SA), announces that it has decided to adopt a set of specific measures, effective immediately, aiming to reduce the operating costs of the Company and to ensure its viability.
These measures, made necessary by tough market conditions as well as the financial results for the year 2010, will enable OTE to:
- face stiffer competition and regulatory challenges,
- slow down the pace of revenue decline,
- invest in the overall customer experience,
- invest in new-generation networks and new technologies.