The Greek telecoms firm OTE on Thursday announced that it had carried out investments of 800 million euros in 2017, mainly in optical fibres and new generation mobile networks, ANA reports.
In Greece, revenues were down 3.9 pct to 717.3 million euros in Q4’17, as higher revenues from fixed and mobile operations were offset by lower revenues from OTE Globe and the completion of the construction phase of the rural broadband project.
Investment in fibre is paying off, with record VDSL additions in the quarter, and the TV subscriber base continued to grow.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: License: CC-BY-SA
