OTE announced on Wednesday an increase of 7.0 pct in group revenue in the fourth quarter of 2019 and an increase of 9.4 pct in adjusted EBITDA, driven by performance both in Greece and in Romania, ANA reports.
In Greece, total revenues rose 2.6 pct to reach 755.5 million euros in Q4’19. Retail fixed service revenues grew by 1.4 pct, fueled by another sharp increase from broadband. Wholesale revenues were up 3.8 pct in the quarter due to the growth in fiber adoption by other operators.
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
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