Hellenic Telecommunications Organization S.A. (HTO) Earnings Call Transcripts

Hellenic Telecommunications Organization S.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Hellenic Telecommunications Organization S.A. (OTE) reported total revenues of €1.3 billion, reflecting a 4.9% year-over-year increase, driven by strong mobile and fixed segment performance. Adjusted net profit was €154 million, slightly down from €162 million in the previous year, primarily due to higher income tax. Management maintained its full-year guidance, expecting continued growth in both mobile service revenues and overall EBITDA, signaling confidence in the company's strategic initiatives and market position.

Reported metrics

Guidance from management

Management maintained its full-year guidance, expecting continued growth in mobile service revenues and overall EBITDA growth of around 3% for 2026.

What management said

Yes. Out of the total number which, as we reported, grew 40%, System Solutions contributed the most of it. And so from the remaining part, what accounts for the biggest part of the increase is the accounting recognition of the UFBB execution via our build-out of the subsidized program in the semi-rural, urban areas. And these ones are booked both due to the complexity of accounting for subsidized implementation, ac...

As I said before, John, I mean, whenever we are missing some specific capabilities that T-Systems can complement, we are making the most of it and vice versa. So we work collaboratively in order to increase our footprint, I would say.

What analysts pressed on

Analysts expressed concerns regarding the potential impact of competitive pressures on revenue growth, particularly in the fixed retail segment. There were also questions about the sustainability of mobile growth rates and the effects of regulatory changes in the market.

Main topics on the call

• Strong FTTH Growth — OTE achieved record FTTH net additions exceeding 58,000 in Q1 2026, contributing to a total of 625,000 FTTH customers, representing 26% of the broadband base. CEO Kostas Nebis noted, "This strong momentum... translated i...
• Mobile Segment Performance — Mobile service revenues grew by 5.5%, supported by strong postpaid customer growth and successful migration from prepaid. CFO Babis Mazarakis highlighted, "The postpaid segment continued to expand with strong net additio...
• Robust TV Business — The TV segment reported nearly 10% revenue growth, with subscriber base increasing by over 8% year-on-year. Mazarakis stated, "Customer additions were more than double compared to Q1 last year, driven by our strategic pa...
• System Solutions Growth — System Solutions revenues surged by 76% year-on-year, reflecting strong demand for digitalization projects. Mazarakis noted, "Total other revenues rose by 40% in the quarter, driven by System Solutions, which recorded a ...

Read the full Hellenic Telecommunications Organization S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 51 Hellenic Telecommunications Organization S.A. earnings call transcripts on record, spanning February 19, 2020 to July 29, 2026. Based on this history, Hellenic Telecommunications Organization S.A. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HTO

Exchange

ATSE

Country

GR

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

51

First call

February 19, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly