Cosmote / OTE, also known as OTE Group of Companies, is a publicly owned entity headquartered in Greece. Founded in 1949 and a subsidiary of Deutsche Telekom, the company employs approximately 5780 individuals and reported $3.9B in revenue as of 2024. The company primarily operates within the telecoms sector, offering a range of services that include fixed-line and mobile telephony, broadband services, pay-TV, and integrated ICT solutions. OTE Group also engages in maritime communications and real estate, and provides the payzy by COSMOTE electronic transactions and payments service, the BOX online food delivery service, and the COSMOTE Insurance digital platform for comparison and purchase of insurance. Internationally, the Group maintains operations in the mobile telecommunications market of Romania.

2025 Revenue

Founded

1949

Headcount

5,780

Headquarters

Greece

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On June 14, 2026, OTE Group confirmed its full transition from the Cosmote commercial name to the Telekom brand, expected to be completed by autumn 2026. Chairman and CEO Kostas Nebis announced the corporate transformation at the company's Annual General Meeting on June 10, representing the final phase of a branding transition initiated in April 2025 with a temporary dual identity. Previously, on May 8, the company presented its first quarter 2026 results, reporting a 4.9% increase in revenue. This growth stemmed from robust infrastructure expansion and digital transformation initiatives, with its fixed segment delivering strong results, including record FTTH customer additions despite the absence of coupon support. Earlier in the year, on March 11, OTE Headquarters received LEED Platinum certification, marking it as the largest office building in Greece with this distinction.

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Cosmote / OTE offers 7 products in the media and telecoms services and connectivity and cloud industries. Cosmote / OTE's product portfolio comprises of media and TV services, telecoms, consumer electronics, broadcast television and radio and enterprise connectivity services.
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Cosmote / OTE's revenues were $3.9B in 2024. Caretta Research has split Cosmote / OTE's revenue into 8 different product categories, the largest of which is mobile services, which represents 23% of Cosmote / OTE's revenue.
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Examples of Cosmote / OTE's suppliers include Google, Oracle and Vantiva.

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Cosmote / OTE currently holds 58 broadcasting rights for sports competitions including futsal, tennis, padel and pickleball, american football, volleyball, soccer | association football, motorsports, beach soccer, ice hockey, sports sublicensing, basketball and handball.

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