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Hellenic Telecommunications Organization S.A. (HLTOY) Q1 ...
2026-05-08 · via All Articles on Seeking Alpha

Hellenic Telecommunications Organization S.A. (HLTOY) Q1 2026 Earnings Call May 8, 2026 6:00 AM EDT

Company Participants

Kostas Nebis - CEO, MD & Executive Chairman
Charalampos Mazarakis - Executive Director & CFO of OTE Group

Conference Call Participants

Stamatios Draziotis - Eurobank Equities Investment Firm S.A., Research Division
Ajay Soni - JPMorgan Chase & Co, Research Division
John Karidis - Deutsche Bank AG, Research Division
Ioannis Noikokyrakis

Presentation

Operator

Ladies and gentlemen, thank you for standing by. I am Gaily, your Chorus Call operator. Welcome, and thank you for joining the OTE conference call and live webcast to present and discuss the first quarter 2026 financial results. [Operator Instructions] The conference is being recorded. [Operator Instructions]

At this time, I would like to turn the conference over to Mr. Kostas Nebis, CEO, OTE Group; Mr. Babis Mazarakis, Chief Financial Officer; Mr. Panayiotis Gabrielides, Chief Marketing Officer, Consumer Segment, OTE Group; and Mr. Evrikos Sarsentis, Head of IR and M&A.

Mr. Nebis, you may now proceed.

[Technical Difficulty]

Hello, this is the operator. Sorry to interrupt, we cannot hear you.

Kostas Nebis
CEO, MD & Executive Chairman

Sorry. I'm repeating myself. So warm welcome to everyone, and thank you for joining us today in our first quarterly call for the year. The results that came out today mark a strong start in the year and reflect the solid momentum that we have built alongside our continued focus on disciplined execution and growth acceleration.

Starting with the fixed segment. Our performance continues to deliver positive results. FTTH, TV and fixed wireless access all contributed to growth. We continue to accelerate the transition to the FTTH infrastructure. We achieved another record level of FTTH customer additions despite the absence of coupon support in the market, driven by the ongoing infrastructure expansion, the regulatory framework supporting the stop selling of FTTC services and