Finance
Greece's Ote Quarterly Earnings Rise 2.3% on Mobile and Home Fibre Broadband Growth
Published by Global Banking & Finance Review®
Posted on February 26, 2026
2 min readLast updated: April 2, 2026
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Quick Summary
OTE’s Q4 adjusted EBITDA rose 2.3% to €351.1m, driven by 5.2% mobile revenue growth and record FTTH demand. Connections hit 567k as rollout reached 2.1m homes. Guidance targets ~3% EBITDA growth in 2026 and a €532m payout.
Greece’s OTE Q4 earnings rise 2.3% on mobile gains and FTTH demand
Drivers of OTE’s Q4 Performance
Feb 26 (Reuters) - Greece's biggest telecoms operator OTE posted on Thursday a 2.3% rise in adjusted core earnings in the fourth quarter, supported by accelerating mobile growth and record demand for fibre-to-the-home connections.
Adjusted EBITDA and Revenue Mix
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 351.1 million euros ($414.68 million), compared with 343.1 million the previous year.
Mobile Growth and Subscriber Adds
Mobile service revenues accelerated, rising 5.2% in the quarter, with a record 60,000 post-paid additions. FTTH connections surged to 567,000, with 58,000 new additions, as OTE continued its fibre rollout, now reaching 2.1 million homes.
2026 Outlook and Guidance
The group said it expects to accelerate its EBITDA growth to around 3% in 2026, supported by continued investment in fibre expansion, the rollout of 5G Stand-Alone services, and strong demand for digital transformation projects.
Dividend and Buyback Breakdown
Shareholder Returns Plan
OTE also proposed a total shareholder payout of 532 million euros for 2026, including a dividend of 0.8777 euros per share and a 177 million euro share buyback programme, reflecting 100% of its 2025 free cash flow.
Forex Reference Rate
($1 = 0.8467 euros)
(Reporting by Antonis Pothitos; Editing by Louise Heavens)
Key Takeaways
- •Adjusted EBITDA (AL) rose 2.3% in Q4 to €351.1 million year over year.
- •Mobile service revenue grew 5.2% with a record 60,000 post‑paid additions.
- •FTTH connections reached 567,000 after 58,000 quarterly additions; rollout covers 2.1 million homes.
- •OTE guides to around 3% EBITDA growth in 2026, supported by fibre expansion, 5G SA and ICT demand.
- •Proposed 2026 shareholder payout totals €532m: €0.8777 dividend per share and €177m buyback, equal to 100% of 2025 FCF.
References
Frequently Asked Questions about Greece's OTE quarterly earnings rise 2.3% on mobile and home fibre broadband growth
1What is the main topic?
OTE reported a 2.3% year‑on‑year rise in Q4 adjusted EBITDA, driven by stronger mobile revenues and record fibre‑to‑the‑home (FTTH) adoption.
2What fueled the earnings growth?
Mobile service revenues rose 5.2% with a record 60,000 post‑paid additions, while FTTH connections climbed to 567,000 as the fibre rollout reached 2.1 million homes.
3What guidance did OTE provide for 2026?
Management expects adjusted EBITDA growth of around 3% in 2026, supported by continued fibre expansion, 5G Stand‑Alone rollout, and solid ICT demand.
4What shareholder returns were proposed?
OTE proposed a total 2026 payout of €532 million, including a €0.8777 per share dividend and a €177 million share buyback, representing 100% of 2025 free cash flow.
