Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hellenic Telecom Organization SA ( (HLTOY) ) has shared an announcement.
Deutsche Telekom AG has increased its stake in Hellenic Telecommunications Organization S.A. to 54.62%, up from the previous 50.86%. This change in shareholding could strengthen Deutsche Telekom’s influence over OTE S.A., potentially impacting the company’s strategic direction and operational decisions.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE S.A.) operates in the telecommunications industry, providing a range of services including fixed-line and mobile telephony, broadband, and television services. The company primarily focuses on the Greek market but also has operations in other countries.
For a thorough assessment of HLTOY stock, go to TipRanks’ Stock Analysis page.