OTE Group TV subscribers up 5,844 in 1Q 2023

ATHENS, Greece — Hellenic Telecommunications Organization SA (ASE: HTO; OTC MARKET: HLTOY), the Greek full-service telecommunications provider, today announced consolidated results (prepared under IFRS) for the first quarter of 2023.

Fixed Segment

OTE’s TV subscriber base reached 649k in the first quarter of 2023, an increase of 1.9% compared to 2022, despite competitive challenges and the persistence of piracy. Consistent with its strategy to invest and offer superior TV content to its customers, the Company leverages its streaming platform and enriched content portfolio.

Operational highlights – Greece – TV subscribers

                   y-o-y   y-o-y     Q1’23
  Q1’23    Q1’22  change    diff  net adds
-------  -------  ------  ------  --------
648,531  636,504   +1.9%  12,027     5,844