Hellenic Telecomms Organization S A Announcement of Regulated Information
16 July 2024 - 11:11PM
RNS Regulatory News
RNS Number : 6365W
Hellenic Telecomms Organization S A
16 July 2024
Announcement of Regulated Information
Athens, July 16, 2024
- The Hellenic Telecommunications Organization
S.A. ("OTE'' or "Company"), following its
announcement on 11 March 2024, announces that OTE and NOVA
Telecommunications & Media Single Member S.A. ("the Parties")
have entered in a wholesale agreement regarding the cross-supply of
their sports channels, which so far were offered on an exclusive
basis on each Party's platform.
The agreement will enable each of
the Parties to offer significantly enhanced Pay-TV services to
Greek consumers, allowing them to access more sports content in a
single subscription.
The initiative offers not only
convenience to consumers but also the combined sports content in an
affordable price.
The agreement will be an effective
policy against piracy, which distorts the Pay-TV market, the
content providers and revenues of the Greek State and is
anticipated to drive the growth of the total Pay-TV
market.
The announcement is issued as Regulated Information in
accordance with the provisions of Law 3556/2007 [article 3, par. 1
(p), and article 21] and Regulation 596/2014 (article 17) of the
European Parliament and of the Council on the abuse of the
market.
OTE GROUP INVESTOR
RELATIONS
Τel. +30 210-6118190, +30
210-6117364
E-mail: iroffice@ote.gr, sziavra@ote.gr eboua@ote.gr
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