Hellenic Telecommunications Organization S.A. (OTCPK:HLTOY) Q1 2025 Earnings Call May 14, 2025 6:00 AM ET
Company Participants
Kostas Nebis – Chief Executive Officer
Babis Mazarakis – Chief Financial Officer
Conference Call Participants
Stamatios Draziotis – Eurobank Equities
John Karidis – Deutsche Bank
Operator
Ladies and gentlemen, thank you for standing by. I am Yota, your Chorus Call operator. Welcome and thank you for joining the OTE conference call and live webcast to present and discuss the First Quarter 2025 Financial Results. [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.
Kostas Nebis
Thank you and good morning or good afternoon to all of you. Thank you for joining us today for OTE’s first quarter results for 2025. I’m pleased to report that we have made a solid start to the year 2025. Our first quarter results reflect the positive momentum we have been building as our strategy unfolds, and we focus on accelerating our growth. In our home market in Greece, both revenues and EBITDA, both showed increases year-over-year with positive contribution across our core segments: Mobile, TV, Broadband and ICT. We are particularly encouraged by the sustained momentum in our Mobile business. We continue to strengthen our market leadership, supported by solid trends in service revenues and postpaid customer growth. Our prepaid customers offer a substantial pool that we can grow from. At the same time, our efforts to enhance the prepaid offering are supporting the ARPU and long-term growth in the Mobile business.
In our Fixed Retail business, there are encouraging signs of stabilization this quarter after
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