Friday, January 31, 2014

Prime Minister Antonis Samaras met with the new head of Deutsche Telekom group Timotheus Hottges, Hellenic Telecommunications Organization (OTE) chairman & CEO Michael Chamaz and Deutsche Telekom Management Board member for Europe and Technology Claudia Nemat, on January 30. The premier was briefed on the development strategy implemented by the DT group and on the € 1.2 billion investments planned to be made in Greece in the next four years.

The meeting also focused on the successful transformation of OTE from a former state monopoly into a high performance competitive company; they also discussed the 1,000 new jobs created in a period of 12 months. 

Referring to the tangible confidence in the Greek economy displayed by an international giant like DT in a period when great emphasis is being given to the country's efforts for economic growth, the premier said that “"nvestments like those made by DT and OTE take the country to the future by creating the necessary infrastructures for the new digital era."

On his part, Hottges said that OTE is a long-term strategic investment and expressed DT’s renewed interest in acquiring the 10% stake of OTE that belongs to the Greek state. He added that Hellenic Telecommunications Organization (OTE) has been successfully transformed into a high performance company with healthy finances and the ability to create new jobs.