REG - Hellenic Telecomms - Reclassification
Αthens, May 10, 2012 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider, announces that in its six-months financial report for the period 01/01/2012-30/06/2012 it will reclassify from "Long-term borrowings" into "Short-term portion of long-term borrowings", the remaining portion of its €900 million Revolving Facility due February 2013. As of today, this remaining portion amounts to €595 million.
OTE Group is Greece's leading telecommunications organization and one of the pre-eminent players in Southeastern Europe, providing top-quality products and services to its customers.
Apart from serving as a full service telecommunications group in the Greek telecoms market, OTE Group has also expanded during the last decade its geographical footprint throughout South East Europe, acquiring stakes in the incumbent telecommunications companies of Romania and establishing mobile operations in Albania, Bulgaria and Romania. At present, companies in which OTE Group has an equity interest employ about 28.900 people in four countries, and our portfolio of solutions ranges from fixed and mobile telephony to Internet applications, satellite, maritime communications and consultancy services.
Listed on the Athens Stock Exchange, the company trades under the ticker HTO. Following OTE's delisting from NYSE, OTE ADSs (American Depositary Shares) trade in the OTC (Over The Counter) market under the ticker HLTOY.
Additional Information is also available on:
OTE: Dimitris Tzelepis - Head of Investor Relations
Tel: +30 210 611 1574, Email: email@example.com
Maria Kountouri - Assistant to the Head of Investor Relations
Tel: +30 210 611 5381, Email: firstname.lastname@example.org
Kostas Maselis - Senior Financial Analyst, Investor Relations
Tel: +30 210 611 7593, Email: email@example.com
Sofia Ziavra - Financial Analyst, Investor Relations
Tel: +30 210 611 8190, Email: firstname.lastname@example.org
Christina Hadjigeorgiou - Financial Analyst, Investor Relations
Tel: +30 210 611 1428, Email: email@example.com
Daria Kozanoglou - Senior Communications & Regulatory Affairs Officer,
Tel: +30 210 611 1121, Email: firstname.lastname@example.org
Eftychia Tourna - Communications & Regulatory Affairs Officer, Investor Relations
Tel: +30 210 611 7236, Email:email@example.com
Eleni Agoglossaki - Communications & Regulatory Affairs Officer, Investor Relations
Tel: +30 210 611 7880, Email: firstname.lastname@example.org
This information is provided by RNS