**Summary of OTE Groups Q2 2025 Financial Results**
OTE Group, a leading telecommunications provider in Greece and Romania, reported its Q2 2025 financial results, showcasing steady growth and strategic progress. Here are the key highlights
**Financial Performance**
* **Revenue Growth**Total revenues increased by 0.3% year-over-year to €913.3 million, driven by a 1.1% growth in Greek operations, which offset continued pressure in Romanian operations.
* **Adjusted EBITDA (AL)**Adjusted EBITDA (After Lease) grew by 0.6% to €328.6 million, with a 2.0% increase in Greek operations.
* **Profitability**Profit to owners of the parent decreased by 35.7% to €81.0 million, primarily due to a €40.0 million write-down related to Telekom Romania Mobile. Adjusted profit to owners of the parent decreased by 7.9% to €129.4 million.
**Operational Highlights**
* **Greece**
+ Revenues grew by 1.1%driven by mobileTVbroadbandand ICT services.
+ FTTH (Fiber-To-The-Home) customer base expanded to 470,000, with record additions of 40,000.
+ Mobile performance accelerated, with service revenues up 3.2% and post-paid subscribers increasing by 5.8%.
* **Romania**
+ Telekom Romania Mobile disposal approved by Romanian Competition Authority, expected to close within Q3 2025.
+ Revenues decreased by 7.9% due to continued pressure in the postpaid segment.
**Strategic Initiatives**
* **FTTH Expansion**OTE remains on track to extend its FTTH coverage to 2.1 million homes by the end of 2025, with an ambitious target of 3 million by 2027.
* **5G Network**OTEs 5G network reaches over 99% of the population, with the rollout of 5G+ (Stand-Alone) network covering more than 70% of the population.
* **Shareholder Remuneration**OTE plans to distribute approximately 98% of its expected 2025 Free Cash Flow, totaling €451 million, through dividends and share buybacks.
**Outlook**
OTE Group reiterates its 2025 guidance, expecting
* Free Cash Flow (FCF) of approximately €460 million.
* Capital Expenditure (CAPEX) of €610-€620 million, focusing on FTTH infrastructure expansion.
* Adjusted EBITDA (AL) growth in Greece of almost 2%, driven by solid performance across key services.
Overall, OTE Groups Q2 2025 results demonstrate its commitment to driving profitable growth, expanding next-generation networks, and creating long-term value for stakeholders.