Sofia Rikicevic
Analyst, Goldman Sachs
Replay available
Hellenic Telecommunications Organization S.A. (OTC: HLTOF) Q2 2026 earnings conference call, held 2026-07-29. Replay captured from the company's public earnings webcast.

Analyst, Goldman Sachs
Chief Financial Officer, OTE Group
Chief Executive Officer, OTE Group
Analyst, JP Morgan
Analyst, Alpha Finance
Analyst, Eurobank Equities
Ladies and gentlemen, thank you for standing by. I am Gailie, your course call operator. Welcome and thank you for joining Viotek conference call and live webcast to present and discuss the second quarter and six months 2026 financial results. All participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a question and answer session. Should anyone need assistance during the conference call, you may signal an operator by pressing star and zero on your telephone. At this time, I would like to turn the conference over to Mr. Kostas Nebis, CEO, OTEC Group, Mr. Babis Mazarakis, Chief Financial Officer, Mr. Panayiotis Gavrilidis, Chief Marketing Officer, Consumer Segment, OTEC Group, and Mr. Evrikos Sarsentis, Head of IR and M&A. Mr. Nebis, you may proceed. Thank you very much. And welcome, everyone. Thank you for joining us today for our quarter two results review of this financial year. Our first half performance demonstrates continued progress towards our strategic priorities and brings us closer to our 2026 growth ambition. Adjusting for the zero margin impact of the gradual wind down of the international wholesale business, our revenues continue to grow strongly. Our EBDA increased once again and accelerated slightly, supported by solid execution across core business and the ongoing transformation of our business model. This positive momentum is underpinned by the strength of our financial profile and market position. OTEL's recent upgrade to A- by Standard & Poor's global ratings, making us the only company in Greece rated in the A category. It is a clear recognition of our resilience and further strengths, confidence in our long-term prospects. Let me now turn to the operational drivers behind this performan...