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Announcement-Completion of UFBB

29th Jan 2026 15:49

RNS Number : 9776Q
Hellenic Telecomms Organization S A
29 January 2026
 

 

 

Announcement

Athens, January 29, 2026 - Hellenic Telecommunications Organization S.A, ("OTE"), announces that, following the announcement on November 6, 2025 regarding the "Ultra-Fast Broadband Infrastructure" (UFBB) project, today acquired 100% of TERNA FIBER S.A.

Specifically, OTE acquired from GEK TERNA S.A. in November 2025 its 100% subsidiary, BROADBAND INFRASTRUCTURE DEVELOPMENT PROJECTS SA, which holds 50.1% of TERNA FIBER SA, and today, BROADBAND INFRASTRUCTURE DEVELOPMENT PROJECTS SA acquired the remaining 49.9% of TERNA FIBER SA from GRID TELECOM S.A. The transactions received the relevant approvals of the competent State Contracting Authority.

 

 

 The announcement is issued as Regulated Information in accordance with the provisions of Law 3556/2007 [article 3, par. 1 (p), and article 21] and Regulation 596/2014 (article 17) of the European Parliament and of the Council on the abuse of the market.

 

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

E-mail: [email protected]

 

 

 

 

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