4th Dec 2006 07:39
Hellenic Telecomms Organization S A04 December 2006 ANNOUNCEMENT ROMTELECOM LAUNCHES "DOLCE"-NEW DIGITAL TELEVISION SERVICE Athens, November 30, 2006 - Hellenic Telecommunications Organization SA (ASE:HTO, NYSE: OTE), the Greek full-service telecommunications provider, todayannounced that its 54.01% owned subsidiary, RomTelecom, Romania's incumbentoperator, launched a new digital television service which will be made availableacross the country, via OTE's satellite, Hellas Sat 2. The new service, with thebrand name "Dolce" complements Romtelecom's portfolio of voice and internetproducts. Romtelecom's Dolce broadcasts channels through OTE's Hellas Sat 2 satellite andinsures exceptional image and sound quality at a highly attractive monthlysubscription rate. Besides the standard Dolce package, which includes 45 TVchannels, customers are free to choose among 7 additional thematic packages,based on their individual preferences. Starting next year, Dolce clients willbenefit from other services as well, such as interactive games or personalizedmusic channels, to which new packages and channels will be added. Finally, thedigital television service, Dolce, is offered as part of avoice-internet-television package and Romtelecom's clients, opting for combinedpackages, can pay one single bill for all three services. The launch of this new digital television service by Romtelecom is in line withthe company's strategy, which is focused on identifying new sources of revenueand offering clients best-of-class services, based on the most advancedtechnology for digital television. In overall, the launch of Dolce reflectsRomtelecom's sustained effort in developing new technologies. Through this synergy, Hellas Sat's satellite coverage capacity climbs to 80%,within only 3 years of commercial operation.About OTEOTE Group is Greece's leading telecommunications organization and one of thepre-eminent players in South-eastern Europe, providing top-quality products andservices to its customers.Apart from serving as a full service telecommunications group in the Greektelecoms market, OTE Group has also expanded during the last decade itsgeographical footprint throughout South East Europe, acquiring stakes in theincumbent telecommunications companies of Romania and Serbia, and establishingmobile operations in Albania, Bulgaria, the Former Yugoslav Republic ofMacedonia and Romania. At present, companies in which OTE Group has an equityinterest employ over 30,000 people in six countries, and our portfolio ofsolutions 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 aswell as on the New York Stock Exchange under the ticker OTE. In the U.S., OTE'sAmerican Depository Receipts (ADR's) represents 1/2 ordinary share.Additional Information is also available on http://www.ote.gr. Contacts:OTE: Dimitris Tzelepis - Head of Investor Relations Tel: +30 210 611 1574, Email: [email protected] Nektarios Papagiannakopoulos-Senior Financial Analyst, Investor Relations Tel: +30 210 611 7593, Email: [email protected] Daria Kozanoglou - Communications Officer, Investor Relations Tel: +30 210 611 1121, Email: [email protected] Marilee Diamanti - IR Coordinator Tel: +30 210 611 5070, Email: [email protected] Christina Hadjigeorgiou - Financial Analyst Tel: +30 210 611 1428, Email: [email protected] Forward-looking statementAny statements contained in this document that are not historical facts areforward-looking statements as defined in the U.S. Private Securities LitigationReform Act of 1995. All forward-looking statements are subject to various risksand uncertainties that could cause actual results to differ materially fromexpectations. The factors that could affect the Company's future financialresults are discussed more fully in the Company's filings with the U.S.Securities and Exchange Commission (the "SEC"), including the Company's AnnualReport on Form 20-F for 2005 filed with the SEC on June 29, 2006. OTE assumes noobligation to update information in this release. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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