Hellenic Telecommunications Organization S.A. (OTCPK:HLTOY) Q2 2018 Earnings Conference Call August 9, 2018 10:00 AM ET
Executives
Babis Mazarakis – Chief Financial Officer
Michael Tsamaz – Chairman and Chief Executive Officer
Analysts
Roman Arbuzov – JPMorgan
Luis Prota – Morgan Stanley
Stam Draziotis – Eurobank Equities
Georgios Ierodiaconou – Citi
Jonathan Dann – Royal Bank of Canada
Operator
Thank you for standing by ladies and gentlemen, and welcome to the OTE Conference Call on the Second Quarter 2018 Financial Results. We have with us Mr. Michael Tsamaz, Chairman and CEO; Mr. Babis Mazarakis, Chief Financial Officer; Mr. Grigoris Christopoulos, Chief Commercial Office Business Segment, and Mr. Evrikos Sarsentis, Head of IR and M&A.
At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] I must advise you that this conference is being recorded today.
We now pass the floor to Mr. Babis Mazarakis. Please go ahead, sir.
Babis Mazarakis
Good morning or afternoon all of you. Mr. Tsamaz will be with us shortly, so I’ll start the speech and Mr. Tsamaz will join us in a minute. So we welcome you to this conference call to review OTE’s results for the second quarter of 2018. As usual, I will make some brief remarks on the quarter and the first half and then we will go over our performance and financials in more detail. After that, we will be available to answer all the questions you will have.
We had a very solid second quarter in line with what we had reported in the first three months of the year. It was even better in some key areas in which we are investing, particularly fixed broadband and mobile data in Greece. Romania continued to stabilize with mobile offsetting fixed, and trends in Albania
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