Cosmote

Cosmote Mobile Telecommunications SA
legal form	Corporation
founding	1997
Seat	Greece , Athens
management	Chief Executive Officer Michael Tsamaz
Number of employees	approx. 2,000 (2017)
sales	459 million euros (2014)
Branch	telecommunications
Website	www.cosmote.gr

Logo used until October 2015

Cosmote Mobile Telecommunications SA is the largest mobile operator in Greece . As a wholly owned subsidiary of OTE , the company is part of the Deutsche Telekom Group .

Cosmote was founded in 1997 as a joint venture between OTE and Telenor . Since its launch as the third operator of a GSM - mobile network in Greece in 1998, the company is the market leader ahead of Vodafone Greece and Wind Hellas . Together with its subsidiaries in other European countries, Cosmote had around 35.6 million customers in 2013.

Telenor has sold shares in Cosmote several times since 2003. Since April 2008, through a squeeze-out of the remaining 1.5% shares , OTE has now owned 100% of the shares , which meanwhile has the most mobile communications customers in Greece before Vodafone .

In Macedonia , Cosmote had acquired the second cell phone license and set up the Cosmofon GSM network . This was sold to the Slovenian Telekom in March 2009 due to Deutsche Telekom's entry into OTE, as T-Mobile already operates a network and is therefore the market leader. In 2003 Cosmote acquired 85% of the shares in the Albanian network operator Albanian Mobile Communications , which is considered one of the most profitable companies in the industry and which was renamed Telekom Albania in 2015 . In April 2013, Cosmote announced the sale of Globul to Telenor . Cosmote also has shares in Telekom Romania as well as Magyar Telekom and Germanos SA .

Web links

• Official website
• Website Cosmofon Macedonia
• AMC Albania website
• Cosmote Romania website

Individual evidence

1. ↑ ^{a b} Profiles . On the company website cosmote.gr , accessed on May 18, 2017
2. ↑ OTE GROUP REPORTS 2013 FOURTH QUARTER RESULTS . Archived from the original on April 13, 2014 Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. .  
3. ↑ [1]  ( Page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.  
4. ↑ Archive link ( Memento of the original from May 19, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
5. ↑ derstandard.at: Deutsche Telekom is a mobile phone monopoly in Macedonia
6. ^ Derstandard.at: Norwegians get hold of Bulgaria division of Deutsche Telekom subsidiary OTE