Cosmote S.A.

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Cosmote Telekom
Native name
COSMOTE TELEKOM– ΚΙΝΗΤΕΣ ΤΗΛΕΠΙΚΟΙΝΩΝΙΕΣ [1]
Company type Division
Industry Telecommunications
FoundedOctober 3, 1996;29 years ago (1996-10-03) [1] in Athens, Greece [2]
DefunctJanuary 2, 2024 (2024-01-02) [1]
FateMerged with OTE [3]
Headquarters Marousi, Greece [1]
Area served
Europe
Key people
[1] [4]
Parent OTE
Website cosmote.gr

Cosmote Telekom, known as just Cosmote, is the largest mobile network operator in Greece and it is a division of the Hellenic Telecommunications Organization (OTE), the incumbent telecommunications provider in Greece.

Contents

Outside of Greece, previous operations included GLOBUL in Bulgaria (now Yettel) and Telekom in Albania (now One Albania).

Until October 2025, Cosmote also operated in Romania as Telekom Romania until the sale to Vodafone Romania. As part of the sale, Vodafone acquired the postpaid customer base and Digi the prepaid customer base.

Both companies (Vodafone & Digi) also gained additional spectrum and towers. [5] [6] [7]

Introduction of the Telekom brand

In 2015, despite adopting the Telekom brand for its operations in both Albania and Romania, OTE Group instead announced plans to adopt Cosmote as their uniform commercial brand in Greece covering fixed, broadband and mobile telephony. The brand was also refreshed and a new logo and strap line introduced.

Whilst Cosmote had always been the brand used for mobile telephony, the company had previously sold fixed (landline) and broadband services under the OTE brand. [8]

In 2023, activity began to raise awareness of the Telekom brand in Greece. In September, after Telekom’s T logo was added to the OTE Group building in Athens, the chief of Deutsche Telekom hinted that the logo may be adopted [9]

The website, stationary and printed advertisements and billboards were then updated to feature the Telekom logo in addition to the Cosmote branding with the statement "Member of the Telekom Group".

Beginning in 2024, all commercials ended with the slogan "Cosmote, member of the Telekom Group". In addition, a new splash screen of the Telekom branding was added to Cosmote’s television advertisements.

Cosmote also branded various programmes and competitions as "Powered by Telekom" such as Women in Gaming and World Pass to further enhance customer awareness.

In April 2025, the new Cosmote Telekom brand was launched along with the tag line ‘Συνδέουμε τον κόσμο σου’ (Connecting your world) [10]

Since the introduction of the new brand, Cosmote Telekom have introduced MagentaONE (previously Cosmote One), Magenta AI and Magenta Moments. The T Phone 3 and T Tablet 2 launched in Greece.

In addition, the Basketball arena at the OAKA (Olympic Athletic Center Athens) has been renamed Telekom Center Athens under a five year deal [11]

History

Cosmote shop next to Syntagma Square in Athens DSC-0915-comsote-athens-august-2017.jpg
Cosmote shop next to Syntagma Square in Athens

COSMOTE launched commercial operations in Greece in April 1998 and reached 1 million subscribers a year later. In 2000, the company was listed in the Athens Exchange. In 2001, COSMOTE reached a customer base of 2.5 million becoming the largest mobile network operator in Greece. [12]

In 2006, COSMOTE acquired 99% of Germanos SA from its owner Panos Germanos, [13] a multinational chain of retail electronic goods vendors. During the same year COSMOTE was listed among the top performers in the technology industry worldwide according to BusinessWeek's Information Technology 100 rankings, being the only Greek company in the list.

Subsidiaries

Telekom Romania: In July 2005, COSMOTE acquired 70% of the Romanian operator COSMOROM which was the mobile arm of Romanian national incumbent operator Romtelecom. Later that year, COSMOROM was rebranded to COSMOTE Romania. In November 2009, COSMOTE acquired Telemobil SA (Zapp), the first CDMA 450 MHz mobile phone operator in Romania, thereby gaining access to 3G license and infrastructure in the country. [14]

Sponsorships

Blimp of COSMOTE in the Telekom Center Athens Cosmote blimp 4.JPG
Blimp of COSMOTE in the Telekom Center Athens

Under its Corporate Responsibility (CR) programme, COSMOTE supports actions related to the environment, society, the marketplace, the workplace and public awareness. Actions undertaken in this context include inter alia a joint sponsorship, together with the Hellenic Telecommunications Organization (OTE), of the Athens 2004 Olympic Games. COSMOTE has also initiated a Scholarship programme for university studies, awarding scholarships to high school graduates who have been admitted as first year students in higher educational institutions in Greece. [15] [16]

In October 2011, COSMOTE announced that will support, together with OTE, the digitisation of the libraries of the Halki seminary in Constantinople. [17]

In 2012, OTE and COSMOTE announced the sponsorship of the exhibition "The Antikythera Shipwreck: The ship, the Treasures, the Mechanism", of the National Archaeological Museum. [18]

Financial results

Year [19] RevenuesEBITDAEBITDA margin
20071,735.9 mil. €724.4 mil. €41.7%
20081,843.1 mil. €781.9 mil. €42.4%
20092,007.4 mil. €741.8 mil. €37%
20101,812.1 mil. €667.6 mil. €36.8%
20111,647.5 mil. €616.6 mil. €37.4%
20122,057.0 mil. €755.9 mil. €36.7%
20131,859.8 mil. €647.6 mil. €34.1%
20141,202 mil. €431.8 mil. €35.9%
20151,165 mil. €401.1 mil. €34.4%
20161,121 mil. €370.1 mil. €33.1%

See also

References

  1. 1 2 3 4 5 "(DIAGRAFIKE)COSMOTE – KINITES TILEPIKOINONIES" . Retrieved 4 January 2024.
  2. "ΕΦΗΜΕΡΙΣ ΤΗΣ ΚΥΒΕΡΝΗΣΕΩΣ ΤΗΣ ΕΛΛΗΝΙΚΗ ΔΗΜΟΚΡΑΤΙΑΣ - ΤΕΥΧΟΣ ΑΝΩΝΥΜΩΝ ΕΤΑΙΡΕΙΩΝ ΚΑΙ ΕΤΑΙΡΕΙΩΝ ΠΕΡΙΩΡΙΣΜΕΝΗΣ ΕΥΘΥΝΗΣ - Αρ. Φύλλου 6719" (in Greek). Government of Greece. 3 October 1996. Retrieved 4 January 2024. ΕΔΡΑ: Ο Δήμος Αθηναίων.
  3. "ΑΝΑΚΟΙΝΩΣΗ" (in Greek). 2 January 2024. Retrieved 4 January 2024.
  4. "Management Team" . Retrieved 4 January 2024.
  5. "Vodafone Romania completes the acquisition of Telekom Romania Mobile Communications". 1 October 2025.
  6. "Acquisition of Telekom Romania completes". 1 October 2025.
  7. "OTE concludes the sale of Telekom Romania Mobile Communications". 1 October 2025.
  8. Total Telecom (25 September 2015). "Greek incumbent ditches OTE brand".
  9. Telco Titans (12 September 2023). "Deutsche Telekom chief hints OTE may adopt T logo".
  10. "OTE dons parent's T in brand switch-up". 25 April 2025.
  11. "OAKA Arena will have a new name". 20 August 2025.
  12. "Cosmote Milestones". Archived from the original on 2012-04-20. Retrieved 2012-01-10.
  13. COSMOTE agrees to acquire strategic stake in GERMANOS S.A.
  14. "ZAPP: Our history". Archived from the original on 2012-01-08. Retrieved 2011-11-28.
  15. "OTE-Cosmote Scholarships For The Greek Periphery". Archived from the original on 2011-11-20. Retrieved 2011-11-28.
  16. "ΠΡΟΓΡΑΜΜΑ ΥΠΟΤΡΟΦΙΩΝ ΟΤΕ - COSMOTE 2013".
  17. "Ote, Cosmote support Ecumenical Patriarchate's library archive digitization". ATHENS VOICE. 2011-10-06. Archived from the original on 2011-10-07. Retrieved 2012-10-18.
  18. "ΟΤΕ: Δράσεις για "Το Ναυάγιο των Αντικυθήρων"". EURO2DAY. 2012-12-27.
  19. "Financial Statements of OTE Group Companies".