What Ote Communications does

COSMOTE TELEKOM is the mobile and integrated digital services brand of OTE Group (Hellenic Telecommunications Organization S.A.), Greece's largest telecommunications provider. OTE Group is publicly listed on the Athens Stock Exchange (ticker: HTO), with Deutsche Telekom holding a significant ownership stake. COSMOTE operates a nationwide telecommunications infrastructure spanning 5G (COSMOTE 5G+), 5G WiFi, 4G/LTE, FTTH fiber (with guaranteed speeds up to 1Gbps), and NB-IoT, serving both individual consumers (Ιδιώτες) and business customers (Επιχειρήσες) across Greece.

The company's core product portfolio is anchored on mobile plans under the COSMOTE GIGAMAX brand (tiered from 9GB to unlimited data, priced €24-€41/month), fiber broadband (100Mbps-1Gbps at €23.71-€35.90/month), and COSMOTE TV packages (FULL, CINEMA & NETFLIX, SPORTS). These are connected through the MagentaONE bundling platform, which delivers a 10% discount when customers combine mobile, fixed line, internet, and TV under a single relationship. Beyond connectivity, COSMOTE operates a broad adjacent ecosystem: smart home services (COSMOTE Smart Home Connect, Total Security, Home Connect), Magenta Insurance (car, motorcycle, home), the payzy digital payments app, the COSMOTE World Mastercard co-brand, the MAGENTA MOMENTS loyalty programme, BOX Delivery, device retail (iPhone 17, Samsung Galaxy, T Phone 3, T Tablet 2), trade-in, and device recycling. Content is anchored by partnerships with Netflix and exclusive sports rights (COSMOTE SPORTS, NOVA SPORTS).

COSMOTE monetises primarily through recurring subscriptions (mobile, fixed, internet, TV), complemented by hardware sales (smartphones, tablets, wearables, gaming), insurance referral commissions, transaction-based fees (payzy, Mastercard), and content bundling economics. Go-to-market is direct-to-consumer via a nationwide physical retail store network (Καταστήματα), an e-commerce platform, the MY COSMOTE self-service app, and digital/social marketing. The company also engages in social-impact initiatives, including an AI postgraduate funding programme across seven Greek universities (up to 45 positions) and 11 consecutive years of robotics/STEM education support, which double as ecosystem and brand investments.

Name

Ote Communications

Legal name

COSMOTE Mobile Telecommunications Company

Website

https://ote.gr

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

COSMOTE TELEKOM is Greece's largest mobile and digital services operator, part of OTE Group. It offers 5G, FTTH fiber, TV, smart home, insurance, and payment services to consumers and businesses via retail, e-commerce, and self-service apps.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Radiotelephone Communications (4812), Telephone Communications (No Radiotelephone) (4813), Cable & Other Pay Television Services (4841)

akta.pro primary industry

Consumer Mobile Network Operators (Retail MNOs) (HDAIAAAA)

akta.pro secondary industries

Mobile Roaming & Interconnect Services (roaming hubs, IREG/TADIG, clearing) (HDAIAEAE), Mobile Wholesale & Roaming Providers (Interconnect, IOT, Roaming Hubs) (HDAIAAAD)

Keywords

• Mobile telecommunications services
• Fiber broadband internet
• Pay television packages
• Bundled telecom subscriptions
• Consumer electronics retail

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Mobile Services: Monthly subscription plans for mobile voice, SMS, and data services. Plans include COSMOTE GIGAMAX series with varying data allowances from 9GB to unlimited, with prices ranging from €24 to €41 per month after discounts.
2. Fixed Line and Internet: Monthly subscription plans for home phone and fiber internet services. Fiber plans range from 100Mbps to 1Gbps speeds with prices from €23.71 to €35.90 per month. Includes fixed-to-mobile unlimited minutes.
3. Television Services (COSMOTE TV): Monthly subscription TV packages including COSMOTE TV FULL (€28.18), CINEMA & NETFLIX (€17.90), and SPORTS (€25.45). Revenue from bundled TV services and content partnerships.
4. Device Sales: Sale of mobile devices, tablets, smartwatches, wearables, and accessories through e-shop and retail stores. Devices include flagship smartphones like iPhone 17 series, Samsung Galaxy S26, T Phone, and tablets. Device prices range from €129.91 (T Phone 3) to €949 (Samsung Galaxy S26).
5. Insurance Services: Magenta Insurance products including car, motorcycle, and home insurance offered through the platform, generating commission revenue from insurance partnerships.
6. Financial Services: payzy payment services, COSMOTE World Mastercard credit card partnership, and Eurobank cashback programs generating transaction-based revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

COSMOTE TELEKOM delivers integrated consumer and business telecommunications services across Greece, including mobile voice and data plans (GIGAMAX series), fixed-line telephony, FTTH fiber broadband (100Mbps to 1Gbps), and IPTV subscriptions (COSMOTE TV). The MagentaONE program bundles these services at a 10% discount. The company also sells smartphones, tablets, and accessories through branded retail stores and an online shop, and operates adjacent services such as COSMOTE Smart Home, Magenta Insurance, payzy digital payments, and the MAGENTA MOMENTS loyalty program.

Product overview

COSMOTE TELEKOM is a comprehensive telecommunications company offering an integrated platform of mobile, fixed-line, internet, and TV services across Greece. The core product portfolio centers on mobile plans under the COSMOTE GIGAMAX brand (9GB, 35GB, and unlimited tiers), fixed fiber internet services (100Mbps to 1Gbps), and COSMOTE TV packages (FULL, CINEMA & NETFLIX, and SPORTS). The MagentaONE bundling platform connects mobile, fixed, internet, and TV services. Additional offerings include smart home services (Smart Home Connect, Total Security, Home Connect), the payzy digital payment app, BOX Delivery, Magenta Insurance, and the MAGENTA MOMENTS loyalty program. The company also operates retail stores selling smartphones (iPhone, Samsung Galaxy, T Phone, Motorola), tablets (T Tablet, Apple iPad), wearables, gaming products, and accessories. Network infrastructure includes COSMOTE 5G+, 5G WiFi, Fiber (FTTH), 4G, and NB-IoT for IoT connectivity. Strategic partnerships include Netflix integration in TV packages and AEGEAN Miles+Bonus loyalty collaboration.

Differentiator

Problem solved

Functional benefit

Brands

• MagentaONE: Bundled service package combining mobile, fixed, internet and TV services
• Magenta Moments
• Magenta Insurance
• payzy
• BOX Delivery
• COSMOTE TV
• COSMOTE Fiber
• COSMOTE GIGAMAX
• T Phone
• T Tablet
• COSMOTE Smart Home

Products and services

• MagentaONE Unified service platform that lets subscribers combine mobile, fixed line, fiber internet, and COSMOTE TV subscriptions under a single contract with a 10% bundle discount and integrated benefits. Targeted at both Greek consumers and business customers.
• COSMOTE GIGAMAX Mobile Plans Postpaid mobile voice, SMS, and data plans in three tiers — GIGAMAX 9GB (€24/mo), GIGAMAX 35GB (€32/mo), and GIGAMAX UNLIMITED with EU/USA/Canada roaming and 3 Travel Passes (€41/mo). For Greek individual and business mobile subscribers.
• COSMOTE Fiber Internet Plans Fixed fiber-to-the-home broadband subscriptions at 100 Mbps (€23.71/mo), 300 Mbps (€27.90/mo, includes COSMOTE TV Start), and 1 Gbps (€35.90/mo), with unlimited fixed-line minutes and a free wireless router. For Greek households.
• COSMOTE 5G WiFi Fixed wireless broadband service using 5G technology to provide fast home internet connectivity across Greece, bundled with unlimited calling minutes. Launched in 2025.
• COSMOTE 5G+ Network Service Premium 5G mobile network tier offering enhanced connectivity speeds and capacity for next-generation mobile subscribers across Greece.
• COSMOTE TV FULL Full-content IPTV subscription (€28.18/mo) including COSMOTE SPORTS, NOVA SPORTS, COSMOTE CINEMA, COSMOTE HISTORY, kids, and news channels, with a free Android TV decoder and viewing on up to 3 devices simultaneously.
• COSMOTE TV CINEMA & NETFLIX Mid-tier TV subscription (€17.90/mo) combining COSMOTE CINEMA, COSMOTE SERIES, COSMOTE HISTORY channels with the Netflix streaming service.
• COSMOTE TV SPORTS Sports-only TV subscription (€25.45/mo) including COSMOTE SPORTS and NOVA SPORTS channels for sports content enthusiasts.
• COSMOTE Smart Home Connect Smart home subscription enabling centralized control of connected devices for comfort, energy savings, and security. Targeted at Greek households seeking home automation.
• COSMOTE Total Security Home security subscription including monitoring and emergency response capabilities for residential protection.
• COSMOTE NB-IoT Narrowband IoT connectivity service for Internet-of-Things devices enabling machine-to-machine communication and large-scale smart-device deployments. Targeted at Greek business and industrial customers.
• payzy Digital Payment Digital payment mobile application providing secure in-person and online payments with transaction-based rewards for COSMOTE subscribers.
• Magenta Insurance Insurance subscription products including car, motorcycle, and home insurance distributed through the COSMOTE platform, generating commission revenue from insurance partnerships.
• MAGENTA MOMENTS Loyalty Program Loyalty and rewards program offering subscribers experiences, exclusive privileges, and special offers to drive retention.
• T Phone (own-brand 5G smartphones) COSMOTE's own-brand 5G smartphones (T Phone, T Phone 3) with AI capabilities, sold exclusively through COSMOTE retail and e-shop channels, often bundled with mobile plans.
• T Tablet (own-brand tablets) COSMOTE's own-brand tablets (T Tablet, T Tablet 2) sold through COSMOTE retail and e-shop.
• Travellers' SIM (Prepaid SIM for visitors) Prepaid SIM card service for international travelers visiting Greece, offering data packages on COSMOTE's network.
• BOX Delivery Delivery subscription service that rewards COSMOTE subscribers with benefits and savings on each order placed.
• COSMOTE AEGEAN Miles+Bonus Co-branded loyalty subscription allowing COSMOTE subscribers to earn AEGEAN Airlines Miles+Bonus points on COSMOTE services and purchases.

Quantifiable outcome

• 100% fiber optic connection to home premises with guaranteed speeds up to 1Gbps
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• NetflixcoreTechnology or IntegrationCOSMOTE offers COSMOTE TV CINEMA & NETFLIX package combining COSMOTE's television content with Netflix streaming service. This partnership provides integrated television and streaming entertainment to COSMOTE subscribers.
• AEGEAN Miles+BonusminorGTM or Marketing PartnerCOSMOTE partners with AEGEAN Airlines' loyalty program allowing subscribers to earn Miles+Bonus points on select services and purchases.
• EurobankminorGTM or Marketing PartnerEurobank cashback partnership providing customers with euro returns on purchases when using Eurobank cards. Part of seasonal promotional campaigns offering euro refunds on transactions.
• OTE GroupcoreStrategic or Co-development PartnerCOSMOTE TELEKOM is part of the OTE Group (Hellenic Telecommunications Organization), Greece's largest telecommunications provider. The company operates under the OTE Group umbrella with shared infrastructure and corporate governance.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• OTE Group (Hellenic Telecommunications Organization): The parent group of COSMOTE, listed on the Athens Stock Exchange (HTO), covers fixed-line, mobile, and international wholesale services across the same Greek footprint as the COSMOTE retail brand.
• Vodafone Group: Vodafone Group is the parent of Vodafone Greece and operates the same integrated mobile/fixed/TV convergent model that COSMOTE competes against across Europe.
• Orange: Orange operates a similar integrated mobile, fixed broadband, and IPTV offering across multiple European markets with a comparable convergence and content bundling strategy.
• Deutsche Telekom: Deutsche Telekom is COSMOTE's controlling shareholder and operates the same MagentaONE convergence playbook across its European footprint, making it both parent and benchmark peer.

Regional players

• Telekom Austria (A1 Telekom Austria Group): CETC-owned Central European operator with mobile, fixed, TV, and digital services across CEE markets, comparable in scale and convergence mix to OTE Group.
• Swisscom: Swiss incumbent combining mobile, fiber, and TV with B2B services and has comparable national-market dynamics to COSMOTE in terms of fixed-mobile convergence.
• KPN: Dutch incumbent operating mobile, fixed broadband, and TV with similar converged strategy and a comparable mature European market profile.
• Proximus: Belgian incumbent with mobile, fixed, and TV offerings under a similar national-carrier convergence model, providing a useful European benchmark for ARPU and bundling economics.

Direct peers

• Nova Greece (formerly Wind Hellas / Forthnet): Formed from the merger of Wind Hellas and Forthnet under United Group, Nova competes head-to-head with COSMOTE across mobile, fixed, and pay TV in Greece, including sports content.
• Vodafone Greece: Vodafone's Greek subsidiary is COSMOTE's largest direct competitor in mobile, fixed broadband, and converged services across Greece, with overlapping Magenta-style bundles and 5G rollout.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cosmote
• LinkedInlinkedin.com/company/ote-communications

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ote Communications