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April 19, 2015 7:28 PM ET

Diversified Telecommunication Services

Company Overview of hellas online S.A.

Company Overview

hellas online S.A. provides fixed-line telephony services in Greece. The company provides a range of services comprising bundled fixed-line telephony voice and Internet access services; single-play services consisting of broadband Internet access over shared local loop (LLU); and double-play services, such as broadband Internet access and fixed-line telephony over full LLU, as well as voice-only services over LLU to retail customers. It also offers telecommunications services and solutions, including leased line SDH and metro Ethernet, virtual private networks, and Web hosting services to business customers, as well as provides wholesale services to other telecommunications operators. The co...

2, Adrianiou Street

Athens,  115 25


Founded in 1990


30 213 00 04 195


30 213 00 05 190

Key Executives for hellas online S.A.

hellas online S.A. does not have any Key Executives recorded.

hellas online S.A. Key Developments

Hellas Online Reports Earnings Results for the Year 2014

Hellas Online reported earnings results for the year 2014. For the year, the company’s revenues down 6% to EUR 213.8 million in 2014, hurt by price pressure and a cut to fixed termination rates. Excluding the regulatory cut to termination rates, revenues fell 3.9%, amid lower ARPU in both the consumer and business markets. EBITDA fell to EUR 54.1 million from EUR 68.4 million in 2013, and EBIT was a loss of EUR 3.6 million compared with a profit of EUR 1.9 million the previous year. The operator had negative cash flow of EUR 34.4 million, due mainly to the timing of supplier payments, and net debt rose by EUR 30.8 million to a total EUR 188.1 million at year-end.

Hellas Online Reports Earnings Results for the Third Quarter of 2014

Hellas Online reported earnings results for the third quarter of 2014. For the period, the company reported revenues were down 7.2% to EUR 53.0 million. EBITDA fell 29.0% from a year earlier to EUR 13.3 million. Pretax profit moved to a loss of EUR 2.1 million from a profit of EUR 1.8 million a year ago. Net debt was down over the same period by EUR 8.6 million to EUR 152.7 million.

Hellas Online Wins Contract from Athens International Airport

Hellas Online announced a contract to provide services for the Athens International Airport and the airport's own customers. The agreement covers internet, Metro Ethernet, SDH and MPLS connectivity, as well as data centre services. HOL will provide integrated services such as a leased lines interconnection network through fibre technology with Ethernet and SDH, MPLS VPN and guaranteed access to the internet. HOL said the agreement will provide a high level of quality and reliability for the AIA and its customers.

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