Editing OTE (section)

==Shareholding structure==
Starting in [[1996 in Greece|1996]], the Greek State gradually decreased its participation in OTE's share capital. Following an agreement between [[History of the Hellenic Republic|the Greek State]] and Deutsche Telekom, as of 5 November 2008 each party held 25% plus one share of OTE's share capital. Following a further sale of shares and voting rights, as of 11 July 2011 Deutsche Telekom's stake in OTE has risen to 40% while that of the Greek State amounts to 10%. [[Hellenic Republic Asset Development Fund|HRADF]] announced on 13 February 2018 the opening of a tender procedure for the acquisition of 5% by the Greek state. The competition ended on Friday, 16 March 2018, with no interested parties. On the same day, HRADF sent a letter to Deutsche Telekom with a proposal to buy back the shares for €284 million, with a 30-day deadline. Deutsche Telekom exercised its right of first refusal and the acquisition was completed in May 2018 through the Stock Exchange. Deutsche Telekom currently holds 54.6% of the company's shares and Government of Greece owns 1.2%.