Hellenic Telecommunications Org. S.A. (OTE): 2Q 2009 Earnings
Due: Aug. 6 before market open (approx. 0700 GMT)
DJ Survey of 8 Analysts
Avg. Revenue: EUR1.51B, -5% (EUR1.59B in 2Q 2008)
Avg. Net Profit: EUR44M, -72% (EUR159M in 2Q 2008)
Note: Weak fixed and mobile line revenues will weigh on earnings, while net profit seen sharply lower on an estimated EUR150M in provisions for long-expected employee voluntary retirement scheme [VRS]. Oibda also seen lower, -32% at EUR396M. Analysts will focus on outlook for mobile market. (AKG)
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