OTE to delist from NYSE this month

1 Sep 2010

Greek incumbent PSTN operator Hellenic Telecommunications Organisation (OTE) has announced that it will apply for the delisting of its American Depository Shares (ADSs) from the New York Stock Exchange this month. OTE expects to file the application on or around 9 September, with delisting to become effective by around 20 September. OTE intends to enable investors to continue trading its ADSs in the US over-the-counter (OTC) market.

Greece, Cosmote