Greece's main telecoms provider OTE on Friday said profit dropped 56 percent in the fourth quarter of 2008.
The company statement said net profit reached euro100.1 million ($136.2 million) in the October-December period, compared with euro229.6 million ($312.4 million) in the same period in 2007.
Profit fell slightly on the year _ dipping 9.2 percent euro601.8 million ($818.9 million) in 2008, compared with euro662.6 million ($901.6 million) the previous year.
Last year, the Greek government and Germany's Deutsche Telekom AG struck a deal on sharing OTE ownership and management control.
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