Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider, announces that it has proceeded with the temporary halt of certain interconnection circuits provided to Lannet SA as a result of the latter?s overdue accounts with OTE and its failure to respond to its financial obligations over a long period of time.
ΟΤΕ had repeatedly requested, from Lannet SA, the settlement of all of its overdue accounts, also stating that under the circumstances that Lannet SA would fail to respond to its financial obligations, OTE would resort, in line with applicable law, to the temporary discontinuation of the provision of its services to Lannet SA. Additionally OTE had timely informed the Regulatory Authority (NTPC) of the aforementioned facts