OPAP picks OTE for its telecoms upgrade

Greece's biggest betting company OPAP has selected Deutsche Telekom-controlled Greek telecoms group OTE to upgrade telecoms infrastructure at its outlets across the country, the two companies said on Tuesday.

The new systems will help OPAP to implement its 2020 development plan, which includes the launch of new products and services, OPAP said.

OPAP, which was fully privatized in 2013, currently offers sports betting and lotteries through a network of about 5,750 outlets in Greece and Cyprus via a revenue-sharing scheme with agents.

The company did not say how much the upgrade will cost.

[Reuters]