e& PPF Telecom Group is a major telecom provider in Central and South-eastern Europe, driving digital transformation and improving connectivity through innovation and strategic investments. e& PPF Telecom Group focuses on high-quality networks and superior customer experience and was formed in 2024 in a partnership with global technology brand e& (formerly known as Etisalat.)
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e& PPF Telecom Group
The group operates Yettel (Bulgaria, Hungary, and Serbia), O2 (Slovakia), and CETIN (Bulgaria, Hungary, Slovakia, and Serbia). Yettel and O2 serve consumers, corporations, and public sectors with mobile, broadband, TV, and data services. CETIN provides wholesale telecom infrastructure.
PPF holds 50% minus one share in e& PPF Telecom Group, the majority shareholder with 50% plus one share is e&.
Key Financials
| 1H 2024 | |
| Revenues | EUR 1.9 billion |
| EBITDA | EUR 0.9 billion |
| Assets | EUR 8.5 billion |
| Total equity | EUR 1.3 billion |
“The digital economy is underpinned by high-quality telecommunications services and secure communications infrastructure for operators. We are proud to be contributing to its development in countries across Central and South-eastern Europe.”
Balesh Sharma
CEO, e& PPF Telecom Group
Contacts
PPF Telecom Group B.V.
Strawinskylaan 933
1077 XX Amsterdam
The Netherlands
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