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e& PPF Telecom Group

e& PPF Telecom Group

e& PPF Telecom Group is a major telecommunications service provider in Slovakia, Hungary, Bulgaria, and Serbia. Formed through a strategic partnership between e& and PPF, the group is evolving from a mobile operator into a regional technology leader. It is leveraging PPF’s cross-industry expertise, innovative operating model, and local knowledge, along with e&’s global presence and competence in advanced technologies and innovation.  

Contacts

PPF Telecom Group B.V.
www.eandppftelecom.eu

Zuidplein 168
1077 XV Amsterdam
The Netherlands

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Related

e& PPF Telecom Group

14/1/2026

The Balkans are a fantastic testing ground for innovation, Telco is becoming Techco, says the head of the joint venture between PPF and Emirates e&

e& PPF Telecom Group

29/9/2025

Czechs have a great thing going, but some don’t even know it, says e& PPF Telecom Group CEO Balesh Sharma

e& PPF Telecom Group

9/7/2025

Balesh Sharma: Partnership with e& confirms PPF's commitment to Bulgaria

e& PPF Telecom Group

5/9/2023

PPF Telecom Group: 2022 sustainability report

PPF Telecom Group has published its sustainability report for 2022, which reiterates the Group’s commitment to environmental and social sustainability, and measures the progress made in delivering upon its strategy and targets.

e& PPF Telecom Group

3/7/2023

PPF Telecom Group Dismayed by Regulatory Ruling Taken in Bulgaria

PPF Telecom Group B.V. (or “PPF Telecom”), which includes the Yettel telecom operating companies and the CETIN telecom infrastructure companies, is dismayed by regulatory decision taken in Bulgaria that will effectively undermine Bulgaria’s telecom marketplace and lead to the creation of a dominant player to the detriment of consumers.

e& PPF Telecom Group

3/4/2023

PPF Telecom Group to reduce CO2 emissions in Bulgaria with renewable energy Power Purchase Agreement

Yettel Bulgaria and CETIN Bulgaria, both part of PPF Telecom Group (the Group), have moved to reduce their CO2 emissions by concluding a 10-year power purchase agreement (PPA) with Electrohold, Bulgaria’s leading renewable energy producer. The Group is seeking to replicate the PPA initiative in other markets in Central and South Eastern Europe in line with its sustainability strategy.

e& PPF Telecom Group

23/3/2023

PPF Telecom Group Posts Solid Financial Results in 2022

PPF Telecom Group B.V. has published its audited consolidated financial statements for 2022

e& PPF Telecom Group

16/5/2022

PPF Appoints Balesh Sharma as the Group’s Head of TMT Division

PPF Group today announced the appointment of Balesh Sharma as the head of its telecommunications, media and technology division. Starting in July, Mr. Sharma will be overseeing the Group’s mobile and fixed-line operators, telecommunications infrastructure providers and television networks in central and southeastern Europe.

e& PPF Telecom Group

27/1/2022

PPF Telecom Group launches Yettel brand

PPF Telecom Group B.V. today unveiled the new Yettel brand for its mobile operators in Bulgaria, Hungary, and Serbia, which up to now have been grouped under the Telenor name.

e& PPF Telecom Group

27/10/2021

PPF Telecom Group Sells Telenor Montenegro to 4iG

PPF Telecom Group has announced today the sale of 100% shares of Telenor Montenegro to Hungary’s 4iG Nyrt.

e& PPF Telecom Group

2/3/2021

PPF Telecom Group has published its 2020 results

PPF Telecom Group B.V. has published its audited consolidated financial accounts for 2020.

“Leveraging the partnership between PPF and e&, we are developing a fully digitised customer journey and product suite to create an ecosystem around telecom services and further enhance the customer experience as our strategic differentiator.”

Balesh Sharma

CEO, e& PPF Telecom Group

PPF entered the telecom industry in 2014 and has been transforming it ever since. In 2015, it pioneered the separation of infrastructure from end-user services. This move revitalised both branches of the traditional telecom model by enhancing efficiency, agility, and, above all, management focus.
This innovation has reignited sustainable growth in every telecom operator acquired by PPF. In 2024, PPF spurred a new cycle of growth by partnering with e&, the global technology group, to unlock synergies and drive further innovation. This partnership created the e& PPF Telecom Group.

Etisalat

Yettel and O2

The group serves consumer, corporate, and public sector customers through the O2 and Yettel brands, offering mobile voice, data and text messaging, fixed broadband, multi-platform internet television, and corporate data networks.

The group’s telecommunications infrastructure providers are consolidated within the CETIN International subgroup, which offers wholesale services to all operators on equal terms.

CETIN International

CETIN International is the leading telecommunications infrastructure services provider in the region. It operates a high-quality telecommunication infrastructure portfolio, including the full scope of mobile access network assets, and an extensive fibre backbone and aggregation network.

CETIN offers wholesale telecommunications infrastructure services to all operators in their four markets on equal terms. In Slovakia and Hungary, CETIN operates radio access networks for mobile services under network sharing agreements. This improves network coverage and capacity, accelerates modernisation, and generates energy savings.

A minority shareholder in CETIN International is GIC, Singapore's sovereign wealth fund, which is a long-term investor with global reach and extensive experience in infrastructure.

PPF holds 50% minus one share in e& PPF Telecom Group, the majority shareholder with 50% plus one share is e&.