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.

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 infrastructureservices 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&.