e& PPF Telecom Group is a major telecommunications services 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.
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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.
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.
PPF holds 50% minus one share in e& PPF Telecom Group, the majority shareholder with 50% plus one share is e&.
Key Financials
| 2024 | |
| Revenues | EUR 2,123 billion |
| EBITDA | EUR 1,005 billion |
| EBITDA margin | 47% |
“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.
Zuidplein 168
1077 XV Amsterdam
The Netherlands
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