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PPF Telecom Group


Yettel (former Telenor) operators provide telecommunications services to millions of customers in Bulgaria, Hungary and Serbia.

Yettel’s leadership in these markets is built on a long-term strategy that pursues mobile network excellence and a first-class customer experience, backed up by wide-ranging charitable and community-based activities.

Telenor CEE

At the end of 2020, the region’s four Yettel operators had more than 10 million customers and approximately 4,200 employees (including Telenor Montenegro, divested on 21 December 2021).

Measured by revenue, Yettel is the number one in Bulgaria and Serbia, and the number two in Hungary.

Yettel in Individual Markets

Mobile market position Market share Number of customers (millions)
Bulgaria 1 35% 2.9
Hungary 2 29% 3.0
Serbia 1 35% 2.7

“We continuously develop our business model and customer approach in order to deliver products and services on a par with the most advanced markets, thus ensuring that we are strongly positioned for the future.”

Marek Sláčík

Executive Director of TMT CEE, PPF Telecom Group

Yettel in Individual Markets

Marek Sláčík


Yettel Hungary

H-2045 Törökbálint, Pannon út 1

Yettel Bulgaria

Business Park Sofia, Mladost 4, B 6
1766 Sofia

Telenor Serbia

Omladinskih brigada 90
11070 Belehrad