“The sound financial results that we publish today demonstrate the persistence that our businesses have shown confronting the challenges brought about by the pandemic and lockdowns. The communication services that our companies are providing are making it possible for millions our customers to continue working, studying, and coping with these unprecedented changes to our lives,” commented Ladislav Bartoníček, CEO of PPF Telecom Group, and added:
“By separating mobile networks from retail activities in Bulgaria, Hungary and Serbia and consolidating our infrastructure operations under CETIN Group at the end of the year we have further strengthened the effectiveness of PPF Telecom Group. And having acquired 5G spectrum in three of our countries of operation, the Group is well-positioned for further long-term business development. This is reflected in the sound credit rating by all three major agencies and recognised also by the investors, who put their trust in another two benchmark-size bond issues and two tap issues last year.”
The consolidated interim financial accounts are available at company’s website at https://www.ppftelecom.eu/financial-reports .