At a glance
With 18.3 million subscribers, 12 thousand employees and consolidated EBITDA of EUR 1.4bn, PPF Telecom Group is a mid-sized operator within the CEE region.
The Group is active in six markets - Bulgaria, Czech Republic, Hungary, Montenegro, Serbia and Slovakia, providing mobile, fixed-line, data and internet television services to end users, and telco infrastructure services to telecom operators.
* including Telenor Montenegro, divested on 21 December 2021
Key strengths
- Market leading businesses with strong brand recognition and high quality networks
- Stable markets with positive trends supporting growth
- Diversified, strong and stable cash flow generation
- Structurally separated services to end users and wholesale network infrastructure services.
Key financial data
|
in EUR millions |
2020 | 2019 | 2018 | 2017 |
| Revenues | 3,159 | 3,170 | 3,165 | 3,097 |
| EBITDA | 1,425 | 1,397 | 1,220 | 1,142 |
| EBITDA margin | 45% | 44% | 39% | 37% |
* based on audited financial accounts for 2019 and 2020 and unaudited pro forma condensed consolidated financial information for 2017 and 2018
