At a glance 

With 17.2 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.

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

2019 2018 2017
Revenues 3,170 3,165 3,097
EBITDA 1,397 1,220 1,142
EBITDA margin 44% 39% 37%

* based on audited financial accounts for 2019 and unaudited pro forma condensed consolidated financial information for 2017 and 2018