Dear customer, we are sorry but your browser doesn't support all necessary features for good site view. Please switch to one of the modern browsers (Chrome, Safari, Firefox).

Key strengths

Stable cash flows and long-term value creation for all stakeholders

Market leading businesses with strong brand recognition with high quality networks

  • Stable market leading positions across 5 European markets
  • #1 to #2 positions in most retail markets by both revenue and customer share
  • Quality brand positioning in all markets
  • High quality mobile networks with full coverage
  • National fixed network infrastructure in Czechia
  • Business strategy aligned to sustainability targets

Diversified, strong and stable cash flow generation

  • EBITDA generation well diversified across 6 independent streams
  • Group cash conversion rate historically around 50%
  • Very strong interest coverage ratios, both at consolidated group level and at PPF Telecom Group level

Stable markets with positive trends supporting growth

  • Very stable and supportive macroeconomic environment in Czechia and Slovakia
  • Positive macroeconomic trend in investment grade Hungary and Bulgaria with much faster consumer spending growth than in the rest of Europe
  • Predictable regulatory environment in all markets
  • Moderate intensity of the competition in all markets with relatively stable market shares and ARPUs
  • Growing demand for data and multi-play propositions in all regions
  • Track record of stable performance in all markets

Structurally separated services to end users and wholesale network infrastructure services.

  • The Group pioneered structural separation in Europe since 2015
  • Operations organised in two divisions:
    • telecommunication services division providing services to end users and
    • infrastructure division owning and operating telecommunication networks on a wholesale basis