CETIN Group consolidates wholesale providers of fixed and mobile telecommunications infrastructure to all telecommunications operators on equal and transparent footing.
CETIN Group consolidates wholesale providers of fixed and mobile telecommunications infrastructure to all telecommunications operators on equal and transparent footing.
The Group’s mission is to be a leader in providing telecommunication infrastructure services across the CEE region.
CETIN subsidiaries operate in Czechia, Hungary, Bulgaria and Serbia. Their anchor customers are telecommunications operators from PPF Telecom Group, operating under O2 and Yettel brands.
Cetin Group
PPF Group was the first to execute a voluntary separation of infrastructure from an integrated operator. The 2015 spinoff of CETIN Czechia was followed by a similar divestiture in Hungary, Bulgaria, and Serbia in 2020. These entities were consolidated under CETIN Group from since 2021. CETIN subsidiaries provide their services to any telecommunications operators on a non-discriminatory basis. Being focused on infrastructure, CETIN companies are able to deploy optimal end-to-end solution for every requirement, rationalise long-term infrastructure planning, and utilise procurement scope and scale synergies.
2022 | 2021 | 2020 | |
PPF Group share (%) | 70* | 100* | 100 |
Net profit (EUR millions) | 224 | 242 | 98 |
Assets (EUR millions) | 3,733 | 3,588 | 3,468 |
Equity (EUR millions) | 1,016 | 866 | 1,663 |
Number of employees | 2,983 | 2,923 | 2,172 |
*30% stake sold to GIC, Singapore in March 2022
Chief Executive Officer of CETIN Group
Strawinskylaan 933
1077 XX Amsterdam
The Netherlands
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