E& PPF Telecom Group

e& PPF Telecom Group

Type	Private
Industry	Telecommunications
Founded	16 October 2013 (2013-10-16)
Headquarters	Amsterdam , Netherlands
Area served	Bulgaria Hungary Serbia Slovakia
Key people	Balesh Sharma (CEO)
Products	Mobile telephony Broadband fixed-line telephony IPTV telecommunications infrastructure
Revenue	€2.413 billion (2025)
Net income	€382 million (2025)
Owner	e& (50% + 1 share) PPF Group (50% − 1 share)
Number of employees	9,100 (2025)
Website	www.eandppftelecom.eu

e& PPF Telecom Group B.V. is a telecommunications holding company headquartered in Amsterdam, Netherlands, with operations in Bulgaria, Hungary, Serbia and Slovakia. It is controlled by Emirati telecommunications group e&, which owns 50% plus one share, while PPF Group owns the rest. The group provides telecommunications services through Yettel in Bulgaria, Hungary and Serbia and through O2 in Slovakia, while its telecommunications infrastructure businesses operate under the CETIN brand.

The company was incorporated in 2013 was named PPF Telecom Group B.V. since 2020. It assumed its current ownership structure and name in October 2024, when e& acquired a controlling stake in PPF's telecommunications businesses in Bulgaria, Hungary, Serbia and Slovakia. PPF's Czech telecommunications businesses, including O2 Czech Republic and CETIN Czechia, were excluded from the transaction and remained with PPF.