e& has acquired controlling stake in PPF Telecom Group to extend its global footprint in Central and Eastern Europe (CEE)
Together, they’ll serve over 10 million customers across Bulgaria, Hungary, Serbia, and Slovakia.
This acquisition diverse e&’s operational reach to 38 countries.
e& is a global technology powerhouse focused on innovation, sustainability, and creating a more connected future.
PPF Telecom brings its regional expertise, deep knowledge and operational excellence to the partnership.
The telecom sector is evolving faster than a speeding bullet & the acquisition at the right moment leverage changing consumer behaviors and growing demand.
The partnership seeks growth and value creation through innovation enhancement, network operations synergies and customer service efficiency.
The new e& PPF Telecom entity will operate independently while leveraging combined strengths to enhance services.
The partnership aims to maximize synergies in accelerating the rollout of 5G and other advanced networks.
The acquisition of controlling stake in PPF Telecom by e& is a commitment to future growth and a better telecommunications landscape across Central and Eastern Europe.