PPF Telecom invests in 5G networks

Published: 27.03.2023 Related countries:  South Africa South Africa

PPF Telecom invests in 5G networks

PPF Telecom Group's consolidated revenues for 2022 increased by 5.1% y/y to EUR 3.5bn. EBITDA after rental costs increased by 3% to EUR 1.5bn. The number of customers of the Group's mobile operators stood at 18 million at the end of the year. CAPEX (excluding the cost of purchasing mobile spectrum licences) increased by 25% due to the construction of 5G networks in Bulgaria, the Czech Republic, Hungary and Slovakia. The expansion of high-speed fibre optic internet services for households (FTTH) in the Czech Republic also contributed to the growth.

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