0
Wireless

Telenor to sell east Europe mobile operators to Czech PPF Group for EUR 2.8 bln

Wednesday 21 March 2018 | 08:46 CET | News
Telenor has agreed to sell its mobile operators in Hungary, Bulgaria, Montenegro and Serbia to Czech investment group PPF for EUR 2.8 billion. PPF already owns the Czech operator O2 and is buying Bulgarian TV group Nova from MTG. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Nova / O2 Czech Republic / Telenor / Telenor Bulgaria / Telenor Hungary / Telenor Montenegro / Telenor Serbia
Countries: Eastern Europe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodafone leads European consolidation, Liberty Global to focus on UK, others retreat or form new breeds of competitors

Published 01 Aug 2019 15:10 CET | Europe
Vodafone's takeover of four country operations from Liberty Global is an important development for the European telecoms sector. ...

PPF Group acquires Serbia's Telenor Banka

Published 22 Feb 2019 08:38 CET | Serbia
PPF Group has acquired 100 percent of Serbia's Telenor Banka from Telenor Group, having obtained the necessary regulatory ...

Telenor lifts dividend 4% as Thai activities weigh on results

Published 30 Jan 2019 09:10 CET | Scandinavia
Telenor reported a small drop in fourth-quarter results, hurt by weakness in Thailand and Myanmar, while meeting its full-year ...

MTG drops deal to sell Nova to PPF, starts talks with new potential buyers

Published 08 Jan 2019 12:06 CET | Bulgaria | Update: 08 Jan 2019 12:56 CET
Modern Times Group (MTG) said that it has secured a SEK 1 billion credit facility from Nordea, to provide more funding after the ...

PPF attracts 3 bidders for Telenor Serbia & Montenegro - report

Published 22 Nov 2018 09:38 CET | Serbia
Czech investment fund PPF has received three bids for Telenor's operators in Serbia and Montenegro, reports Investitor.me. The ...

King named CEO of Telenor Bulgaria

Published 24 Aug 2018 11:33 CET | Bulgaria
Jason King was appointed CEO of Telenor Bulgaria, effective 1 September. King worked in various senior leadership roles including ...

Telenor Hungary elects new executives

Published 10 Aug 2018 15:57 CET | Hungary
Telenor Hungary appointed new executives after the sale of the Telenor Group's Eastern European Business Unit to the PPF Group on ...

EC clears acquisition of Telenor companies by PPF Group

Published 31 Jul 2018 11:46 CET | Serbia
The European Commission has approved the acquisition of Telenor Bulgaria, Hungary, Serbia and Montenegro by Czech investor PPF ...

Kvam appointed chief corporate affairs officer of Telenor Group

Published 19 Jul 2018 09:05 CET | Bulgaria
Telenor Group appointed Anne Kvam as executive vice president and chief corporate affairs officer, effective latest 1 November. ...

Telenor organic growth slows in Q2, maintains FY outlook

Published 17 Jul 2018 08:49 CET | Scandinavia
Telenor said its underlying sales growth slow in the second quarter but maintained its full-year outlook for growth. On an ...

Telenor appoints CEOs of Thai, Myanmar units, reshuffles executive team

Published 19 Jun 2018 09:12 CET | Myanmar
Telenor Group has announced management changes in Asia, in addition to changes in the Group staff functions. The board of ...

PPF Group to acquire Serbia-based Telenor Banka

Published 18 Jun 2018 10:37 CET | Serbia
PPF Group announced that it will acquire 100 percent of Serbia-based Telenor Banka from Telenor Group, subject to obtaining the ...

Wat KPN te wachten staat: consolidatie en glasvezel

Published 17 May 2018 08:53 CET | Netherlands
Maximo Ibarra staat sinds kort aan het roer bij KPN. Er is geen groei door druk op de zakelijke markt en in mobiel, waar alleen ...

Telenor underlying revenues up 1% in Q1, margins improve after cost cutting

Published 24 Apr 2018 09:25 CET | Scandinavia
Telenor reported underlying service revenues up 1 percent in the first quarter, in line with its full-year outlook for 1-2 ...

O2 Slovakia transfers profit to O2 Czech Republic

Published 23 Mar 2018 10:27 CET | Czech Republic
O2 Czech Republic will transfer EUR 47.2 million of O2 Slovakia's 2017 profit, equivalent to approximately CZK 1.2 billion, to ...

Modern Times Group sells 95% stake in Nova Broadcasting to PPF Group

Published 19 Feb 2018 12:17 CET | Bulgaria
Modern Times Group (MTG) said it is selling its 95 percent shareholding in Nova Broadcasting Group in Bulgaria to PPF Group, the ...

Czech PPF group interested in Telenor CEE assets - report

Published 07 Feb 2018 11:22 CET | Eastern Europe
Czech investment fund PPF, owned by Peter Kelner, is reportedly interested in buying Telenor's operations in Central and Eastern ...

Telenor confirms talks to sell CEE mobile business

Published 26 Jan 2018 14:28 CET | Hungary
Telenor has confirmed reports that it's in talks to sell its mobile operations in Central and Eastern Europe. The Norwegian ...

O2 Czech Republic to get new CEO from January

Published 19 Dec 2017 13:02 CET | Czech Republic
O2 Czech Republic has appointed Jindrich Fremuth as its new CEO from January. Fremuth will replace Tomas Budnik, who leaves after ...





Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Analog Devices fiscal Q3
21 Aug Zayo fiscal Q4
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug China Telecom H1 2019
22 Aug VMware fiscal Q2
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug MNF Group FY results
27 Aug Connected Health Summit
::: More Calendar Items