{"id":54008,"date":"2020-08-14T12:00:56","date_gmt":"2020-08-14T12:00:56","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=293735"},"modified":"2020-08-14T12:00:56","modified_gmt":"2020-08-14T12:00:56","slug":"ppf-telecom-tipped-for-cee-exit","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/08\/14\/ppf-telecom-tipped-for-cee-exit\/","title":{"rendered":"PPF Telecom tipped for CEE exit"},"content":{"rendered":"

<\/p>\n

\tPPF Telecom Group was reportedly considering selling its Telenor-branded operations in Central and Eastern Europe (CEE) after a little more than two years of ownership, with cost cutting mentioned as its primary motive.<\/p>\n

Citing business development tool Mergermarket, Bulgarian newspaper Capital reported the group was looking to sell its assets in Bulgaria, Serbia, Montenegro and Hungary.<\/p>\n

The media outlet noted several suitors had expressed interest in purchasing the Bulgarian operations, including US-based investment company Providence Equity: it reportedly also made a bid for Vivacom in 2019, but lost out to Netherlands-based United Group [1].<\/p>\n

PPF Telecom Group bought the four Telenor CEE assets in 2018 [2] for \u20ac2.8 billion and did not rebrand them.<\/p>\n

The company last month split its CEE retail operations from its infrastructure, establishing CETIN Group [3] to oversee the networks side. At the time it argued the split would deliver \u201cgreater opportunities across CEE\u201d.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/united-group-seals-vivacom-deal
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telenor-agrees-e2-8b-cee-exit
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ppf-splits-cce-networks-from-retail-operations<\/p>\n\n

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PPF Telecom Group was reportedly considering selling its Telenor-branded operations in Central and Eastern Europe …<\/p>\n

The post PPF Telecom tipped for CEE exit<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"PPF Telecom tipped for CEE exit - ITTeacherITFreelance.hk","description":"PPF Telecom Group was reportedly considering selling its Telenor-branded operations in Central and Eastern Europe ... The post PPF Telecom tipped for CEE exit a"},"footnotes":""},"categories":[11,8],"tags":[4614,4615,4616,4617],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/54008"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=54008"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/54008\/revisions"}],"predecessor-version":[{"id":54009,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/54008\/revisions\/54009"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=54008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=54008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=54008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}