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CETIN infrastructure

CETIN Hungary

CETIN Hungary was established by separation of telecommunication infrastructure from Telenor Hungary (rebranded to Yettel in March 2022) in July 2020.

As of March 2024, PPF Group held 25% stake in CETIN Hungary through TMT Hungary Holdco B.V., a company outside the perimeter of PPF Telecom Group B.V.

The company provides mobile network services mainly for Telenor Hungary.

CEO: Judit Kübler-Andrási

Financial results

in EUR millions 2023 2022 2021
Total assets 509 410 424
Revenue 175 131 128
EBITDA 119 96 100
CAPEX 81 61 44
Kontakt

Contacts

CETIN Hungary

Pannon út 1
2045 Törökbálint
Hungary