Yettel Bulgaria is the largest mobile telecommunications provider in Bulgaria by revenue and second largest by subscriber market share with more than 3.2 million active users.
Retail operators
Yettel Bulgaria is the largest mobile telecommunications provider in Bulgaria by revenue and second largest by subscriber market share with more than 3.2 million active users.
In Bulgaria, Yettel connects over 3 million users with people, devices, and businesses. With a network of more than 180 stores, Yettel ensures convenient access across the country, while its award-winning mobile network reaches over 99% of the population. Yettel’s network has also been recognized with seven Best in Test certifications by the independent benchmarking organization umlaut, setting a standard for excellence in coverage and reliability.
As the first and only telecom in Bulgaria to be certified as a Top Employer, Yettel demonstrates its commitment to high-quality employer practices and policies, ensuring a supportive environment for employees and outstanding service for customers.
e& PPF Telecom Group’s share in Yettel Bulgaria EAD is 100%.
In 2018, the Group agreed to purchase Yettel’s assets in Central and Eastern Europe. After obtaining the necessary regulatory approval, the transaction was settled at the end of July 2018. Following the closing of said transaction, the Group became the sole owner of Yettel’s assets in Hungary, Bulgaria, Montenegro, and Serbia. Telenor has been active in Central and Eastern Europe for 25 years. In 2013, Yettel entered the Bulgarian market by acquiring Globul.
Country Manager: Jason King
population (Dec 2017) | 7.1 million |
ownership by PPF | since 2018 |
Yettel Bulgaria | 2023 |
employees | 1,854 |
mobile subscribers (thousands) | 3,235 |
mobile ARPU | 11.6 €/m |
fixed broadband subscribers (thousands) |
70 |
Pay TV subscibers (thousands) | 35 |
fixed voice lines (thousands) | 101 |
in EUR millions | 2023 | 2022 | 2021 |
Total assets | 555 | 507 | 500 |
Revenue | 503 | 456 | 427 |
EBITDA | 151 | 157 | 134 |
CAPEX | 56 | 31 | 41 |
* based on audited financial accounts |
Mladost 4, Business Park Sofia 6
1766 Sofia
Bulgaria
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