Yettel Serbia is a privately owned telecommunications company founded in 2022 and headquartered in Serbia. Employing approximately 1720 people, it offers mobile, fixed-line, internet, and IPTV services. Its parent companies are e& and PPF Group, with PPF being the Czech investment group primarily responsible for its ownership. The company's most recent annual revenue (2024) was below $1 billion.
On January 9, 2025, Yettel participated in a humanitarian initiative providing smartwatches to twelve children. On February 12, 2025, e& PPF Telecom Group announced the signing of a binding agreement to acquire 100% of Serbia Broadband (SBB) for €825 million. SBB has over 700,000 active customers in Serbia. The acquisition was also announced on February 13, impacting both Sportklub and Arena sport services for Yettel and SBB customers. In 2024, Yettel experienced a 0.1% increase in its mobile customer base, reaching 3.03 million. Contract customers now constitute 68% of the total customer base. Yettel also introduced an additional registration method for prepaid numbers via the Electronic identification portal (eID).
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Yettel Serbia offers 5 products in the media and telecoms services industry. Yettel Serbia's product portfolio comprises of media and TV services, consumer electronics and telecoms services.
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Yettel Serbia's revenues were less than $1B in 2024. Caretta Research has split Yettel Serbia's revenue into 5 different product categories, the largest of which is mobile services. For full access to Yettel Serbia's revenue breakdown subscribe to Caretta Portal.
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