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PPF Arena 1 B.V.

PPF Arena 1 is a leading telecommunications group in Central and Eastern Europe, consolidating PPF investments in the telecommunications sector (CETIN, O2 Czech Republic, Telenor CEE).

Operating through 7 companies in 6 countries in Central and Eastern Europe, PPF Arena 1 is a mid-sized telecommunications group. The group is strategically positioned in the region, successfully competing with Deutsche Telekom and Telekom Austria. Its scale and geographic diversification helps to protect profitability in case of adverse local trends. Transfer of best practice between the operating companies drives operational efficiencies. Investments in innovation and technology are applied across the CEE markets, driving high quality services and economies of scale. O2 Czech Republic and O2 Slovakia have their own management, business and financial strategies and policies, as the PPF Group treats O2 Group as a financial investment only.

PPF Arena 1: Key Business Highlights (consolidated)

	2018	2017
Total assets (EUR millions)	7,566	4,286
Revenue (EUR millions)	2,415	1,826
EBITDA (EUR millions)	940	704
Profit (EUR millions)	233	264
Number of employees	12,027	6,805

PPF Arena 1 B.V.
Strawinskylaan 933
1077 XX Amsterdam
The Netherlands

www.ppfarena1.eu

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