e& PPF Telecom Acquires 100% Stake in Serbia Broadband for EUR 825 Million
e& PPF Telecom has acquired a 100% stake in Serbia Broadband (SBB) for EUR 825 million ($891 million), funded through secured debt. The acquisition expands e&’s footprint in Central and Eastern Europe, diversifying revenue sources, and will see the integration of SBB with its Serbian mobile subsidiary, Yettel.
