Operating in 38 countries across the Middle East, Africa, Asia, and Central and Eastern Europe, e& expanded further in October 2024 by acquiring a controlling stake in PPF Telecom's assets in Bulgaria, Hungary, Serbia, and Slovakia for $2.3 billion, plus an adjustment of $216 million to account for lower debt position and better working capital of e& PPF Telecom. In Q1 2025, e&'s total subscriber base grew 12.9% year-on-year to 194.8 million, with e& U.A.E. adding 800,000 new customers, reaching 15.3 million. In March 2025, the company sold its 40% stake in Khazna for $2.2 billion, realizing a $1.4 billion pre-tax capital gain.