Virgin Mobile CEE

Warsaw, Poland Telecommunications Acquired

Virgin Mobile CEE (operating as Virgin Mobile Polska) is the largest and longest-operating mobile virtual network operator (MVNO) in Poland. Launched in late 2012 as a Virgin Group brand licensee targeting Central and Eastern Europe, the company built its subscriber base on the Play (P4) network infrastructure, offering both prepaid and post-paid mobile services with a focus on transparent pricing and youth-oriented marketing. The CEE platform originally planned multi-market expansion (including a Turkey launch funded by a 2014 EUR40m round), but operations consolidated around the Polish business. After receiving financial support from Play beginning in 2018, Virgin Mobile Polska was fully acquired by Play (P4 Sp. z o.o.) on 9 August 2020 for EUR13.4m (PLN59m) on a cash- and debt-free basis. The brand has been retained and continues to operate within the Play Communications / iliad group, serving customers via the Play network with 5G access and the Play24 app integration.

Acquired

Virgin Mobile CEE has been acquired

Acquired by Play (P4 Sp. z o.o. / Play Communications S.A.) August 9, 2020 EUR13.4M / PLN59M (~$15.8M)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Employees

51–200

Total Funding

$67.5M

2 rounds

Funding

Total raised $67.5M across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Growth Equity

Date

July 29, 2014

Amount

EUR40M (~$54M)

Valuation

Lead Investors

Delta Partners Emerging Markets TMT Growth Fund II
DateRoundAmount RaisedValuationLead Investors
July 29, 2014 Growth Equity EUR40M (~$54M) Delta Partners Emerging Markets TMT Growth Fund II
July 2014 Growth Equity (Delta Partners commitment) Up to EUR10M (~$13.5M; subset of EUR40M round) Delta Partners Emerging Markets TMT Growth Fund II

Leadership

  • Grażyna Piotrowska-Oliwa

    Former CEO (2018-2020)

  • Łukasz Wejchert

    Founder

  • Grzegorz Bartosik

    Chief Operations Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Play (P4)

    Poland's largest MNO (now part of iliad group); was Virgin Mobile Polska's network host and ultimately its acquirer in 2020.

  • Orange Polska

    Major Polish telecom operator and direct competitor in mobile services; publicly listed on Warsaw Stock Exchange (OPL).

  • T-Mobile Polska

    Polish subsidiary of Deutsche Telekom; major MNO competitor in prepaid and postpaid mobile segments.

  • Plus (Polkomtel)

    Polish MNO owned by Cyfrowy Polsat; competes across mobile, broadband, and convergent telecom offerings.

  • Mobile Vikings (Cyfrowy Polsat group)

    Polish MVNO/MNO challenger brand targeting younger, data-heavy users; direct MVNO segment competitor.

  • Lycamobile Polska

    International prepaid MVNO operating in Poland, focused on international calling and prepaid segments.

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Data collected with AI, which can make mistakes. Please double-check this information.