New Street Research - VEON Ltd. Sponsored ADR (VEON) VEON (Buy, TP: US$35/ADR, +73%) Tower sale in Bangladesh and Mike Pompeo joins Kyivstar’s BoD. Our take

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New Street Research

Chris Hoare

EUR 9179.00 For Business Accounts Only

VEON (Buy, TP: US$35/ADR, +73%) Tower sale in Bangladesh and Mike Pompeo joins Kyivstar’s BoD. Our take

VEON has announced the sale of 2,000 towers in Bangladesh today. This follows yesterday’s news that former US Secretary of State Mike Pompeo will join the Board of Directors of Kyivstar.

15/11/2023 1 EN

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VEON Ltd. Sponsored ADR

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US91822M1062 NASDAQ Stock Market United States

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New Street Research

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Chris Hoare

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VEON (Buy, TP: US$35/ADR, +73%) Tower sale in Bangladesh and Mike Pompeo joins Kyivstar’s BoD. Our take

VEON (Buy, TP: $40, +55%) Thoughts after the call

VEON (Buy, TP: $40, +57%) – Q1 24 Quick Take: On course for guided rapid growth in revenue

VEON (Buy, TP: $40, +69%) Feedback from small group lunch

Bible 1Q24 – Foundries: leading-edge strong; Trailing-edge correction playing out.

VEON (Buy, TP: $40, +55%) Thoughts after the call

Reddit (RDDT, Neutral, $54 target) Data licensing tracking our base case after OpenAI deal

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