reports
VEON Welcomes Expanded Kyivstar Free Float After the Successful Kyivst...
VEON Welcomes Expanded Kyivstar Free Float After the Successful Kyivstar Secondary Offering Dubai and New York, February 3, 2026 -- VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON”), notes that Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), Ukraine’s leading digital operator (“Kyivstar”), is pleased to announce the closing of a secondary public offering of 14,375,000 common shares of Kyivstar (the “Offering”), at a public offering price of USD 10.50 per share. The Offering, which was over-subscribed by 5 times, was closed on February 2, 2026, and included Kyivstar shares held by VEON...
- ABGSC Telecom Operators Research
- Herman Caspersen
- Øystein Elton Lodgaard
- Chris Hoare
Global EM Telcos & Towers – Strong start – NSR GEM Top-10 February ‘26...
Our portfolio of Top Picks has started 2026 strongly, up 6% ytd already. This month we make no changes to our top picks. This note also includes key news & other thoughts, to try to help investors generate alpha within the EM Telco space.
VEON Partners with MindBridge to Enhance Financial Analytics, Audit an...
VEON Partners with MindBridge to Enhance Financial Analytics, Audit and Internal Controls with Augmented Intelligence Capabilities Dubai and Ottawa, January 30, 2026: VEON Ltd. (NASDAQ: VEON), a global digital operator, and MindBridge, the leader in AI-powered financial intelligence, today announced a strategic collaboration to deploy artificial intelligence-powered analytics tools across VEON’s global operations. Under the collaboration, MindBridge will support VEON’s operating companies in finance, internal controls and internal audit with solutions that create standardized, scalable an...
- Chris Hoare
VEON (Buy, TP: $100, +79%) VEON & Kyivstar – Guidance upgrade and sec...
Kyivstar upgraded their guidance for FY25 ahead of earnings in March and also announced a secondary offering. This dilutes VEON's stake in Kyivstar to ~84% from ~90%, but has a negligible effect on our sum of the parts valuation. We think VEON and Kyivstar are likely to re-rate due to their digital exposure with VEON being one of our GEM Top Picks.
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held...
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON NEW YORK, New York, January 29, 2026 -- VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or, together with its subsidiaries, the “VEON Group”) notes that Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW) (“Kyivstar” or the “Company”), Ukraine’s leading digital operator, today announced the pricing of the public offering of 12,100,000 common shares held by VEON Amsterdam B.V., the principal shareholder of the Company, and 400,000 common shares held by certain other selling shareholders (collectively, the “Selli...
VEON Notes Kyivstar Group Publication of Selected Full Year 2025 Fina...
VEON Notes Kyivstar Group Publication of Selected Full Year 2025 Financial Information Dubai, January 28, 2026 — VEON Ltd. (Nasdaq: VEON) (“VEON”) notes that Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW) ( “Kyivstar” or “the Group”), Ukraine’s leading digital operator, has announced the Group’s preliminary estimates of selected unaudited financial information for the year ended December 31, 2025 compared to the Group’s actual financial results for the year ended December 31, 2024. Based on information currently available to management, and subject to uncertainties, for the year ended December...
- Chris Hoare
EM Tower Trends Q3 CY25 review: Solid quarter, especially in Africa
Tower revenue trends were slightly slower across the board except for Indus Towers as it benefited again from VIL’s network catch up spend. EBITDA margins were roughly stable across EM except in Indonesia which faces the near-term pressure of the XL-Smartfren consolidation. Africa continue to perform well and the LatAm Towers space had a decent Q3.
VEON Unveils the New Beeline Uzbekistan Network Operations Center, Lau...
VEON Unveils the New Beeline Uzbekistan Network Operations Center, Launches BuildX to Accelerate Software Development in Uzbekistan Dubai and Tashkent, January 26, 2026: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or, together with its subsidiaries, the “VEON Group”), today unveiled the new network operations center for Beeline Uzbekistan in Tashkent, in a ceremony attended by Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan, and Kaan Terzioglu, VEON Group CEO as well as Beeline Uzbekistan board members and its executive team. Today, VEON also launched Build...
Telenor Group's results invitation for the fourth quarter 2025
Telenor Group's results invitation for the fourth quarter 2025 Join us for Telenor Group’s results for the fourth quarter 2025.When: Friday 6 February 2026, 09.00 CET / 08.00 UKT. The presentation will be held by Group CFO Torbjørn Wist, in the temporary absence of Group CEO Benedicte Schilbred Fasmer, due to a planned operation and a short-term sick leave. To view the webcast, without participating in the live Q&A, please visit: /investors/reports-and-information/quarterly/telenor-groups-results-for-the-4th-quarter-2025/ or visit Telenor.com/investors The presentation will be availab...
Invitasjon til Telenors resultatfremleggelse for fjerde kvartal 2025
Invitasjon til Telenors resultatfremleggelse for fjerde kvartal 2025 Telenor legger frem resultater for fjerde kvartal 2025. Når: Fredag 6. februar 2026 kl 9.00. Presentasjonen vil holdes av finansdirektør Torbjørn Wist, under et midlertidig fravær av konsernsjef Benedicte Schilbred Fasmer som følge av en planlagt operasjon og en kortvarig sykemelding. For å se webcast, uten å stille spørsmål, bruk denne linken: /investors/reports-and-information/quarterly/telenor-groups-results-for-the-4th-quarter-2025/ eller besøk Telenor.com/investors. Presentasjonen vil kun være til...
- Jan Frederik Slijkerman
- Jeroen van den Broek
- Jesse Norcross
- Nadège Tillier
- Timothy Rahill
- Russell Waller
- Chris Hoare
True Corp (Buy, THB 18, +59%) Telenor sells out of TRUE – implication...
Telenor has announced it is selling the majority of its stake in TRUE to a CP Group–affiliated company for THB 11.7, a 4% discount to the market price. In this brief note we discuss implications for TRUE, and thoughts for CelcomDigi.
- ABGSC Telecom Operators Research
- Herman Caspersen
- Øystein Elton Lodgaard
Telenor sells ownership in True Corporation
Telenor sells ownership in True Corporation Fornebu, Norway – January 22, 2026 – After 25 successful years in Thailand, Telenor has agreed to sell its stake in True Corporation for a total value of approximately NOK 39 billion. Telenor Group has signed an agreement with Arise Digital Technology Company Limited, a company owned by Khun Suphachai Chearavanont, to sell 24.95 percent of the shares in True at THB 11.70 per share. In addition, Arise and Telenor have agreed a mutual put/call option for the sale of the remaining 5.35 percent two years after closing of the initial sale at the hig...
Telenor selger seg ut av Thailand
Telenor selger seg ut av Thailand (Fornebu, 22. januar 2026) Etter 25 vellykkede år i Thailand har Telenor inngått avtale om å selge sin eierandel i True Corporation til en samlet verdi på rundt 39 milliarder kroner. Telenor Group har inngått avtale med Arise Digital Technology Company Limited, et selskap eid av Suphachai Chearavanont, om salg av 24,95 prosent av aksjene i True til THB 11,70 per aksje. I tillegg har selskapene en opsjon for salg av de resterende 5,35 prosentene to år etter gjennomføring av det første salget, til det høyeste alternativet av THB 11,70 per aksje eller marke...
- Chris Hoare
VEON (Buy, TP: $100, +85%) VEON – Feedback from Management NDR in Asi...
We hosted VEON management including the CFO and Head of Strategic Development in Hong Kong and Singapore last week. Operationally the message from the company continues to be strong. VEON operates in high risk countries, but has a quality, and technical capability that far exceeds similar sized EM Telcos in our view. We still see substantial upside in the stock and retain our Buy recommendation and US$100/ADR price target.
VEON’s Kyivstar Reaches 3.0 million Customers with Starlink Direct to ...
VEON’s Kyivstar Reaches 3.0 million Customers with Starlink Direct to Cell Services Dubai and Kyiv, January 15, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON”), today announced that Kyivstar (Nasdaq: KYIV; KYIVW), Ukraine's leading digital operator, has now reached over 3.0 million registered users for Direct to Cell satellite connectivity services, powered by Starlink. This user base corresponds to over 10% of Kyivstar’s mobile subscribers. Since the launching of the service on November 24, 2025, over 1.2 million SMS messages have been delivered via satellite connect...
VEON’s Kyivstar Launches 5G Pilot in Lviv
VEON’s Kyivstar Launches 5G Pilot in Lviv Lviv, January 12, 2026 – VEON, a global digital operator (Nasdaq: VEON), today announces that Kyivstar (Nasdaq: KYIV), Ukraine's leading digital operator and a VEON Group company, has launched a 5G test zone in the historical center of the city of Lviv in Ukraine. This marks Kyivstar’s first local pilot 5G project and is being implemented in coordination with the Ministry of Digital Transformation of Ukraine. The goal of the 5G pilot is to evaluate network performance in real-world urban conditions. Pending successful pilot testing in Lviv, Kyivsta...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.