VEON to release 1Q 2024 trading update on 16 May 2024 VEON to release 1Q 2024 trading update on 16 May 2024 Amsterdam, 16 April 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today confirms that the Group will release its selected financial and operating results for the first quarter ended 31 March 2024, at or around 7:00 CEST (6:00 BST, 1:00 EST) on 16 May 2024. VEON will also host a results conference call with senior management at 14:00 CEST (13:00 BST, 8:00 EST) on the same da...
VEON management increases share ownership Amsterdam, 12 April 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces an increase in management’s ownership of VEON shares through awards under its existing equity incentive-based compensation plans. VEON is utilising certain of the 92,459,532 common shares issued to VEON Holdings BV, announced on 1 March 2024, to satisfy the awards made. Augie Fabela, Chair of the Remuneration and Governance Committee, commented on the awards set out in ...
VEON Pays Back Outstanding Balance and Cancels its Revolving Credit Facility Amsterdam, 28 March 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services (the “Company”), announces that it has repaid in full the outstanding balance of USD 805 million (principal, excluding accrued interest) under its revolving credit facility (“RCF”) and cancelled the RCF. The repayment of the outstanding amount and the cancellation of the RCF will reduce VEON’s interest expenses, in line with our effective cash a...
VEON Announces Sale of Stake in Beeline Kyrgyzstan, increasing the focus on its large markets Amsterdam, 26 March 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that it has signed an agreement for the sale of its 50.1% indirect stake in Beeline Kyrgyzstan to CG Cell Technologies, which is wholly owned by CG Corp Global. The sale is a part of VEON’s strategy to simplify the Group’s structure and focus on its large markets where it can create scale with its DO1440 digital operator ...
VEON delivered another good set of results today and gave FY24 guidance that is ahead of our forecasts at Revenue and EBITDA. The stock is down today, but we think that reflects profit taking after a very strong start to the year (+25% ytd) rather than being a reflection of these results.
VEON 4Q23 trading update: Strong organic growth in revenue and EBITDA, solid execution of VEON 2.0 strategy VEON 4Q23 trading update: Strong organic growth in revenue and EBITDA, solid execution of VEON 2.0 strategy Amsterdam, 21 March 2024 07:00AM CET – VEON Q4 and FY 2023 Highlights Q4 revenue of USD 953 million, +1.4% YoY (+17.9% YoY in local currency normalised) and EBITDA of USD 364 million, -20.4% YoY (+24.9% YoY in local currency normalised) FY revenue of USD 3,698 million, -1.5% YoY (+17.9% YoY in local currency normalised) and EBITDA of USD 1,609 million, -7.9% (+24.9% YoY in l...
Banglalink Gets Unified Licence to Deliver Superior Digital Services in Bangladesh The unified licence consolidates current licences and provides the groundwork for upcoming technologies Amsterdam and Dhaka, 18 March 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its leading innovative digital service provider in Bangladesh, has received a unified licence from the Bangladesh Telecommunication Regulatory Commission (BTRC). The newly issued licence combines existin...
VEON appoints PwC as 2023 auditors, provides updates on reporting timelines Amsterdam, Netherlands, 14 March 2024 : VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services (the “Company”), announces that it has now appointed PricewaterhouseCoopers Accountants N.V. for the audit of the Group’s consolidated financial statements for the year ended December 31, 2023 in accordance with International Standards on Auditing (the “ISA Audit”). The Company also announces that it expects to be delayed in reporting its a...
VEON to Hold Capital Markets Day on June 6, 2024 VEON to Hold Capital Markets Day on June 6, 2024 Amsterdam, 11 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that the company will hold a Capital Markets Day on Thursday, June 6, 2024. In order to indicate your interest in VEON’s 2024 Capital Markets Day, please register here: . This event is reserved for investors and analysts only. About VEON VEON is a digital operator that provides converged connectiv...
MSCI upgrades VEON to 'AA' ESG Rating Amsterdam, 4 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that, MSCI has raised the Company’s Environmental, Social, and Governance (ESG) rating to 'AA' from 'A'. This upgrade positions VEON within the ‘Leaders’ category amongst the 131 telecommunication services companies evaluated by MSCI, demonstrating our commitment to sustainable and ethical business operations. “Our 'AA' rating from MSCI demonstrates VEON’s success in integrating and imp...
VEON announces the issuance of previously authorized shares representing approximately 4.99% of total share capital VEON announces the issuance of previously authorized shares representing approximately 4.99% of total share capital Amsterdam, 1 March 2024 15:00 CET – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that its Board of Directors has approved the issuance of 92,459,532 of its authorized but unissued ordinary shares to fund its existing and future equity incentive-based compe...
VEON’s Kyivstar Awarded “Best Mobile Innovation Supporting Emergency or Humanitarian Situations” at GLOMOs Barcelona, 29th February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that Kyivstar, its wholly-owned operator in Ukraine, has received the GSMA’s Global Mobile Award – the GLOMO – for “Best Mobile Innovation Supporting Emergency or Humanitarian Situations” for its Network Resilience Project. Kyivstar CTO Volodymyr Lutchenko accepted the award in a ceremony organized as a p...
VEON launches ROX, its digital-first brand in Pakistan ROX to provide Pakistan’s digital-first generation with integrated content and services MWC24 Barcelona, 27 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, is launching ROX, a new mobile service brand to serve the digital natives of the country with an integrated lifestyle experience. ROX is designed to appeal to the digital-first generation of Pakistan and provides a rang...
Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open RAN to Rebuild Ukraine’s Digital Infrastructure Companies intend to take the first steps in implementation in 2024 Barcelona, February 26, 2024 – VEON, (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that its wholly-owned subsidiary Kyivstar and Rakuten Symphony, a subsidiary of the leading internet services company Rakuten Group have signed of a Letter of Intent (LoI) that confirms Kyivstar’s interest in procurin...
VEON Launches Geolocation Gateway, Enabling Proximity-Based Digital Services Initiative builds on GSMA Open Gateway framework, ensuring international interoperability Amsterdam and Tashkent, 21 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announced the launch of the Geolocation Gateway with the first implementation already in place in Uzbekistan. Building on the global framework for universal, open APIs (Application Programmable Interfaces) for enterprise developers, the Ge...
VEON to release 4Q 2023 trading update on 21 March 2024 VEON to release 4Q 2023 trading update on 21 March 2024 Amsterdam, 19 February 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today confirms that the Group will release its selected financial and operating results for the fourth quarter and full year ended 31 December 2023, at or around 7:00 CET (6:00 GMT, 1:00 EST) on 21 March 2024. VEON will also host a results conference call with senior management at 14:00 CET (13:00 GMT,...
Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine, Reaching Campaign Target Amsterdam and Kyiv, 14 February 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its wholly-owned subsidiary Kyivstar announced today that together with partners, Kyivstar raised 180 million hryvnas, or 4.8 million USD, for Ukraine’s demining within the scope of their “We Live Here” project. Kyivstar and charity foundation Come Back Alive initiated the fundraising campaign “We Live Here” in May 2023...
VEON’s Kyivstar Nominated for the GLOMO in “Best Mobile Innovation” for Emergency and Humanitarian Connectivity Amsterdam and Kyiv, 08 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announced that its wholly-owned subsidiary Kyivstar has been shortlisted for the ‘Best Mobile Innovation Supporting Emergency or Humanitarian Situations’ at the prestigious Global Mobile (GLOMO) Awards 2024. Ukraine’s market-leading digital operator Kyivstar received this nomination with its continuous wor...
Augmented Intelligence for Disaster Response: Beeline Kazakhstan Mobilises AI to Fight Forest Fires Amsterdam and Almaty, 6 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announced that its subsidiary Beeline Kazakhstan has deployed Orman-AI - an artificial intelligence-based monitoring system to detect forest fires. Both naturally and due to climate change, Kazakhstan is prone to devastating blazes, that spread fast across vast areas, are impossible to stop once started and ta...
VEON and Kyivstar set in motion their 600m USD investment plan with Kyiv visit, Mike Pompeo joins the delegation Kyiv, 5 February 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its wholly-owned subsidiary Kyivstar announce that they have now officially started the implementation of the 600 million USD investment commitment in rebuilding Ukraine, as initially announced in June 2023. VEON’s commitment to invest in Ukraine, including the 600 million USD plan that covers the three-year period fr...
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