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Veon ltd   (NASDAQ: VEON)
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Veon Ltd 's

Competitiveness


 

VEON Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Veon Ltd reported Revenue decrease in the 4 quarter 2023 year on year by -1.52 %, despite the revenue increase by the most of its competitors of 5.98 %, recorded in the same quarter.

List of VEON Competitors





Revenue Growth Comparisons




Net Income Comparison


Veon ltd , slower than the average decrease reported by the company's competitors of -74.61 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -74.61 %

<<  VEON Stock Performance Comparisons



  

Overall company Market Share Q4 2023

Overall company, revenue fell by -1.52 % and company lost market share, to approximately 3.78 %.




<<  More on VEON Market Share.
 
*Market share is calculated based on total revenue.

  News about Veon ltd Contracts

VEON?s Growth Playbook Financial Resilience Meets Innovative Technology and Shareholder Rewards,

December 13, 2024
VEON s Strategic Moves: Financial Growth, Innovative Partnerships, and Shareholder Reward Programs In a series of announcements that underscore its strategic focus on growth and innovation, VEON Ltd. (Nasdaq: VEON), a global digital operator, has recently revealed its unaudited interim condensed consolidated financial statements for the third quarter and nine months ended September 30, 2024. The company s performance reflects resilience and an ongoing commitment to maintaining a strong market position amid fluctuating global economic conditions. Financial Performance Highlights for Q3 and 9M 2024 On December 13, 2024, VEON disclosed key figures that provide insights into its financial health. Following its t...

Kazakh-Language LLM Launch Signals Technological Leap Amid VEONs Financial Challenges

December 11, 2024
In a significant development for the digital transformation of Kazakhstan, VEON Ltd. has announced the launch of an open-source Kazakh-language large language model (LLM), dubbed Kaz-LLM. This groundbreaking initiative is the result of a strategic partnership involving key stakeholders such as the Ministry of Digital Innovations and Aerospace Industry, the Institute of Smart Systems and Artificial Intelligence at Nazarbayev University (ISSAI NU), and local technology firm QazCode, part of the VEON conglomerate.On December 11, 2024, representatives from Dubai, Amsterdam, and Astana convened to celebrate the unveiling of Kaz-LLM. This advanced language model aims to foster linguistic inclusivity in an increasi...

VEONs Strategic Moves Enhance Its Global Footprint and Fortify Operations in Ukraine and Pakistan

December 5, 2024
In recent weeks, VEON Ltd., a global digital operator based in Amsterdam, has announced significant steps to strengthen its operational footprint in both Ukraine and Pakistan, aligning with its long-term strategy of optimizing its assets and enhancing stability in volatile markets.On December 5, 2024, VEON declared a strategic partnership with Engro Corporation Limited, a leading conglomerate in Pakistan. This collaboration focuses on pooling and managing telecommunications infrastructure assets, marking a pivotal development in enhancing connectivity and service delivery in Pakistan. The partnership aims to leverage Engro s extensive local expertise and infrastructure capabilities, setting the groundwork fo...

JazzCash and BISP Join Forces to Empower Women in Pakistan Amid Stronger Market Performance for VEON Ltd.

November 5, 2024
In a notable development aimed at tackling poverty in Pakistan, JazzCash, the fintech arm of VEON Ltd., has partnered with the Benazir Income Support Programme (BISP) to facilitate cash disbursements to women beneficiaries. This initiative, announced on November 5, 2024, marks a significant step in efforts to enhance financial inclusion and support vulnerable populations, particularly women who are often the most affected by economic challenges.The collaboration aims to channel government-provided cash support directly to eligible women in Pakistan, affirming a commitment to combating poverty through targeted assistance. The first phase of disbursements has already been successfully completed across three ci...

Top Legal Mind in Digital Connectivity VEONs Omiyinka Doris Recognized Among Worlds Best,

September 13, 2024
VEON s Omiyinka Doris: Leading Legal Expertise in the Digital Age Amsterdam, 13 September 2024 - VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), the global digital operator renowned for its innovative connectivity and online services, has an exciting reason to celebrate. Omiyinka Doris, the company s esteemed Group General Counsel, has been lauded by the Financial Times (FT), earning a coveted spot among the world s top 15 in-house legal leaders in FT s annual prestigious list.The inclusion of Doris in this elite circle underscores her outstanding contributions to the legal landscape, particularly within the realms of technology and telecommunications. Her accolade brings not just personal recognition ...

VEON?s Jazz Secures Record PKR 75 Billion Credit Facility, Paving the Way for Major Digital Growth in Pa...

July 22, 2024
Amsterdam and Karachi, 22 July 2024 : VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global leader in digital connectivity and online services, today announced a landmark achievement for its subsidiary in Pakistan, Jazz. Jazz has successfully secured the nation s largest long-term private sector syndicated credit facility, amounting to up to PKR 75 billion (approximately USD 270 million), set to catapult its growth ambitions further. Empowering Growth in Pakistan?s Digital Landscape This unprecedented 10-year financing deal is poised to drive Jazz s expansion as the leading provider of 4G connectivity and digital services to millions of consumers and enterprises in Pakistan. The infusion of funds is expecte...

VEON Fortifies Kyivstar Against Blackouts, Unveils Bold Growth Plans and Leadership Overhaul for 2024 ...

July 17, 2024
In an effort to address the growing challenge of power blackouts, VEON Ltd. s Kyivstar, Ukraine s leading telecommunications operator, has announced a significant enhancement to its energy resilience. The company has deployed a fleet of industrial-grade generators designed to ensure uninterrupted connectivity for its customers. This move marks a critical step in maintaining reliable network services in the wake of increasing power instability.Kyivstar Attributes Resiliency to Generator FleetKyivstar s initiative to bolster its network s energy resilience is pivotal, especially in the context of Ukraine s ongoing energy supply issues. By deploying a robust fleet of industrial-grade generators, Kyivstar ensure...

VEON Secures Nasdaq Extension for 2023 20-F Filing to Regain Compliance

July 9, 2024
Amsterdam, 9 July 2024 - VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a globally renowned digital operator specializing in converged connectivity and online services, has been granted an extension by Nasdaq to file its Annual Report on Form 20-F for the fiscal year ending December 31, 2023. The company had initially delayed the filing, citing various internal and external challenges.VEON confirmed that Nasdaq accepted the company s plan submitted on May 29, 2024, which outlined steps to regain compliance with Nasdaq s listing rules. The plan submission was necessitated by the company?s delayed filing of its 2023 20-F. According to Nasdaq rules, listed companies are required to adhere to specific timelines ...

VEON Reinforces Strategic Leadership with New Board Appointments; Founder Au...

May 31, 2024
VEON Announces New Board of Directors and Appoints Founder Augie Fabela as Chairman Amsterdam, 31 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator known for providing converged connectivity and a suite of online services, has made significant strides in strengthening its corporate governance. In its latest Annual General Meeting (AGM) held today, VEON s shareholders approved a new, highly experienced slate of seven directors for its Board of Directors. This refreshing change aims to bolster the company s growth trajectory and ensure a robust strategic oversight in the coming years. New Appointments and IncumbentsVEON s newly elected Board of Directors presents a stimu...

Banglalink and Robi Axiata to Explore Network Sharing for Enhanced 4G in Bangladesh'

May 20, 2024
VEON s Banglalink and Robi Axiata Partner to Explore Network Sharing for Expanded 4G Access in Bangladesh _Amsterdam and Dhaka, 20 May 2024_ VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a prominent global digital operator, has announced a significant collaboration aimed at enhancing digital connectivity in Bangladesh. Banglalink, VEON?s digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi Axiata, the second-largest mobile operator in Bangladesh and a subsidiary of Axiata Group. The MoU details the intent of both companies to explore opportunities for sharing and optimizing their network resources. By working together, Banglalink and Robi Axiata aim to expand 4G co...





Publicly Traded Peers of Veon ltd




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Profile

America Movil Sab De Cv is a telecommunications company that operates in 25 countries across the Americas. Its business model focuses on providing mobile and fixed-line voice and data services, broadband internet, and pay television to residential and commercial customers. The company's strategy revolves around expanding its network infrastructure, improving customer experience, and offering bundled services to increase revenue and market share in the highly competitive telecommunications industry.

More about America Movil Sab De Cv's Market Share

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More about Ormat Technologies Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
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Telef nica S a
Share Performance



-2.92%
This Year



Telef nica S a
Profile

Telefónica S.A. operates on a telecommunications business model, providing a wide range of services including mobile and fixed-line telephony, broadband and network connectivity, digital services, and IT solutions to both residential and business customers. The company generates revenue through user subscriptions, data usage, and value-added services, while also focusing on creating strategic partnerships and expanding into new markets to drive growth. Telefónica S.A. aims to deliver reliable and innovative telecommunications solutions to its global customer base while maintaining a strong competitive position in the industry.

More about Telef nica S a 's Market Share

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Vodafone Group Public Ltd Co
Share Performance



-3.43%
Over The Past 5 Days



Vodafone Group Public Ltd Co
Profile

Vodafone Group Public Ltd Co operates as a telecommunications company, providing a range of services like voice, data, and messaging to both individuals and businesses. Their business model focuses on leveraging their vast network infrastructure and digital technologies to deliver reliable and innovative communication solutions to customers worldwide. They generate revenue through various channels, including service subscriptions, data usage, roaming charges, and sales of devices and accessories.

More about Vodafone Group Public Ltd Co's Market Share

Market Cap. Revenues TTM Net Income TTM
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Sources: Veon ltd and all companies mentioned above in this report


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