Veon Ltd's Comment on Sales, Marketing and Customers
The company provides fixed-line telecommunications services in Pakistan, Ukraine, Kazakhstan, and Uzbekistan. It offers business-to-consumer and business-to-business over-the-top (OTT) services on mobile and fixed networks in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. Mobile telecommunications services include value-added and call completion services, national and international roaming, wireless internet access including 4G, mobile financial services (except in Bangladesh due to regulatory restrictions), and mobile bundles. In Bangladesh, the company is conducting national roaming trials with Banglalink and Teletalk. It holds interconnection agreements with mobile and fixed-line operators in Pakistan (including Azad Jammu and Kashmir and Gilgit-Baltistan), Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The agreements specify mobile termination rates (MTR) and international mobile termination rates (IMTR) for each country as of 2024 and 2025.
In a significant leap for telecommunications in Ukraine, Kyivstar, the country s leading mobile operator, has successfully launched direct satellite connectivity with Starlink a service provided by Elon Musk s SpaceX marking Ukraine as the first country in Europe to facilitate such a breakthrough. This innovative partnership not only signals advancements in technological infrastructure but also addresses critical connectivity issues faced by Ukrainians, especially in rural and conflict-affected areas.The advent of Starlink technology allows users to connect to the internet through satellite signals, bypassing traditional ground-based infrastructure that can be vulnerable to destruction or disruption, particu...
Veon Ltd Announces 2025 AGM and Board Nominees Amid Market Challenges Dubai, March 31, 2025 - In a significant development out of Dubai, VEON Ltd. (Nasdaq: VEON), a prominent global digital operator, has officially announced the schedule for its 2025 Annual General Meeting of Shareholders (AGM). The board of directors has set the date of the AGM for May 8, 2025, with the record date established as March 31, 2025. This announcement comes during a period where VEON s market performance is facing mixed signals, yet offering optimistic prospects for long-term investors.As of the writing of this article, VEON s share price on Nasdaq is positioned at $43.63. Despite recent pressures that have resulted in a -4.59...
In an era where digital infrastructure is increasingly seen as both a utility and a strategic asset, VEON Ltd. a global digital operator, is redefining its role through impactful initiatives in Pakistan and Ukraine. By intertwining sustainability and economic development, VEON demonstrates a forward-thinking approach that balances corporate growth with social responsibilities. VEON s Green Leap in Pakistan In a pioneering collaboration with Huawei, VEON s Pakistani subsidiary, Jazz, has announced plans to deploy solar power across 1,000 sites in Pakistan. This endeavor reflects VEON’s commitment to sustainable energy solutions, marking a significant step in reducing carbon emissions and lowering operationa...
In a significant move within the telecommunications sector, VEON Ltd. the global digital operator, has officially relocated its headquarters from Amsterdam to Dubai, United Arab Emirates. This transition, announced on 19 December 2024, marks a pivotal moment in VEON’s journey towards enhancing its international presence and leveraging the dynamic business environment of the Middle East.The decision to move the headquarters comes at a time when the demand for digital services is experiencing an unprecedented surge across emerging markets. As VEON seeks to extend its reach, Dubai emerges as an attractive hub, offering a rich tapestry of innovation, technology, and investment opportunities. The United Arab Em...
VEON s Kyivstar Boosts Connectivity in Ukraine with UAH 1.4 Billion Spectrum Investment Amsterdam, Dubai and Kyiv, 20 November 2024 VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a pioneering global digital operator, is set to revolutionize the Ukrainian telecommunications landscape. VEON s subsidiary, Kyivstar, has triumphantly secured key spectrum assets, reinforcing its commitment to delivering stellar digital services in the region.This strategic acquisition of 2x5 MHz in the 2100 MHz band and a further 40 MHz in the 2300 MHz band is a decisive step in future-proofing Ukraine s digital infrastructure. By acquiring these spectrum licenses at a recent auction conducted by Ukraine s National Commis...
VEON Ltd. a global digital operator headquartered in Amsterdam, continues to strengthen its presence in the Eurasian telecommunications market through a series of strategic decisions and partnerships. The company, which operates under the Beeline brand in Uzbekistan, recently signed a Memorandum of Understanding (MoU) with the GSMA, a leading industry organization, and the Ministry of Digital Technologies of Uzbekistan. This partnership aims to hold the M360 Eurasia 2025 conference in Tashkent on May 20-21, 2025. The event is expected to be a pivotal platform for discussing the future of mobile and digital innovations in the region, highlighting Uzbekistan s growing significance in the telecom landscape.In a...
In a significant move that underscores the shifting landscape of global business, VEON Ltd. has announced its decision to relocate its headquarters from Amsterdam to the bustling Dubai International Financial Center (DIFC). The decision, approved by the Group s Board of Directors, is set against the backdrop of Dubai s rapid emergence as a key player in the realm of global digital operations. This strategic relocation is more than just a change of address; it s a testament to VEON s commitment to harnessing the advantages of a region that has increasingly positioned itself as a nexus for innovation and technology. Since establishing its operational hub in Dubai in early 2022, VEON has witnessed firsthand the...
VEON Strengthens Leadership Team in Dubai Amidst Financial Challenges Amsterdam and Dubai, 30 September 2024 In a strategic move to bolster its leadership and operational effectiveness, VEON Ltd. has appointed two senior executives to its Group Leadership Team, enhancing its presence in Dubai s rapidly growing business landscape. Anand Ramachandran steps in as the Chief of Staff to Group CEO Kaan Terzioglu, while Inanc Cakiroglu takes on the critical role of Group Chief Information Officer (CIO). Both executives will operate from VEON s expanding hub in Dubai, reflecting the company s commitment to strengthening its organizational framework and enhancing its digital service offerings.This leadership expa...
VEON Bonds Set for Re-Entry into Major Emerging Markets Indices: A Strategic Move in an Evolving Landscape In a significant development for investors and market participants, VEON Ltd. has announced that its bonds will be re-integrated into the J.P. Morgan Emerging Markets Corporate Bond Indices (CEMBI, JACI, and JSEG) by the end of September 2024. This news, conveyed on September 27, 2024, represents a pivotal moment for VEON Holdings B.V. particularly regarding its 2027 Notes, which are set to mature in November 2027.Emerging as a key player in the digital connectivity and online services spectrum, VEON has continuously navigated the volatile waters of the global financial landscape. This re-entry not only...
Veon Ltd’s Comment on Sales, Marketing and Customers
The company provides fixed-line telecommunications services in Pakistan, Ukraine, Kazakhstan, and Uzbekistan. It offers business-to-consumer and business-to-business over-the-top (OTT) services on mobile and fixed networks in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. Mobile telecommunications services include value-added and call completion services, national and international roaming, wireless internet access including 4G, mobile financial services (except in Bangladesh due to regulatory restrictions), and mobile bundles. In Bangladesh, the company is conducting national roaming trials with Banglalink and Teletalk. It holds interconnection agreements with mobile and fixed-line operators in Pakistan (including Azad Jammu and Kashmir and Gilgit-Baltistan), Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The agreements specify mobile termination rates (MTR) and international mobile termination rates (IMTR) for each country as of 2024 and 2025.
Sources:
Veon ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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