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Veon ltd   (NASDAQ: VEON)
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Description of Veon Ltd's Business Segments


Veon Ltd, a multinational telecommunications company formerly known as VimpelCom, has evolved into a comprehensive provider of diverse telecommunications products and services. By catering to various market segments and regions, the company plays a significant role in the global telecommunications landscape. Below is an extensive description of Veon Ltd's segments, products, and services.

1. Geographic Segments
Veon Ltd operates in multiple geographic segments, leveraging its subsidiaries to provide tailored services for each region:

- Russia: The company operates through Beeline Russia, delivering expansive mobile and fixed-line telecommunications services, including voice and internet services.

- Pakistan: Under the Jazz brand, Veon Ltd provides mobile communication services, enhancing connectivity for millions of customers while continuing to innovate with digital financial services.

- Bangladesh: Operating through Banglalink, the company focuses on providing affordable mobile services, contributing significantly to the countrys telecommunications infrastructure.

- Algeria: Djezzy, the subsidiary in Algeria, offers comprehensive mobile telecommunications services, helping to connect the region with voice and data services.

- Ukraine: Through Kyivstar, Veon Ltd provides robust mobile and fixed-line communications, leveraging advanced technologies to support both personal and enterprise needs.

Products and Services
Veon Ltd offers a broad suite of telecommunications products and services, designed to meet the diverse needs of its customer base:

- Mobile Telecommunications Services: A core offering across all geographic segments, includes:
- Voice and mobile data services, supporting 4G and increasingly advancing towards 5G.
- SMS and MMS messaging services, along with multimedia features for enhanced communication.
- International roaming services, allowing customers to stay connected while traveling.

- Fixed-Line Telecommunications Services: Available in select regions, offering:
- High-speed internet and broadband services.
- VoIP (Voice over Internet Protocol) services, enabling efficient and cost-effective voice communication.

- Home Services: These include:
- Digital TV and video streaming services that enhance home entertainment.
- Smart home solutions, including IoT (Internet of Things) applications to integrate connected devices into everyday life.

- Corporate Services: Tailored solutions for businesses include:
- Dedicated internet access and data solutions.
- Unified communications platforms for seamless collaboration and productivity.

- Cloud Services: Veon Ltd is also involved in the cloud computing space, providing:
- Infrastructure as a Service (IaaS) for scalable computing resources.
- Platform as a Service (PaaS) for developers to build and deploy applications.
- Software as a Service (SaaS) for businesses to access software applications over the internet.

Value-Added Services
To enhance the user experience and cater to emerging customer needs, Veon Ltd provides an array of value-added services:

- Entertainment Services: These enrich customer engagement and leisure time through:
- Exclusive music and video streaming services.
- Interactive gaming platforms for a dynamic user experience.
- Social networking applications that foster community interactions.

- Financial Services: A range of mobile financial solutions includes:
- Mobile banking applications allowing users to manage finances seamlessly.
- Mobile payment systems enabling secure transactions through smartphones.

- E-commerce Services: Veon Ltd supports a growing digital economy in its markets by offering:
- E-commerce platforms where users can buy goods and services conveniently online.
- Partnership integrations with local vendors to provide a wider range of choices.

- Security and Monitoring Services: Addressing digital safety, these services provide:
- Cybersecurity solutions to protect against digital threats.
- Parental controls for monitoring and managing childrens online activities.
- Fraud prevention measures to safeguard financial transactions.

In summary, Veon Ltd stands out as a major player in telecommunications, backed by a diverse range of services and products designed to foster connectivity and drive innovation. The company's operations span critical geographic segments, leveraging local expertise through its subsidiaries to meet the unique needs of customers, from individuals to large enterprises. With a strong focus on enhancing digital experiences through technology, Veon Ltd is strategically positioned in the ever-evolving telecommunications industry.




Annual Report on Veon ltd Divisions, Sales by Country

 
Pakistan   Pakistan Segment contribution to total sales 30.26 % of total Revenue
Ukraine   Ukraine Segment contribution to total sales 24.85 % of total Revenue
Kazakhstan   Kazakhstan Segment contribution to total sales 20.93 % of total Revenue
Bangladesh   Bangladesh Segment contribution to total sales 15.41 % of total Revenue
Uzbekistan   Uzbekistan Segment contribution to total sales 7.25 % of total Revenue
Others   Others Segment contribution to total sales 1.49 % of total Revenue
HQ and eliminations   HQ and eliminations Segment contribution to total sales 0.03 % of total Revenue
Mobile   Mobile Segment contribution to total sales 90.91 % of total Revenue
Mobile Pakistan   Mobile Pakistan Segment contribution to total sales 27.61 % of total Revenue
Mobile Ukraine   Mobile Ukraine Segment contribution to total sales 23.23 % of total Revenue
Mobile Kazakhstan   Mobile Kazakhstan Segment contribution to total sales 16.31 % of total Revenue
Mobile Bangladesh   Mobile Bangladesh Segment contribution to total sales 15.17 % of total Revenue
Mobile Uzbekistan   Mobile Uzbekistan Segment contribution to total sales 7.22 % of total Revenue
Mobile Others   Mobile Others Segment contribution to total sales 1.49 % of total Revenue
Mobile HQ and eliminations   Mobile HQ and eliminations Segment contribution to total sales -0.11 % of total Revenue
Fixed   Fixed Segment contribution to total sales 5.79 % of total Revenue
Fixed Pakistan   Fixed Pakistan Segment contribution to total sales 0.51 % of total Revenue
Fixed Ukraine   Fixed Ukraine Segment contribution to total sales 1.43 % of total Revenue
Fixed Kazakhstan   Fixed Kazakhstan Segment contribution to total sales 3.95 % of total Revenue
Fixed HQ and eliminations   Fixed HQ and eliminations Segment contribution to total sales -0.11 % of total Revenue


Twelve months ended 2023
VEON s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Pakistan 1,119.00 30.26 %
Ukraine 919.00 24.85 %
Kazakhstan 774.00 20.93 %
Bangladesh 570.00 15.41 %
Uzbekistan 268.00 7.25 %
Others 55.00 1.49 %
HQ and eliminations 1.00 0.03 %
Mobile 3,362.00 90.91 %
Mobile Pakistan 1,021.00 27.61 %
Mobile Ukraine 859.00 23.23 %
Mobile Kazakhstan 603.00 16.31 %
Mobile Bangladesh 561.00 15.17 %
Mobile Uzbekistan 267.00 7.22 %
Mobile Others 55.00 1.49 %
Mobile HQ and eliminations -4.00 -0.11 %
Fixed 214.00 5.79 %
Fixed Pakistan 19.00 0.51 %
Fixed Ukraine 53.00 1.43 %
Fixed Kazakhstan 146.00 3.95 %
Fixed HQ and eliminations -4.00 -0.11 %
Total 3,698.00 100 %


Twelve months ended 2023
VEON s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -2,450.00 -

Twelve months ended 2023
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Pakistan -12.92 % -
Ukraine -5.36 % -
Kazakhstan 21.7 % -
Bangladesh -1.04 % -
Uzbekistan 15.02 % -
Others -16.67 % -
HQ and eliminations - -
Mobile -1.93 % -
Mobile Pakistan -12.66 % -
Mobile Ukraine -5.19 % -
Mobile Kazakhstan 21.33 % -
Mobile Bangladesh -0.88 % -
Mobile Uzbekistan 15.09 % -
Mobile Others -16.67 % -
Mobile HQ and eliminations - -
Fixed 24.42 % -
Fixed Ukraine -10.17 % -
Fixed Kazakhstan 25.86 % -
Fixed HQ and eliminations - -
Fixed Uzbekistan - -



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