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The Rosen Law Firm, P.A. Reminds Investors of the Proposed Class Action Settlement on Behalf of Purchasers of American Depositary Shares of VEON Ltd.
Globenewswire· 2026-02-19 18:00
BROOKLYN, N.Y., Feb. 19, 2026 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of American Depositary Shares of VEON Ltd. (NASDAQ: VEON): SUMMARY NOTICE OF PENDENCY AND PROPOSED CLASS ACTION SETTLEMENT TO: All persons and entities who purchased VEON Ltd. f/k/a VimpelCom Ltd. (“VEON”) American Depositary Shares (“ADSs”) ...
VEON and Hala to Explore Partnership in Ride-hailing Services
Globenewswire· 2026-02-17 10:00
Dubai, February 17, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or “the Company”), announces that it has signed a Memorandum of Understanding with Hala, Dubai’s leading local e-hailing taxi solution and a joint venture between Dubai’s Roads and Transport Authority (RTA) and Careem, to explore cooperation in expanding ride‑hailing and mobility services across VEON’s operating markets. The Memorandum of Understanding (MoU) was signed last week at VEON’s headquarters in Dubai. The MoU es ...
VEON's Kyivstar Expands Digital Healthcare Services in Ukraine with Tabletki.ua Acquisition
Globenewswire· 2026-02-10 15:31
Dubai, Kyiv and New York, February 10, 2026 – VEON Ltd. (Nasdaq: VEON) (“VEON”), a global digital operator, announces that today its subsidiary Kyivstar Group Ltd. (“Kyivstar”) (Nasdaq: KYIV; KYIVW) signed a definitive agreement and completed the transaction to acquire 100% of Tabletki.ua for USD 160 million, payable in Ukrainian hryvna in Ukraine. Tabletki.ua is one of Ukraine’s most widely used digital platforms for finding, comparing and reserving medicines and other products available at Ukrainian pharm ...
VEON and JazzWorld Launch “Invest in Pakistan, NOW!” Inviting International Investors to Participate in Pakistan's Growth
Globenewswire· 2026-02-08 10:00
Core Viewpoint - VEON Ltd. has launched the "Invest in Pakistan, NOW!" initiative in partnership with JazzWorld to attract international investors to Pakistan as the country's economic fundamentals improve and growth opportunities become more apparent [1][5][6] Group 1: Initiative Details - The initiative aims to encourage international investors to reconsider Pakistan, highlighting the strengthening economic fundamentals and long-term growth prospects [1][5] - JazzWorld and Nutshell Group of Pakistan signed a Memorandum of Understanding (MoU) to foster dialogue and partnerships focused on digitalization and cross-border investment [2][5] - The signing ceremony was attended by key figures including the Minister of State for Finance and Railways of Pakistan and senior executives from VEON and JazzWorld [3][5] Group 2: Economic Context - The Minister of State for Finance emphasized that Pakistan has achieved macroeconomic stability, supported by government initiatives to enhance investor confidence and the business environment [5] - VEON Group CEO noted that the region is on the verge of a significant transformation, driven by AI and human-centered innovation, which can enhance growth and improve lives [6] Group 3: VEON's Commitment - VEON has invested over USD 11 billion in Pakistan since its establishment in 1994, demonstrating its long-term commitment to the market [8] - The company operates JazzWorld, which serves 100 million customers and offers a wide range of digital services, including connectivity, fintech, and entertainment [7][10] Group 4: Future Outlook - Aamir Ibrahim, CEO of JazzWorld, highlighted that Pakistan's long-term fundamentals are strong, and the country is well-positioned for growth, making it an attractive opportunity for regional and global investors [6][7]
VEON Welcomes Expanded Kyivstar Free Float After the Successful Kyivstar Secondary Offering
Globenewswire· 2026-02-03 15:00
Core Viewpoint - VEON Ltd. announces the successful closing of a secondary public offering of 14,375,000 common shares of Kyivstar Group Ltd. at a price of USD 10.50 per share, which was over-subscribed by 5 times, indicating strong investor interest in the company [1][2]. Group 1: Offering Details - The offering closed on February 2, 2026, and included shares held by VEON Amsterdam B.V. and other selling shareholders [1]. - VEON received proceeds of USD 139.8 million from the offering, which will be used for general corporate purposes [2]. - The offering included the full exercise of the underwriters' option to purchase an additional 1,875,000 common shares [3]. Group 2: Company Background - Kyivstar is the only Ukrainian company listed on a U.S. stock exchange and provides a wide range of digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [8]. - VEON aims to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, and social projects [9]. Group 3: Leadership Statements - Kaan Terzioglu, VEON Group CEO, emphasized the importance of the offering in expanding Kyivstar's investor base and making Ukraine's growth potential accessible to international investors [2]. - Oleksandr Komarov, Kyivstar Group President, expressed gratitude to international investors and highlighted the demand for well-managed Ukrainian companies [2].
VEON Ltd. (VEON): A Bull Case Theory
Yahoo Finance· 2026-01-30 23:20
We came across a bullish thesis on VEON Ltd. on Value investing subreddit by Itchy-Commission-195. In this article, we will summarize the bulls’ thesis on VEON. VEON Ltd.'s share was trading at $55.72 as of January 29th. VEON’s trailing and forward P/E were 6.12 and 14.10 respectively according to Yahoo Finance. Cisco (CSCO) Soars to 25-Year High on Earnings Blowout hin255/Shutterstock.com Veon Ltd. (VEON) operates as a leading telecom provider across frontier markets, including Pakistan, Ukraine, Kazak ...
VEON Partners with MindBridge to Enhance Financial Analytics, Audit and Internal Controls with Augmented Intelligence Capabilities
Globenewswire· 2026-01-30 12:00
Core Insights - VEON Ltd. has announced a strategic collaboration with MindBridge to implement AI-powered analytics tools across its global operations [1][2] - The partnership aims to enhance financial analysis, internal controls, and auditing processes by utilizing MindBridge's Central Insights Factory [2][4] - Both companies will explore opportunities to provide AI-driven financial analytics services to business clients and government entities [3] Company Overview - VEON is a digital operator serving nearly 150 million connectivity customers and over 140 million digital users across five countries [5] - The company is committed to transforming lives through technology-driven services that promote economic growth [5] - VEON is listed on NASDAQ, indicating its presence in the global financial market [5] Technology and Innovation - MindBridge's platform allows finance teams to analyze 100% of financial transactions in real time, enhancing risk detection and decision-making [8] - The Central Insights Factory is a proprietary AI engine that converts complex financial data into actionable insights, trusted by auditors and finance leaders [8] - The collaboration aligns with VEON's AI1440 strategy, which focuses on embedding AI into financial processes to improve decision-making and transparency [4][8]
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON - Kyivstar Group (NASDAQ:KYIV), VEON (NASDAQ:VEON)
Benzinga· 2026-01-30 01:50
Core Viewpoint - VEON Ltd. has announced the pricing of a public offering of common shares held by its subsidiary Kyivstar Group Ltd., with a total of 12,100,000 shares priced at USD 10.50 each, along with an additional option for underwriters to purchase up to 1,875,000 shares [1][2]. Group 1: Offering Details - The public offering consists of 12,100,000 common shares from VEON Amsterdam B.V. and 400,000 shares from other selling shareholders, with a public offering price set at USD 10.50 per share [1]. - The offering is expected to close on February 2, 2026, pending customary closing conditions [2]. - The underwriters for the offering include Morgan Stanley, Barclays, Cantor, and Rothschild & Co, with Benchmark, StoneX Company, and Northland Capital Markets acting as co-managers [2]. Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5]. - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6].
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON
Globenewswire· 2026-01-30 01:50
Core Viewpoint - VEON Ltd. announced the pricing of a public offering of 12,100,000 common shares held by VEON Amsterdam B.V. and 400,000 common shares from other selling shareholders at a price of USD 10.50 per share, with an additional option for underwriters to purchase up to 1,875,000 shares [1][2] Group 1: Offering Details - The public offering is set to close on February 2, 2026, pending customary closing conditions [2] - The offering is being managed by Morgan Stanley, Barclays, Cantor, and Rothschild & Co as joint book-running managers, with Benchmark, StoneX Company, and Northland Capital Markets as co-managers [2] Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5] - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6] Group 3: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on social investments in infrastructure, technological development, charitable donations, and strategic acquisitions [7]
VEON Notes Kyivstar Group Publication of Selected Full Year 2025 Financial Information
Globenewswire· 2026-01-28 13:05
Core Viewpoint - VEON Ltd. anticipates positive financial performance for 2025, driven by Kyivstar Group's preliminary estimates and strong execution across its operating companies [2]. Group 1: Financial Estimates - Kyivstar Group estimates revenue growth for the year ended December 31, 2025, will range between 24% and 26% year-on-year compared to 2024 [6]. - Adjusted EBITDA growth is also expected to fall within the same range of 24% to 26% year-on-year [6]. - Capex Intensity for the year is projected to be between 29% and 31% [6]. Group 2: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, charitable donations, and strategic acquisitions [4]. Group 3: Company Overview - Kyivstar Group Ltd. is a leading digital operator in Ukraine, providing a wide range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [3]. - VEON serves nearly 150 million connectivity users and over 140 million digital users across five countries, emphasizing technology-driven services that promote economic growth [4].