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VEON Launches KINOM Digital Entertainment Platform in Uzbekistan
GlobeNewswire News Room· 2024-10-09 08:00
Amsterdam and Tashkent, 9 October 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, is pleased to officially launch the digital entertainment platform KINOM in Uzbekistan. With a content offering of more than 130 channels of linear TV, as well as on-demand films and TV series, KINOM will be accessible for all mobile users in the country. Developed locally in Uzbekistan, KINOM is the latest addition to VEON's DO1440 offerings, which seeks to serve customers with digital ex ...
Helikon Investments Ltd Bolsters Position in VEON Ltd with Significant Share Acquisition
GuruFocus· 2024-10-04 22:03
Overview of the Recent Transaction On September 30, 2024, Helikon Investments Ltd (Trades, Portfolio) made a notable addition to its investment portfolio by acquiring 90,845,580 shares of VEON Ltd (VEON, Financial), a prominent player in the telecommunication services industry. This transaction not only increased the firm's total holdings in VEON to 93,584,855 shares but also significantly impacted its portfolio, with a 72.01% trade impact at a trading price of $30.42 per share. This strategic move highligh ...
VEON Completes the Sale of Its Stake in TNS+ in Line with Asset-Light Strategy
GlobeNewswire News Room· 2024-09-30 15:45
Amsterdam, 30 September 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator ("VEON" or the "Company"), announces that it has completed the sale of its 49% stake in Kazakh wholesale telecommunications infrastructure services provider, TNS Plus LLP ("TNS+"), to its JV partner, the DAR group of companies, following the receipt of necessary regulatory approvals. The sale was completed today for a total consideration to VEON (including deferred consideration) of USD 137.5 million. ...
VEON Strengthens Group Leadership Team Adding Two Senior Executives to Its Dubai Team
GlobeNewswire News Room· 2024-09-30 13:35
Amsterdam and Dubai, 30 September 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, is pleased to announce the appointment of two new senior executives to its Group Leadership Team in Dubai. Anand Ramachandran, who joins VEON as the Chief of Staff to the Group CEO, and Inanc Cakiroglu, who joins as the Group Chief Information Officer (CIO), will both be based in VEON's expanding operational hub in Dubai, and report to Group CEO Kaan Terzioglu. "As we have shared with our i ...
VEON General Counsel Omiyinka Doris Named Among Top 15 Legal Leaders by the Financial Times
GlobeNewswire News Room· 2024-09-13 14:00
Amsterdam, 13 September 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services, is delighted to announce that Omiyinka Doris, VEON's Group General Counsel, has been named by the Financial Times (FT) as one of the world's top 15 inhouse legal leaders in FT's annual list. The FT annual list of the world's top company lawyers highlights the achievements of senior in-house lawyers who have excelled at responding to changing demands and ...
VEON Announces Vesting of Conditional Award to Group CEO Kaan Terzioglu
GlobeNewswire News Room· 2024-09-12 07:00
Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the "Conditional Award") to its Group Chief Executive Officer, Kaan Terzioglu. This Conditional Award was made under VEON's 2021 Long Term Incentive Plan ("LTIP"). Award Details and Vesting Conditions On 10 January 2024, Kaan Terzioglu was granted a Conditional Award under the LTIP, compr ...
VEON discloses its unaudited interim condensed consolidated financial statements for the six-month period ended 30 June 2024 and publishes its interim report for the same period
GlobeNewswire News Room· 2024-08-30 06:00
Amsterdam, 30 August 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, following the release of its 2Q24 trading update on 8 August 2024, today discloses its unaudited interim condensed consolidated financial statements for the six-month period ended 30 June 2024 for VEON Ltd. and its wholly-owned subsidiary, VEON Holdings B.V., and publishes its interim report for VEON Ltd. for the same period (the "Interim Report" ...
VEON's Kyivstar and Come Back Alive Launch New Fundraising Campaign for Demining Ukraine
GlobeNewswire News Room· 2024-08-14 16:00
Amsterdam and Kyiv, 14 August 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that its wholly owned subsidiary Kyivstar has launched We Live Here 2.0, a fundraising campaign to support the demining of Ukrainian territory together with the Come Back Alive Foundation and with informational support from the Ministry of Economy of Ukraine. We Live Here 2.0 aims to raise a total of UAH 100 million (approx. USD ...
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance
Newsfilter· 2024-08-08 05:00
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance Amsterdam, 8 August 2024 07:00AM CEST VEON Q2 2024 Highlights Q2 revenue of USD 1,026 million, +12.1% YoY (+15.1% YoY in local currency) and EBITDA of USD 459 million, +10.6% YoY (+13.9% YoY in local currency) Q2 direct digital revenue of USD 108 million, +83.3% YoY (+81.4% YoY in local currency) Q2 capex of USD 181 million, +5.8% YoY, with LTM capex intensity of 18.0% Total cash and cash equivalen ...
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance
GlobeNewswire News Room· 2024-08-08 05:00
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance Amsterdam, 8 August 2024 07:00AM CEST VEON Q2 2024 Highlights Q2 revenue of USD 1,026 million, +12.1% YoY (+15.1% YoY in local currency) and EBITDA of USD 459 million, +10.6% YoY (+13.9% YoY in local currency) Q2 direct digital revenue of USD 108 million, +83.3% YoY (+81.4% YoY in local currency) Q2 capex of USD 181 million, +5.8% YoY, with LTM capex intensity of 18.0% Total cash and cash equivalen ...