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VEON Announces Its New Board, Names Founder Augie Fabela as Chairman
Newsfilter· 2024-05-31 14:00
Holders of approximately 97.9% of the VEON Ltd. shares were represented at the AGM. Shareholders ratified the appointment of PricewaterhouseCoopers Accountants N.V. for the audit of the Company's consolidated financial statements for the year ended December 31, 2023 in accordance with International Standards on Auditing. It was noted in the meeting that the Company had appointed UHY LLP for the audit of its 2023 consolidated financial statements in accordance with standards established by the Public Company ...
VEON discloses April YTD trading update at its AGM
Newsfilter· 2024-05-31 05:00
The table below details 4M24 and 4M23 revenues and EBITDA and YoY trends for the Group on a country-by- country basis: | USD million | | 4M24 4M23 | YoY | YoY | | --- | --- | --- | --- | --- | | (unaudited) | | | (reported) | (local currency) | | Total revenue | 1,278 | 1,178 | 8.6% | 12.9% | | Ukraine | 262 | 303 | (13.5%) | (8.8%) | | Pakistan | 435 | 355 | 22.3% | 28.8% | | Kazakhstan | 287 | 236 | 21.7% | 20.4% | | Bangladesh | 190 | 185 | 2.3% | 6.1% | | Uzbekistan | 89 | 84 | 5.2% | 16.0% | | Kyrgyzst ...
VEON discloses April YTD trading update at its AGM
GlobeNewswire News Room· 2024-05-31 05:00
VEON discloses April YTD trading update at its AGM Amsterdam, 31 May 2024 07:00 CEST – VEON April YTD 2024 Highlights VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services ("VEON or, together with its subsidiaries, the "Group") will report its key financial highlights for the first four months of 2024 ("4M24") at the Annual General Meeting of shareholders ("AGM") being held today. During the first four months of 2024, the Group ...
VEON appoints UHY LLP as auditors for VEON Group's 2023 PCAOB Audit and shares compliance plan with Nasdaq
Newsfilter· 2024-05-29 19:00
Amsterdam, 29 May 2024 – VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON))), a global digital operator that provides converged connectivity and online services, ("VEON" or the "Company" or, together with its subsidiaries, the "Group"), announces that it has appointed UHY LLP (UHY) as the independent registered public accounting firm for the audit of the Group's consolidated financial statements for the year ended December 31, 2023 in accordance with the standards established by the Public Company Accountin ...
VEON appoints UHY LLP as auditors for VEON Group's 2023 PCAOB Audit and shares compliance plan with Nasdaq
globenewswire.com· 2024-05-29 19:00
As previously announced, VEON experienced a delay in filing its 2023 annual report on Form 20-F (the "2023 20-F") due to the challenges it faced in connection with the timely appointment of an independent auditor that meets the requirements for a PCAOB audit following VEON's exit from Russia. In its press release dated May 22, 2024, the Company also announced that it received a non-compliance notice from Nasdaq as a result of the delay in filing its 2023 20-F. With the appointment of UHY as its PCAOB Audito ...
VEON Progresses with Asset-Light Strategy, Reaches Agreement to Sell Stake in TNS+ in Kazakhstan
Newsfilter· 2024-05-28 14:15
Amsterdam and Astana, 28 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that it has signed an agreement for 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. TNS+ is an international operator providing a wide range of telecommunication services in voice, internet access, data transmissio ...
VEON Progresses with Asset-Light Strategy, Reaches Agreement to Sell Stake in TNS+ in Kazakhstan
globenewswire.com· 2024-05-28 14:15
Amsterdam and Astana, 28 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that it has signed an agreement for 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. TNS+ is an international operator providing a wide range of telecommunication services in voice, internet access, data transmissio ...
VEON .(VEON) - 2024 Q1 - Earnings Call Transcript
2024-05-16 14:26
VEON Ltd. (NASDAQ:VEON) Q1 2024 Earnings Conference Call May 16, 2024 8:00 AM ET Company Participants Faisal Ghori - Head of IR Kaan Terzioglu - CEO Joop Brakenhoff - CFO Faisal Ghori Good afternoon and good morning to everyone. And thank you for joining us today for VEON's first quarter results presentation for the period ending March 31st, 2024. I'm Faisal Ghori, Head of Investor Relations. I'm pleased to be joined in the room today by Kaan Terzioglu, our Group CEO, along with Joop Brakenhoff, our Group ...
VEON .(VEON) - 2023 Q4 - Earnings Call Transcript
2024-03-21 16:20
VEON Ltd. (NASDAQ:VEON) Q4 2023 Earnings Call Transcript March 21, 2024 9:00 AM ET Company Participants Faisal Ghori - Head of IR Kaan Terzioglu - CEO Joop Brakenhoff - CFO Faisal Ghori Hi, good afternoon and good morning to everyone. Thank you for joining us today for VEON's fourth quarter results presentation for the period ending December 31, 2023. I'm Faisal Ghori, Head of Investor Relations. I'm pleased to be joined in the room today by Kaan Terzioglu, our Group CEO, along with Joop Brakenhoff, our Gro ...
VEON .(VEON) - 2023 Q3 - Earnings Call Transcript
2023-11-20 17:58
Company Participants Third, high free cash flow generation. As a result of the first two pillars and moderation of CapEx, as we get closer to our objectives to being an asset-light company and 70% 4G penetration, VEON will be highly free cash flow generative. Growing in emerging markets is never easy, and many of you will wonder how much of our growth is because of inflation. As you can see above, across the group, we have consistently grown well above inflation and believe that trend can continue. Group A ...