VEON .(VEON)
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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
globenewswire.com· 2024-05-29 19:00
Core Viewpoint - VEON Ltd. has appointed UHY LLP as its independent registered public accounting firm for the audit of its consolidated financial statements for the year ended December 31, 2023, which is a significant step towards compliance with PCAOB standards following its exit from Russia [1][2][3]. Group 1: Appointment of Auditor - The appointment of UHY LLP clears a major hurdle for VEON in completing and submitting its 2023 annual report on Form 20-F [2][3]. - UHY LLP is a member of UHY International, a global network of independent accounting and consulting firms, ranked 19th among the largest international audit networks [5]. Group 2: Compliance and Governance - VEON has submitted a plan to regain compliance with Nasdaq listing rules after receiving a non-compliance notice due to the delay in filing its 2023 20-F [2][3]. - The company aims to achieve full compliance by the fourth quarter of 2024, pending Nasdaq's acceptance of its compliance plan [3]. Group 3: Company Overview - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries [6]. - The company is headquartered in Amsterdam and is listed on NASDAQ and Euronext [6].
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 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 ...
VEON .(VEON) - 2023 Q2 - Earnings Call Transcript
2023-08-03 19:14
VEON Ltd. (NASDAQ:VEON) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Nik Kershaw - Group Director of Investor Relations Kaan Terzioğlu - Chief Executive Officer Joop Brakenhoff - Group Chief Financial Officer Operator Hi. Good afternoon, and good morning to everyone, and welcome to VEON's Second Quarter Results Presentation for the period ending 30 June 2023. I'm Nik Kershaw, I'm pleased to be joined in the room today by Kaan Terzioğlu, our Group CEO; along with Joop Brake ...