VEON Ltd. (NASDAQ: VEON ) is a Seeking Alpha Quant “Strong Buy” currently trading at what, I believe, is a discounted valuation of just $3.3 billion in market cap and $6.2 billion in EV. VEON is a multinationalAnalyst’s Disclosure: I/we have a beneficial long position in the shares of VEON either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose ...

Dubai, 16 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces the appointments of two of its operating company CEOs to its Group Executive Committee (“GEC”). Aamir Ibrahim, CEO of Jazz and the Chair of Mobilink Bank in Pakistan, and Evgeniy Nastradin, CEO of Beeline Kazakhstan, have joined the GEC effective 1 January 2025, in addition to their country CEO responsibilities. These appointments to the GEC will further strengthen VEON’s strategic alignment ...

Kyiv, New York, Dubai and Philadelphia, 13 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or, together with its subsidiaries, the “Group”), and Cohen Circle Acquisition Corp. I (“Cohen Circle”), a special purpose acquisition company (Nasdaq: CCIRU), today announced the signing of a letter of intent (“LOI”) to enter into a business combination with the aim of indirectly listing Kyivstar, VEON’s digital operator in Ukraine, on the Nasdaq Stock Market LLC (“Nasdaq”) in the United Sta ...

Key Announcement - VEON Ltd appoints Burak Ozer as Group Chief Financial Officer (Group CFO), effective 9 January 2025 [1] - Burak Ozer succeeds Joop Brakenhoff, who will continue as an Advisor to the Group CEO [1] Burak Ozer's Background - Burak Ozer brings over 27 years of international finance experience [2] - He started his career at Xerox, holding key financial positions in the USA and UK, and served as General Manager of Xerox Turkey [2] - Most recently, he was CFO in the global Digital Transformation, IT Solutions & Cybersecurity sector [2] Leadership Comments - VEON Group CEO Kaan Terzioglu welcomes Burak Ozer, citing his international experience and track record as invaluable for VEON's repositioning in frontier markets [3] - Terzioglu expresses gratitude to Joop Brakenhoff for his years of service and looks forward to his continued advisory role [3] - Burak Ozer expresses excitement to join VEON during a pivotal growth and innovation phase, aiming to drive growth and ensure strong financial governance [3] About VEON - VEON is a global digital operator serving nearly 160 million customers across six countries, representing over 7% of the world's population [4] - The company provides converged connectivity and digital services, transforming lives through technology-driven services in areas like connectivity, financial services, entertainment, education, and healthcare [4] - VEON is listed on NASDAQ [4]

Dubai and Kyiv, 30 December 2024: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or "VEON Group"), today announces that Kyivstar, its digital operator in Ukraine, has signed an agreement with Starlink, a division of SpaceX, to introduce groundbreaking direct-to-cell satellite connectivity in Ukraine. Upon its launch, the service will make Ukraine one of the first countries to have the game-changing Starlink direct-to-cell service, enhancing the resilience of the country's connectivity landscape ...

Dubai and Amsterdam, 13 December 2024: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON"), following the release of its 3Q24 trading update on 14 November 2024, today discloses its unaudited interim condensed consolidated financial statements for the three-month and nine-month periods ended 30 September 2024 for VEON Ltd. The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/. About VEONVEON is a Nasdaq-listed digital operator that provides converged con ...

London, 12 December 2024 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), announces that it won in two categories at the World Communication Awards 2024. Kyivstar, VEON’s digital operator in Ukraine, received the Crisis Response Award, while Jazz, the Company’s operator in Pakistan, received the Best Operator in a Growth Market Award. Both companies and VEON were commended for their positive impact and dedication to the markets in which they operate, during the awards ceremon ...

Kaz-LLM Development and Launch - VEON Ltd, in partnership with the Ministry of Digital, Innovations, and Aerospace Industry of Kazakhstan, ISSAI NU, Beeline Kazakhstan, and Astana Hub, launched the open-source Kazakh-language large language model (Kaz-LLM) [1] - Kaz-LLM was developed with over 150 billion tokens and is capable of interacting in Kazakh, Turkish, English, and Russian [2] - The model has two versions with 8 billion and 70 billion parameters, aimed at accelerating AI-powered product and service adoption in Kazakhstan [2] - Kaz-LLM has been published on the Hugging Face platform ahead of its full launch [2] VEON's Role and Strategy - VEON's QazCode is the only private sector partner in the Kaz-LLM initiative, aligning with VEON's mission to provide augmented intelligence tools for low-resource languages [3] - Kazakhstan is VEON's most advanced market in terms of augmented intelligence capabilities [3] - VEON aims to bridge the linguistic gap in AI, ensuring equal opportunities for the half a billion people in its markets [5] - VEON Group CEO highlighted the potential of AI to enhance human skills in various sectors, including healthcare, education, and agriculture [5] Beeline Kazakhstan and QazCode Contributions - Beeline Kazakhstan and QazCode have already launched several AI products, including the open-source Kaz-RoBERTA-conversational model with 2 billion parameters [7] - Kaz-RoBERTA-conversational is used for customer service interactions on Beeline Kazakhstan's digital platforms and has been downloaded over three thousand times on Hugging Face [7] - QazCode, with a team of 700 including 350 developers, focuses on telecoms process automation, gamification, entertainment, and IT productivity using AI [11] - Beeline Kazakhstan serves 11 million mobile customers and 2 million fixed internet customers, with a digital ecosystem of 60 products and 11.6 million monthly active users as of June 2024 [10] International Collaboration and Expertise - Beeline Kazakhstan and QazCode contribute to international know-how on LLM development for low-resource languages, collaborating with GSMA Foundry and the Barcelona Supercomputing Center [8] - QazCode shares expertise on LLM development, including the Catalan language model developed by the Barcelona Supercomputing Center [8] ISSAI and National AI Ecosystem - ISSAI, founded in September 2019, drives AI research and innovation in Kazakhstan, collaborating with national and international partners in education, industry, and government [9] - The launch of Kaz-LLM is a pivotal step in developing Kazakhstan's AI ecosystem, reflecting the country's commitment to innovation and technological progress [4]

Court Decision and Corporate Rights - The Shevchenkivskyi District Court of Kyiv unfroze VEON's corporate rights in Kyivstar and other Ukrainian subsidiaries, including Ukraine Tower Company, KyivstarTech, and Helsi [1][2] - This decision reflects Ukraine's commitment to the rule of law and protection of international investors' rights [2] - The unfreezing removes a source of concern for VEON's investors and enables accelerated business partnerships in Ukraine [4] VEON's Strategic Direction - VEON aims to create further value in Kyivstar by exploring ways to attract international and local investors [5] - Kyivstar is highlighted as the sole Ukrainian investment theme on the U S listed equity market through VEON's Nasdaq listing [5] VEON's Global Presence - VEON is a NASDAQ-listed digital operator serving nearly 160 million customers across six countries, representing over 7% of the world's population [7] - The company focuses on providing connectivity and digital services to drive economic growth and transform lives [7] Investor Confidence - VEON expresses gratitude to investors for their continued confidence and support during the period of frozen corporate rights [3] - The court ruling is seen as a win-win for VEON's investors, Kyivstar, and Ukraine, enhancing the country's appeal as an investment destination [4]

Amsterdam, Dubai and Kyiv, 29 November 2024: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), is pleased to announce that the Shevchenkivskyi District Court of Kyiv has ruled in favor of a request to unfreeze 47.85% of VEON’s corporate rights in Kyivstar and 100% of VEON’s corporate rights in its other Ukrainian subsidiaries (Ukraine Tower Company, Kyvistar Tech and Helsi). The decision fully removes the restrictions on VEON’s corporate rights imposed by the Ukrainian courts on ...