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VEON's Jazz to Deploy 1,000 Solar Sites across Pakistan in collaboration with Huawei
Newsfilter· 2025-03-05 14:50
Core Insights - VEON Ltd. has entered into an agreement with Huawei to implement solar power solutions at 1,000 sites operated by Jazz in Pakistan, marking a significant step towards sustainable telecom infrastructure [1][2]. Group 1: Project Overview - The solarization project will utilize Huawei's iSolar technology and is expected to be completed in the coming months, significantly reducing energy costs by up to 96% at the sites where it is deployed [2]. - This initiative aligns with Jazz's commitment to achieving a net-zero carbon target by 2050, integrating sustainable energy solutions into its operations [2]. Group 2: Leadership Statements - Aamir Ibrahim, CEO of Jazz, emphasized the company's dedication to enhancing customer experience while reducing environmental impact, highlighting the importance of renewable energy in providing reliable connectivity [3]. - Phillip Gan, President of Huawei Middle East and Central Asia, expressed pride in the partnership with VEON and Jazz, noting that the iSolar project sets a new standard for green energy adoption in the telecom sector [3]. Group 3: Future Implications - The successful deployment of the iSolar project is anticipated to serve as a scalable model for future expansions, providing a replicable framework for integrating sustainability into the telecom industry [3][4]. - Both VEON and Huawei are committed to exploring innovative technologies that contribute to a low-carbon future, further embedding sustainability into their digital landscape [4].
VEON's Jazz to Deploy 1,000 Solar Sites across Pakistan in collaboration with Huawei
GlobeNewswire News Room· 2025-03-05 14:50
Core Insights - VEON Ltd. has entered into an agreement with Huawei to deploy solar power technology across 1,000 sites in Pakistan through its digital operator Jazz [1][2] - The initiative aims to transition Jazz to a sustainable telecom network infrastructure, with an expected energy cost reduction of up to 96% at the sites where the technology is implemented [2] - This project aligns with Jazz's commitment to achieving a net-zero carbon target by 2050, showcasing a dedication to environmental sustainability [2][3] Group 1 - The solarization project will utilize Huawei's iSolar technology and is expected to be completed within the coming months [2] - Aamir Ibrahim, CEO of Jazz, emphasized the importance of providing reliable connectivity powered by renewable energy while reducing the environmental footprint [3] - Phillip Gan, President of Huawei Middle East and Central Asia, highlighted the partnership as a benchmark for green energy adoption in the telecom industry [3] Group 2 - The deployment of iSolar is anticipated to serve as a scalable model for future expansion, providing a replicable framework for other initiatives [3][4] - VEON and Huawei are committed to exploring innovative technologies that contribute to a low-carbon future [4] - The agreement was digitally signed during the Mobile World Congress 2025 in Barcelona, involving key executives from VEON, Jazz, and Huawei [9]
VEON's Beeline Uzbekistan to Deploy Predictive AI for Enhanced Customer Experience
Newsfilter· 2025-03-04 16:45
Group 1 - VEON Ltd. announces collaboration with P.I. Works to enhance customer experience management through predictive analytics in Beeline Uzbekistan [1][2] - The partnership aims to proactively resolve network issues, improving customer satisfaction as measured by Net Promoter Scores (NPS) [2][5] - Beeline Uzbekistan serves 8.2 million subscribers and is committed to implementing AI and machine learning technologies to enhance service quality [4][7] Group 2 - P.I. Works utilizes geolocation and network data to identify performance degradation with high accuracy, allowing for targeted corrective actions [3][5] - Recent upgrades to network infrastructure include enhancing over 222 base stations and plans to upgrade more than 404 base stations in 2025 [5][6] - The adoption of advanced technologies like Massive MIMO has resulted in a 53% increase in data speeds and a 16% increase in traffic [6] Group 3 - Beeline Uzbekistan's digital portfolio includes various services such as financial applications and streaming services, contributing to a robust digital ecosystem [7] - VEON operates across six countries, providing connectivity and digital services to nearly 160 million customers [8] - P.I. Works has deployed its solutions at 84 mobile network operators in 58 countries, showcasing its expertise in AI-driven network management [9]
VEON's Beeline Uzbekistan to Deploy Predictive AI for Enhanced Customer Experience
GlobeNewswire News Room· 2025-03-04 16:45
Group 1 - VEON Ltd. announces collaboration with P.I. Works to enhance customer experience management through predictive analytics in Beeline Uzbekistan [1][2] - The partnership aims to proactively resolve network issues, improving customer satisfaction as measured by Net Promoter Scores (NPS) [2][5] - Beeline Uzbekistan serves 8.2 million subscribers and is focused on implementing AI and machine learning technologies to enhance service quality [4][7] Group 2 - P.I. Works utilizes geolocation and network data to identify performance degradation with high accuracy, allowing for targeted corrective actions [3][5] - Recent upgrades to network infrastructure include enhancing over 222 base stations, with plans for more than 404 upgrades and 353 new sites in 2025 [5][6] - The adoption of advanced technologies like Massive MIMO has resulted in a 53% increase in data speeds and a 16% increase in traffic [6] Group 3 - Beeline Uzbekistan's digital portfolio includes various applications such as BeePul, OQ, Kinom, and Hambi, contributing to the digital ecosystem in Uzbekistan [7] - VEON operates across six countries, providing connectivity and digital services to nearly 160 million customers [8] - P.I. Works has deployed its solutions at 84 mobile network operators in 58 countries, focusing on AI-driven mobile network management [9]
VEON Highlights Role of Investments in Rebuilding Ukraine, Renews "Invest in Ukraine, NOW!" Call in Kyiv Visit
Newsfilter· 2025-02-26 09:00
Core Insights - VEON Ltd. and its subsidiary Kyivstar are committed to investing in Ukraine's digital infrastructure, particularly in light of the ongoing war and the need for recovery and reconstruction [1][2][3] Investment Commitment - VEON plans to invest USD 1 billion in Ukraine from 2023 to 2027, emphasizing the importance of private sector involvement in the country's recovery [3][4] - The company is also working towards indirectly listing Kyivstar on the Nasdaq Stock Market, which would make it the only Ukrainian business publicly traded in the United States [3] Digital Services and Connectivity - Kyivstar serves nearly 24 million connectivity customers and offers a variety of digital services, including a digital healthcare platform with 28 million registered users and an entertainment streaming platform [4] - VEON aims to enhance Ukraine's digital economy by introducing advanced technologies, such as Starlink's direct-to-cell service [4] Company Overview - VEON operates across six countries, providing services to nearly 160 million customers and focusing on technology-driven solutions that promote economic growth [5]
VEON Highlights Role of Investments in Rebuilding Ukraine, Renews “Invest in Ukraine, NOW!” Call in Kyiv Visit
Globenewswire· 2025-02-26 09:00
Core Insights - VEON Ltd. and its subsidiary Kyivstar are committed to investing in Ukraine's digital infrastructure, particularly in light of the ongoing war and the need for recovery and reconstruction [1][2][3] Investment Commitment - VEON plans to invest USD 1 billion in Ukraine from 2023 to 2027, emphasizing the importance of private sector involvement in the country's recovery [3][4] - The company is also working towards the indirect listing of Kyivstar on the Nasdaq Stock Market, which would make it the only Ukrainian business publicly traded in the United States [3] Digital Services and Connectivity - Kyivstar serves nearly 24 million connectivity customers and offers a range of digital services, including a digital healthcare platform with 28 million registered users and an entertainment streaming platform [4] - VEON aims to enhance Ukraine's digital economy by introducing advanced technologies, such as Starlink's direct-to-cell service [4] Company Overview - VEON operates across six countries, providing digital services to nearly 160 million customers and driving economic growth through technology [5]
VEON's Hidden Upside No One Sees
Seeking Alpha· 2025-02-20 14:30
Group 1 - VEON Ltd is experiencing positive developments as geopolitical uncertainty diminishes, allowing the company to expand its digital business in rapidly growing territories [1] - The firm's stake in Kyivstar is highlighted as a significant asset in its portfolio [1] Group 2 - The company is focused on GARP/Value investment style, emphasizing high-quality, reasonably priced businesses with strong growth potential [1] - The long-term investment approach aims for wealth accumulation through compounding while ensuring downside protection [1]
VEON's Kyivstar and the Come Back Alive Foundation Raise USD 2.6 Million for Demining in Ukraine
Newsfilter· 2025-02-14 09:00
Dubai and Kyiv, February 14, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator, announces that VEON's wholly owned digital operator in Ukraine Kyivstar, together with the Come Back Alive Foundation, has jointly raised nearly UAH 107 million (USD 2.6 million) for the We Live Here 2.0 project to support demining of Ukrainian territory. The Ministry of Economy of Ukraine provided informational support for the campaign. Over 140,000 square kilometers of Ukraine are contaminated by landmines. In 2024, the ...
VEON's Kyivstar and the Come Back Alive Foundation Raise USD 2.6 Million for Demining in Ukraine
GlobeNewswire News Room· 2025-02-14 09:00
Dubai and Kyiv, February 14, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, announces that VEON’s wholly owned digital operator in Ukraine Kyivstar, together with the Come Back Alive Foundation, has jointly raised nearly UAH 107 million (USD 2.6 million) for the We Live Here 2.0 project to support demining of Ukrainian territory. The Ministry of Economy of Ukraine provided informational support for the campaign. Over 140,000 square kilometers of Ukraine are contaminated by landmines. In 2024, th ...
VEON's JazzCash and Mobilink Bank Shortlisted for Prestigious GLOMO Awards
GlobeNewswire News Room· 2025-02-12 12:00
Dubai and Islamabad, February 12 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces that it has been shortlisted for two Global Mobile (GLOMO) Awards at the upcoming MWC 2025. JazzCash, which is Pakistan’s largest fintech with nearly 20 million monthly active users, was shortlisted for the ‘Best Fintech Innovation’ award. Mobilink Microfinance Bank, VEON’s digital banking subsidiary in Pakistan, was nominated for the ‘CMO Marketing Campaign’ award. JazzCash ea ...