Core Insights - VEON Ltd. has announced the construction of a new Hyper Cloud data center in Almaty, Kazakhstan, aimed at enhancing the country's digital infrastructure and services [1][2][3] Company Overview - VEON is a global digital operator serving nearly 150 million connectivity users and 140 million digital users across five countries, focusing on technology-driven services to empower individuals and drive economic growth [4] - Beeline Kazakhstan, a subsidiary of VEON, serves 11.9 million mobile customers and around one million fixed internet customers, executing a digital operator strategy since 2018 [5] Industry Developments - The Hyper Cloud data center will provide secure and scalable compute capacity for AI, blockchain, and next-generation telecom services, ensuring all customer data remains within Kazakhstan [2][3] - Kazakhstan's IT sector has seen significant growth, with over 18,000 companies operating, marking a 16% increase over three years, highlighting the importance of cloud capacity for the country's digital future [3] Project Details - The Tier III-certified Hyper Cloud facility is expected to go live by the end of 2026, providing full-service redundancy and enhancing the reliability, security, and sovereignty of cloud services for enterprises and public-sector organizations [3]