1 week ago - globenewswire.com

Amsterdam, 26 June 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, following the release of its 1Q24 trading update on 16 May 2024, today discloses unaudited interim condensed consolidated financial statements as of and for the three-month period ended 31 March 2024 (the “Financial Statements”). The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/

3 weeks ago - globenewswire.com

Berlin and Kyiv, 10 June 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine's digital infrastructure to USD 1 billion over the five-year period from 2023 through 2027.

1 month ago - globenewswire.com

Dubai and Amsterdam, 6 June 2024: 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”), today holds its Capital Markets Day (“CMD 2024”), sharing its medium-term financial and operational ambitions, as well as its growth strategy through 2027.

1 month ago - globenewswire.com

Amsterdam, 31 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services (the “Company”), today held its Annual General Meeting (AGM), during which the Company's shareholders approved the recommended slate of seven directors as VEON's new Board of Directors (the “Board”). VEON welcomes former U.S. Secretary of State Michael R. Pompeo, Sir Brandon Lewis and Duncan Perry, who will serve alongside the incumbent directors Augie K Fabela II, Andrei Gusev, Michiel Soeting and VEON Group CEO Kaan Terzioglu on the Board.

1 month ago - globenewswire.com

VEON discloses April YTD trading update at its AGM Amsterdam, 31 May 2024 07:00 CEST – VEON April YTD 2024 Highlights Total revenue of USD 1,278 million, +8.6% YoY (+12.9% YoY in local currency) Service revenue of USD 1,226 million, +7.5% YoY (+11.7% YoY in local currency) EBITDA of USD 528 million, +2.1% YoY (+6.4% YoY in local currency) VEON appoints UHY LLP as auditors for VEON Group's 2023 PCAOB audit 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.

1 month ago - globenewswire.com

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 Accounting Oversight Board (United States) (the “PCAOB Audit”).

1 month ago - globenewswire.com

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.

1 month ago - globenewswire.com

Amsterdam, 22 May 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, (“VEON” or the “Company”), confirms that on May 20, 2024  it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that, as a result of the Company's delay in filing its Annual Report on Form 20-F for the year ended December 31, 2023 (the “2023 20-F”), the Company is not in compliance with the timely filing requirements for continued listing under Nasdaq Listing Rule 5250(c)(1).

1 month ago - https://www.defenseworld.net

National Bank of Canada FI acquired a new position in shares of VEON Ltd. (NASDAQ:VEON – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,550 shares of the Wireless communications provider’s stock, valued at approximately $50,000. Several other institutional investors also recently modified their holdings of the company. Shah Capital Management acquired a new stake in shares of VEON during the 4th quarter worth approximately $97,544,000. Monaco Asset Management SAM bought a new stake in VEON in the third quarter valued at $195,000. Finally, Barclays PLC grew its position in VEON by 37.0% in the third quarter. Barclays PLC now owns 5,920 shares of the Wireless communications provider’s stock valued at $115,000 after acquiring an additional 1,600 shares during the period. Institutional investors and hedge funds own 21.30% of the company’s stock. VEON Price Performance Shares of NASDAQ:VEON opened at $25.84 on Monday. The business’s fifty day moving average price is $24.18 and its two-hundred day moving average price is $21.82. VEON Ltd. has a fifty-two week low of $14.50 and a fifty-two week high of $26.68. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.55. Analyst Upgrades and Downgrades Separately, StockNews.com upgraded VEON from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. Read Our Latest Analysis on VEON VEON Profile (Free Report) VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology. See Also Five stocks we like better than VEON What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story MarketBeat Week in Review – 5/13 – 5/17 What is a Secondary Public Offering? What Investors Need to Know Take-Two Interactive Software Offers 2nd Chance for Investors Transportation Stocks Investing Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook

1 month ago - globenewswire.com

Amsterdam and Dhaka, 20 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi, second largest mobile operator in the Bangladesh and a subsidiary of Axiata Group, to explore potential sharing and optimization of network resources, aiming to expand 4G coverage and enhance network performance.

1 month ago - seekingalpha.com

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.

1 month ago - globenewswire.com

VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution Amsterdam, 16 May 2024 07:00AM CEST – VEON Q1 2024 Highlights Q1 revenue of USD 942 million, +6.6% YoY (+11.6% YoY in local currency) and EBITDA of USD 386 million, +0.2% YoY (+5.1% YoY in local currency) Q1 capex of USD 125 million, +38.6% YoY, with LTM capex intensity of 18.3% Total cash and cash equivalents of USD 632 million, with USD 261 million at HQ; and gross debt at USD 3.7 billion (decreased by USD 2.0 billion YoY), with net debt excluding lease liabilities at USD 2.0 billion; VEON repaid its Revolving Credit Facility Maintaining FY 2024 revenue growth guidance in local currency of 16-18%, EBITDA growth guidance in local currency of 18-20%, and capex intensity of 18-19% VEON management increases share ownership; announces its 2024 Annual General Meeting and Capital Markets Day VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces selected financial and operating results for the first quarter ended 31 March 2024.

1 month ago - globenewswire.com

Baku and Barcelona, 15 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, is delighted to announce that it has signed a Memorandum of Understanding (MoU) with Beeline Kazakhstan, the GSMA and the Barcelona Supercomputing Center - Centro Nacional de Supercomputacion (BSC-CNS) to explore collaboration on the development of artificial intelligence and language technologies for languages with low digital resources.

1 month ago - reuters.com

Telecom company Veon , mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an "AI language gap" for under-represented languages.

1 month ago - globenewswire.com

Amsterdam and Kyiv, 14 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, is pleased to share that VEON's 100%-owned subsidiary Kyivstar, has been named the top international investor in Ukraine in 2022-2023 by Forbes Ukraine.

1 month ago - globenewswire.com

Amsterdam and Islamabad, 14 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Tamasha, its leading digital entertainment platform in Pakistan, has secured digital streaming rights for all major International Cricket Council's (ICC) tournaments throughout 2024 and 2025.

1 month ago - globenewswire.com

Amsterdam, 09 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, (“VEON” or the “Company”), announces that its digital operator Banglalink has become the first in Bangladesh to phase out 3G services, as part of its strategy to enhance 4G performance throughout the country through reallocation of network resources.

2 months ago - seekingalpha.com

VEON: Multiplay User Strategy Now Gaining Traction

2 months ago - globenewswire.com

1000 Kazakh and international delegates participate in the annual conference, discussing artificial intelligence, big data analytics and app development in the region

2 months ago - globenewswire.com

Amsterdam and Dhaka, 24 April 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its digital operator in Bangladesh, secured the exclusive rights to the nation-wide streaming of  International Cricket Council (ICC) world events until the end of 2025.  The ICC matches will be available on Toffee streaming platform, commencing with the ICC Men's T20 World Cup on 1 June 2024.

2 months ago - globenewswire.com

Amsterdam, 24 April 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, (“VEON” or the “Company”), has today announced that its Board of Directors (“Board”) has set the date for the Company's 2024 Annual General Meeting of Shareholders (the “AGM”) for 31 May 2024.

2 months ago - globenewswire.com

VEON to release 1Q 2024 trading update on 16 May 2024 Amsterdam, 16 April 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today confirms that the Group will release its selected financial and operating results for the first quarter ended 31 March 2024, at or around 7:00 CEST (6:00 BST, 1:00 EST) on 16 May 2024.

2 months ago - globenewswire.com

Amsterdam, 12 April 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces an increase in management's ownership of VEON shares through awards under its existing equity incentive-based compensation plans.  VEON is utilising certain of the 92,459,532 common shares issued to VEON Holdings BV, announced on 1 March 2024, to satisfy the awards made.

3 months ago - globenewswire.com

Amsterdam, 28 March 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services (the “Company”), announces that it has repaid in full the outstanding balance of USD 805 million (principal, excluding accrued interest) under its revolving credit facility (“RCF”) and cancelled the RCF.

3 months ago - globenewswire.com

Amsterdam, 26 March 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 50.1% indirect stake in Beeline Kyrgyzstan to CG Cell Technologies, which is wholly owned by CG Corp Global.