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VEON and Kyivstar increase Ukraine investment commitment to USD 1 billion, attend Ukraine Recovery Conference in Berlin
Newsfilter· 2024-06-10 09:00
VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext. For more information visit: www.veon.com Disclaimer Berlin and Kyiv, 10 June 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterda ...
VEON and Kyivstar increase Ukraine investment commitment to USD 1 billion, attend Ukraine Recovery Conference in Berlin
GlobeNewswire News Room· 2024-06-10 09:00
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. This is an increase from the previously announced USD 600 million investment commitment for the three-year period between. The commitmen ...
VEON to Hold Capital Markets Day 2024, Sharing Mid-Term Ambition to Accelerate Local Currency Topline Growth to 16%-19% CAGR
Newsfilter· 2024-06-06 05:00
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. Going forward, the Group aims to upstream dividends from all operating companies without restrictions, including from Ukraine, fo ...
VEON to Hold Capital Markets Day 2024, Sharing Mid-Term Ambition to Accelerate Local Currency Topline Growth to 16%-19% CAGR
GlobeNewswire News Room· 2024-06-06 05:00
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. In its CMD 2024 materials, the Group will disclose the following key ambitions through 2027: The Group's medium-term ambitions al ...
VEON Announces Its New Board, Names Founder Augie Fabela as Chairman
Newsfilter· 2024-05-31 14:00
Holders of approximately 97.9% of the VEON Ltd. shares were represented at the AGM. Shareholders ratified the appointment of PricewaterhouseCoopers Accountants N.V. for the audit of the Company's consolidated financial statements for the year ended December 31, 2023 in accordance with International Standards on Auditing. It was noted in the meeting that the Company had appointed UHY LLP for the audit of its 2023 consolidated financial statements in accordance with standards established by the Public Company ...
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
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 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
As previously announced, VEON experienced a delay in filing its 2023 annual report on Form 20-F (the "2023 20-F") due to the challenges it faced in connection with the timely appointment of an independent auditor that meets the requirements for a PCAOB audit following VEON's exit from Russia. In its press release dated May 22, 2024, the Company also announced that it received a non-compliance notice from Nasdaq as a result of the delay in filing its 2023 20-F. With the appointment of UHY as its PCAOB Audito ...
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 ...