Core Viewpoint - VEON Ltd. has signed a Memorandum of Understanding with Airspan Networks to enhance Ukraine's communications infrastructure through innovative network solutions and collaboration [1][2]. Group 1: Collaboration Details - The partnership aims to evaluate technical and commercial synergies for resilient network solutions in Ukraine, focusing on both public and private sectors [2][3]. - The collaboration will explore the development, deployment, and testing of advanced wireless technologies, including Open RAN and Air-to-Land network solutions [3][4]. Group 2: Investment Commitment - VEON and its subsidiary Kyivstar have committed to investing USD 1 billion from 2023 to 2027 to rebuild Ukraine's digital infrastructure, which includes upgrading mobile networks with advanced capabilities [4][5]. - This investment will focus on maintaining connectivity through technologies such as Open RAN and direct-to-cell satellite connectivity [4][5]. Group 3: Expertise and Experience - Airspan Networks has significant expertise in building Open RAN networks, having constructed the largest geographical Open RAN network in the U.S. and the first nationwide 4/5G ORAN network in Japan [5][6]. - Kyivstar has recently launched a laboratory with Rakuten Symphony to test cloud-native RAN software, further enhancing its capabilities in network innovation [6]. Group 4: Company Backgrounds - VEON operates across six countries, providing digital services to nearly 160 million customers and is listed on NASDAQ [7]. - Airspan Networks is recognized as a leader in Open RAN, having shipped over 1 million radios globally to more than 1,000 customers [7].

Kyiv and Dubai, March 20, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, today provides additional selected financial information about Uklon group (“Uklon”) following its announcement on 19 March 2025 regarding the agreement signed between JSC Kyivstar (“Kyivstar”) and Uklon for Kyivstar to acquire 97% of the shares of Uklon, a leading Ukrainian ride-hailing and delivery platform. Uklon Key Financial and Operational Metrics, FY 2024 (preliminary, unaudited) Revenue (USD mln) 65 Revenue CAGR ...

VEON Ltd. (NASDAQ:VEON) Q4 2024 Earnings Conference Call March 20, 2025 8:00 AM ET Company Participants Anand Ramachandran - Chief of Staff Kaan Terzioglu - Group CEO Burak Ozer - Group CFO Conference Call Participants David Lopes - New Street Research Stella Cridge - Barclays Chris Hoare - New Street Research Dmitry Ivanov - Jefferies Matthew Harrigan - Benchmark Operator Hello and welcome to VEON's Full Year 2024 and Fourth Quarter 2024 Trading Update Call. We ask that you please hold all questions until ...

Core Viewpoint - VEON Ltd. is initiating the second phase of its share buyback program, amounting to USD 35 million, as part of a larger USD 100 million program aimed at optimizing shareholder value and strengthening its financial position [1][2]. Group 1: Share Buyback Program - The second phase of the share buyback program follows the completion of the first phase, which was USD 30 million and concluded on January 27, 2025 [2]. - The total share buyback program was approved by VEON's Board of Directors on July 31, 2024, with a maximum amount of USD 100 million [2]. - The buybacks will be executed on the open market under a 10b5-1 plan and in compliance with Rule 10b-18, with decisions influenced by liquidity, market conditions, and legal requirements [3]. Group 2: Company Overview - VEON is a digital operator serving nearly 160 million customers across six countries, representing over 7% of the global population [4]. - The company focuses on technology-driven services that enhance individual empowerment and stimulate economic growth [4]. - VEON is listed on NASDAQ and is headquartered in Dubai [4].

Core Insights - VEON reported a strong financial performance for FY24, achieving an 8.3% year-on-year revenue growth and a 4.9% YoY growth in EBITDA, meeting expectations set in Q3 2024 [3][5] - The underlying revenue growth in local currency terms was 14.6% YoY, surpassing the average inflation rate of 9.3% in its operating countries, indicating effective pricing strategies [4] - Direct digital revenue saw significant growth, increasing by 63.0% YoY in reported currency, contributing to 11.5% of total revenues for the year [5][9] Financial Performance - Total revenue for FY24 reached USD 4,004 million, with EBITDA amounting to USD 1,691 million [9] - Capex increased by 26.9% YoY, with a capex intensity of 20.6%, although excluding Ukraine, it aligned with expectations of 18%-19% [6] - Cash and cash equivalents totaled USD 1,691 million, with net debt to EBITDA ratio improving to 1.34x from 1.52x [6] Quarterly Highlights - In Q4 2024, total revenue grew by 4.7% YoY to USD 998 million, with EBITDA increasing by 11.3% YoY to USD 408 million [10] - Direct digital revenue for Q4 2024 rose by 42.4% to USD 126 million, representing 12.6% of total revenues for the quarter [10] Future Outlook - For FY25, VEON anticipates underlying local currency revenue growth of 12%-14% and EBITDA growth of 13%-15% [11] - The company plans to initiate a second phase of its share buyback program, amounting to up to USD 35 million [11] Strategic Developments - 2024 was marked as a transformative year for VEON, with a significant increase in share price, strategic partnerships, and a shift of headquarters to Dubai [13][14] - The company aims to maintain its position in the digital revolution and continue executing its strategic priorities in 2025 [14]

Kyiv and Dubai, March 19, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON”), today announces its wholly-owned subsidiary JSC Kyivstar (“Kyivstar”) has signed an agreement to acquire Uklon group (“Uklon”), a leading Ukrainian ride-hailing and delivery platform. This strategic acquisition marks Kyivstar’s expansion into a new area of digital consumer services in line with VEON’s digital operator strategy. Uklon operates in 27 cities across Ukraine and unites more than 100 thousand driver-par ...

  Kyivstar, Ukraine’s largest digital operator, serves 24 million customers with fixed and mobile communication services.Expected to be the only U.S.-listed pure play Ukrainian investment opportunity.Consumer digital service portfolio includes healthcare platform Helsi with more than 28 million registered patients and streaming platform Kyivstar TV with 2 million monthly active users, while enterprise services include cloud, cybersecurity and AI solutions, and the software development business Kyivstar Tec ...

Dubai and Dhaka, 17 March 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces that Johan Buse has been appointed as the Chief Executive Officer of Banglalink, VEON's digital operator in Bangladesh, effective 6th April 2025. Johan joins Banglalink from StarHub in Singapore where he led the Consumer Business Group focusing on strategy and business transformation. Prior to that, Johan has decades of experience in the telecom industry across Europe, Asia and the Mid ...

VEON to release 4Q 2024 trading update on 20 March 2025 Dubai, 12 March 2025 – VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the fourth quarter and full year ended 31 December 2024, at or around 10:00 GST (2:00 EST) on 20 March 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 4Q24 results conference call To register and access the event, please ...

Core Insights - The article emphasizes the importance of consulting a registered financial advisor before making investment decisions, highlighting that the content is meant for discussion rather than financial advice [2][3] Group 1 - The article clarifies that past performance does not guarantee future results, indicating a need for caution in investment decisions [3] - It notes that the views expressed may not reflect the opinions of the platform as a whole, suggesting a diversity of perspectives among analysts [3] - The article states that the analysts are third-party authors, which may include both professional and individual investors who might not be licensed or certified [3]