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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 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 ...
VEON's JazzCash and Mobilink Bank Shortlisted for Prestigious GLOMO Awards
Newsfilter· 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 ear ...
VEON Gets Unanimous Support from Noteholders Voting in Consent Solicitation to Facilitate Indirect Listing of Kyivstar on Nasdaq
GlobeNewswire· 2025-01-30 11:26
Dubai and Amsterdam, 30 January 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces the successful completion of a bond consent solicitation process (the ”Consent Solicitation”) undertaken by VEON Holdings B.V. (the "Issuer"), with unanimous support from voting noteholders to substitute a new VEON subsidiary for the Issuer and to make certain other amendments to the terms and conditions of the Issuer’s U.S.$1,013,683,000 3.375 per cent. Senior Unsecured Notes ...
VEON: Strong Buy For Ukrainian Rebuilding And Pakistani Economic Convergence
Seeking Alpha· 2025-01-28 09:07
VEON Ltd. (NASDAQ: VEON ) is a Seeking Alpha Quant “Strong Buy” currently trading at what, I believe, is a discounted valuation of just $3.3 billion in market cap and $6.2 billion in EV. VEON is a multinationalAnalyst’s Disclosure: I/we have a beneficial long position in the shares of VEON either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose ...
VEON Appoints New Members to the Group Executive Committee
GlobeNewswire· 2025-01-16 14:30
Dubai, 16 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces the appointments of two of its operating company CEOs to its Group Executive Committee (“GEC”). Aamir Ibrahim, CEO of Jazz and the Chair of Mobilink Bank in Pakistan, and Evgeniy Nastradin, CEO of Beeline Kazakhstan, have joined the GEC effective 1 January 2025, in addition to their country CEO responsibilities. These appointments to the GEC will further strengthen VEON’s strategic alignment ...
VEON to List Kyivstar on Nasdaq in New York, Signs Letter of Intent with Cohen Circle
GlobeNewswire· 2025-01-13 13:00
Kyiv, New York, Dubai and Philadelphia, 13 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or, together with its subsidiaries, the “Group”), and Cohen Circle Acquisition Corp. I (“Cohen Circle”), a special purpose acquisition company (Nasdaq: CCIRU), today announced the signing of a letter of intent (“LOI”) to enter into a business combination with the aim of indirectly listing Kyivstar, VEON’s digital operator in Ukraine, on the Nasdaq Stock Market LLC (“Nasdaq”) in the United Sta ...
VEON appoints Burak Ozer as Group Chief Financial Officer
GlobeNewswire· 2025-01-09 07:00
Key Announcement - VEON Ltd appoints Burak Ozer as Group Chief Financial Officer (Group CFO), effective 9 January 2025 [1] - Burak Ozer succeeds Joop Brakenhoff, who will continue as an Advisor to the Group CEO [1] Burak Ozer's Background - Burak Ozer brings over 27 years of international finance experience [2] - He started his career at Xerox, holding key financial positions in the USA and UK, and served as General Manager of Xerox Turkey [2] - Most recently, he was CFO in the global Digital Transformation, IT Solutions & Cybersecurity sector [2] Leadership Comments - VEON Group CEO Kaan Terzioglu welcomes Burak Ozer, citing his international experience and track record as invaluable for VEON's repositioning in frontier markets [3] - Terzioglu expresses gratitude to Joop Brakenhoff for his years of service and looks forward to his continued advisory role [3] - Burak Ozer expresses excitement to join VEON during a pivotal growth and innovation phase, aiming to drive growth and ensure strong financial governance [3] About VEON - VEON is a global digital operator serving nearly 160 million customers across six countries, representing over 7% of the world's population [4] - The company provides converged connectivity and digital services, transforming lives through technology-driven services in areas like connectivity, financial services, entertainment, education, and healthcare [4] - VEON is listed on NASDAQ [4]
In a Groundbreaking Agreement, VEON and Starlink to Bring Starlink Direct-to-Cell Satellite Connectivity to Kyivstar Customers
Newsfilter· 2024-12-30 08:00
Dubai and Kyiv, 30 December 2024: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or "VEON Group"), today announces that Kyivstar, its digital operator in Ukraine, has signed an agreement with Starlink, a division of SpaceX, to introduce groundbreaking direct-to-cell satellite connectivity in Ukraine. Upon its launch, the service will make Ukraine one of the first countries to have the game-changing Starlink direct-to-cell service, enhancing the resilience of the country's connectivity landscape ...
VEON discloses its unaudited interim condensed consolidated financial statements for 3Q and 9M 2024
Newsfilter· 2024-12-13 07:00
Dubai and Amsterdam, 13 December 2024: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON"), following the release of its 3Q24 trading update on 14 November 2024, today discloses its unaudited interim condensed consolidated financial statements for the three-month and nine-month periods ended 30 September 2024 for VEON Ltd. The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/. About VEONVEON is a Nasdaq-listed digital operator that provides converged con ...