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Amsterdam and Dubai, 30 September 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, is pleased to announce the appointment of two new senior executives to its Group Leadership Team in Dubai. Anand Ramachandran, who joins VEON as the Chief of Staff to the Group CEO, and Inanc Cakiroglu, who joins as the Group Chief Information Officer (CIO), will both be based in VEON's expanding operational hub in Dubai, and report to Group CEO Kaan Terzioglu.
Amsterdam, 13 September 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services, is delighted to announce that Omiyinka Doris, VEON's Group General Counsel, has been named by the Financial Times (FT) as one of the world's top 15 in-house legal leaders in FT's annual list.
Amsterdam and Kyiv, 14 August 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that its wholly owned subsidiary Kyivstar has launched We Live Here 2.0, a fundraising campaign to support the demining of Ukrainian territory together with the Come Back Alive Foundation and with informational support from the Ministry of Economy of Ukraine.
VEON Ltd. (NASDAQ:VEON ) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Faisal Ghori - Group Director of Investor Relations Kaan Terzioglu - Group CEO Joop Brakenhoff - Group CFO Conference Call Participants Luke Robert - Barclays Operator Hello, and welcome to VEON's Q2 2024 Trading Update Call. We ask that you please hold all questions until the completion of the formal remarks, at which time we'll be given instructions for the question-and-answer session.
VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance Amsterdam, 8 August 2024 07:00AM CEST VEON Q2 2024 Highlights Q2 revenue of USD 1,026 million, +12.1% YoY (+15.1% YoY in local currency) and EBITDA of USD 459 million, +10.6% YoY (+13.9% YoY in local currency) Q2 direct digital revenue of USD 108 million, +83.3% YoY (+81.4% YoY in local currency) Q2 capex of USD 181 million, +5.8% YoY, with LTM capex intensity of 18.0% Total cash and cash equivalents of USD 722 million, with USD 375 million at HQ; and gross debt at USD 4.0 billion (decreased by USD 1.2 billion YoY), with net debt excluding lease liabilities at USD 2.2 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 Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connec
Amsterdam, 1 August 2024: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, (“VEON” or the “Company”), announces its intention to voluntarily delist from Euronext Amsterdam (the “Delisting”). VEON is also pleased to inform its shareholders and the investment community that it intends to initiate a buyback program for up to USD 100 million with respect to its American Depositary Shares (“ADS”) following the Delisting.
Amsterdam, 29 July 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services (“VEON” or “the Company”, and together with its subsidiaries the “Group”), announces that today it has published its 2023 Integrated Annual Report (IAR), showcasing the Company's performance across financial, social, environmental and governance metrics.
VEON to release 2Q 2024 trading update on 8 August 2024 Amsterdam, 25 July 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 second quarter and six months ended 30 June 2024, at or around 7:00 CEST (6:00 BST, 1:00 EST) on 16 May 2024.
VEON Ltd. stock has seen a 7.4% increase since May, although potential still exists for downside support to be tested. Q1 revenue growth was strong, with 4G penetration increasing in key markets like Ukraine, Pakistan, Kazakhstan, and Uzbekistan. Operating cashflow of $262 million in Q1 covered capex spending, allowing for continued aggressive investment in growth.
Amsterdam and Karachi, 22 July 2024: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, has secured the country's largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. USD 270 million). This 10-year financing arrangement will power Jazz's growth ambitions as the country's leading provider of 4G connectivity and digital services to millions of consumers and enterprises.