Latest news with #VEON
Yahoo
23-07-2025
- Business
- Yahoo
VEON to Release 2Q25 Earnings Update on August 7, 2025
VEON to Release 2Q25 Earnings Update on August 7, 2025 Dubai, July 23, 2025 – VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the second quarter and half-year ended June 30, 2025, at 8:00 GST (0:00 EST) on August 7, 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 2Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: Once registered, a registration confirmation will be sent to the email address provided during registration with a link to access the webcast and dial-in details to listen to the conference call over the phone. We strongly encourage you to watch the event through the webcast link, but if you prefer to dial in, please use the dial-in details. Q&A If you want to participate in the Q&A session, we ask that you select the 'Yes' option on the 'Will you be asking questions live on the call?' dropdown. That will bring you to a page where you can join the Q&A room by clicking 'Connect to meeting'. You will be brought into a zoom webinar where you can listen to the presentation and once Q&A begins, if you have a question, please use the 'raise hand button' on the bottom of your zoom screen. When it is your turn to speak, the moderator will announce your name as well as sending a message to your screen asking you to confirm you want to talk. Once accepted, please unmute your mic and ask your question. To enhance engagement with the company's shareholders and facilitate connections with its investors, VEON is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by VEON management during the results conference call. Starting on July 31, 2025, at 8:00 EST, the Q&A platform will become available, and all shareholders will be able to submit and upvote questions for VEON management by visiting: This Q&A platform will remain open until 24 hours before the trading update conference call. Shareholders can email support@ for any support inquiries. You can also submit your questions prior the event to VEON Investor Relations at ir@ We look forward to your participation. About VEONVEON 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. VEON is listed on Nasdaq. For more information visit: DisclaimerThis press release contains 'forward-looking statements', as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding management plans and the ability to successfully execute VEON's operating model as well as its governance, strategic and development plans. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events. Contact informationVEONInvestor Relationsir@
Yahoo
02-07-2025
- Business
- Yahoo
VEON Raises USD 200 Million in Private Bond Placement
Dubai, July 2, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ('VEON'), announces today that it has completed the pricing of a private placement of USD 200 million of senior unsecured notes due in 2029 with institutional investors (the 'Notes'), following its announcement on June 16, 2025 that it is considering options to raise external financing through a private placement. The Notes, issued by VEON MidCo B.V., are priced at par and have an annual interest rate of 9.000%. The instrument's expected credit rating from S&P and Fitch is BB-. The Notes will be guaranteed by VEON Amsterdam B.V. and will rank pari passu with VEON HQ's outstanding debt. VEON CFO Burak Ozer said: 'This successful new private placement marks another important milestone in VEON's renewed capital markets story, and I am pleased to note investors' confidence in VEON's strategic trajectory and financial outlook. This new issuance reinforces VEON's access to global capital markets.' Settlement is expected to be July 15, 2025, subject to customary closing conditions. The proceeds from this transaction will be used for general corporate purposes and to optimize VEON's capital structure. About VEONVEON is a Nasdaq-listed 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. For more information visit: Cautionary Statement Neither the notes nor the related guarantee have been, or will be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), or the securities laws of any state or other jurisdiction of the United States, and are being offered and sold in transactions exempt from the registration requirements of the Securities Act and any other applicable U.S. securities laws. There will be no public offering of the Notes in the United States. There is no assurance that the notes will be issued or, if issued, as to the terms under which they will be issued. Promotion of the notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the 'FSMA'), and accordingly, the notes are not being promoted to the general public in the United Kingdom. This announcement is only addressed to and directed at persons who (i) are investment professionals, as such term is defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the 'Financial Promotion Order'), (ii) are persons falling within Article 49(2)(a) to (d) ('high net worth companies, unincorporated associations, etc.') of the Financial Promotion Order, (iii) are outside the United Kingdom or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as 'relevant persons'). The notes will only be available to relevant persons and this announcement must not be acted on or relied on by anyone who is not a relevant person. Manufacturer target market (MIFID II/UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail investors in EEA or the United Kingdom. Disclaimer This press release contains 'forward-looking statements,' as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the words 'expect,' 'will,' 'will be,' and similar expressions (including the negative versions of such words or expressions). By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and are based on numerous assumptions and that the Group's or any of its affiliates' actual results of operations. Contact Information VEON Hande AsikGroup Director of Communications pr@ Investor Relationsir@
Yahoo
28-06-2025
- Business
- Yahoo
VEON's Kyivstar Gains Regulatory Approval for Starlink Direct-to-Cell Testing in Ukraine
VEON Ltd. (NASDAQ:VEON) is one of the best telecom stocks to buy according to Wall Street analysts. On June 18, VEON announced that its Ukrainian subsidiary, called Kyivstar, has received regulatory approval to begin testing Starlink Direct-to-Cell (D2C) services. The approval was granted by the Ukrainian National Commission for the State Regulation of Electronic Communications, Radio Frequency Spectrum, and the Provision of Postal Services/NCEC. The regulatory decision follows the integration of Kyivstar's mobile network with Starlink's Direct-to-Cell service. Recently, a compatibility testing of Kyivstar's SIM cards with Starlink's satellite network at a partner technology evaluation lab in the US proved successful. This confirms that Kyivstar SIM cards are compatible with the Starlink D2C system. A businessperson in the boardroom discussing mobile internet plans. The planned commercial launch of these D2C services is scheduled for Q4 2025. The initiative is expected to enhance Kyivstar's ability to provide essential connectivity across Ukraine, particularly in rural regions. Field testing for these services is slated to commence in select Ukrainian regions this summer. Kyivstar is Ukraine's largest digital operator. VEON Ltd. (NASDAQ:VEON) is a digital operator that provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. While we acknowledge the potential of VEON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
Kyivstar and Ministry of Digital Transformation of Ukraine sign Cooperation Memorandum to Launch National Large Language Model for Ukraine
Ukrainian LLM signing ceremony Dubai and Kyiv, June 17, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, announces today that Kyivstar, VEON's digital operator in Ukraine, has joined forces with Ukraine's Ministry of Digital Transformation to develop Ukraine's first national large language model ('LLM') trained on Ukrainian-language data. The cooperation memorandum builds on VEON's and Kyivstar's pledge to invest USD 1 billion to rebuild Ukraine's digital infrastructure over 2023-2027. The parties plan to develop Ukrainian LLM using open-source architectures and trained exclusively on Ukrainian data sources. In addition to capturing the full range of Ukrainian dialects, terminology, history, and cultural context, the project is designed to ensure that sensitive national data is securely stored and processed within Ukraine, a critical requirement for sectors such as government, defense, healthcare, and financial services. The LLM will also serve as the foundation for AI-powered products and services, including legal and regulatory analysis tools, as well as specialized AI applications across both public and private sectors including in fields like education, finance, and health. Trained on Ukrainian data, the model is expected to deliver more accurate, relevant, and actionable insights for Ukrainian users than general-purpose global models. Kyivstar will develop the LLM in collaboration with Ukraine's Ministry of Digital Transformation and the WINWIN AI Centre of Excellence. The first version of the Ukrainian LLM is scheduled for release by December 2025. 'Today's agreement is major milestone in building a sovereign, secure and culturally relevant AI ecosystem to drive economic growth, while empowering Ukrainians with tools that enhance their lives,' said Kaan Terzioglu, CEO of VEON Group. 'Ukrainian LLM will empower users to access augmented intelligence tools with the full cultural context and depth of their native language and national resources. We consider it a privilege to be supporting Ukraine's digital transformation powered by AI. This initiative demonstrates the true meaning of our commitment to building Ukraine's digital future with our investments.' Oleksandr Komarov, CEO of Kyivstar, added, 'Leading the development of Ukraine's national LLM is aligned with our vision as VEON's digital operator in Ukraine. With Kyivstar's deep technological expertise, AI capabilities, and commitment to national development, we are proud to contribute to Ukraine's digital sovereignty while delivering locally relevant innovation that serves businesses, institutions, and citizens alike.' The development of Ukraine's first national LLM marks the latest expansion of VEON's Group-wide initiatives to close the AI language gap for underrepresented languages across its markets, empowering solutions that augment capabilities for consumers and enterprises. The pioneering KazLLM, launched in Kazakhstan in December 2024 as a partnership of VEON's QazCode, Institute of Smart Systems and Artificial Intelligence at Nazarbayev University (ISSAI NU) and Astana Hub, today powers the 'AI Tutor' on Janymda super-app. In Pakistan, VEON's digital operator Jazz is collaborating with the National University of Sciences and Technology (NUST) and the National Information Technology Board (NITB) to develop a local LLM in Urdu language. About VEONVEON is a Nasdaq-listed 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. For more information visit: About KyivstarKyivstar is Ukraine's largest digital operator, serving over 24 million mobile subscribers and 1.3 million fixed-line users. As VEON's digital operator in Ukraine, Kyivstar offers a comprehensive portfolio of digital services to individuals and businesses, with a strong focus on AI-powered innovation and national digital development. DisclaimerThis release contains 'forward-looking statements', as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON's strategic priorities, operating model and development plans as well as VEON's ability to achieve anticipated results and business objectives. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. Contact Information VEON Hande AsikGroup Director of Communications pr@ Investor Relationsir@ ward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. Contact Information VEON Hande AsikGroup Director of Communications pr@ Investor Relationsir@ Ukrainian LLM signing ceremonySign in to access your portfolio
Yahoo
17-06-2025
- Business
- Yahoo
VEON Appoints Vitaly Shmakov as Acting General Counsel
Dubai, June 17, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ('VEON' or the 'Company'), is pleased to announce that it has appointed Vitaly Shmakov as the Acting General Counsel, based in VEON's headquarters in the Dubai International Financial Center, effective July 1, 2025. Vitaly Shmakov is currently serving as Group Director of M&A and Strategic Transactions at VEON. Since joining the Company in 2016, he has held various roles, including Deputy General Counsel for Corporate, M&A and Strategic Transactions; Associate General Counsel; and Senior Legal Counsel. Prior to joining VEON, Vitaly was a Senior Associate for M&A and Corporate Law at Ashurst LLP, an international law firm based in London. He holds an LL.M in International Business and Trade Law from the NYU School of Law, an LL.M in Corporate & Financial Services from the National University of Singapore and is currently enrolled in an Executive MBA with the London Business School. 'With a career spanning nearly 20 years in M&A and corporate law, Vitaly is a great candidate to lead our stellar legal team as our Acting General Counsel. This appointment demonstrates the success of our talent strategy: we not only transform our business for accelerated growth, but we also grow our talent to meet the evolving needs of the Company. We will continue working with the VEON Leadership Team including Vitaly to successfully execute our transformative initiatives, including progressing with our plans to list Kyivstar on Nasdaq Stock Market,' said Augie K Fabela II, Chairman of VEON Board and VEON Founder. 'Vitaly has played a leadership role in many of the M&A transactions that have shaped VEON into the company it is today. With his expertise in corporate development and corporate law, and with nearly ten years of experience in VEON during which he worked with many cross-functional teams to deliver strategic projects, I am confident that Vitaly will make a strong contribution to VEON's continued success in his new capacity as our Acting General Counsel,' said Kaan Terzioglu, VEON Group CEO. About VEONVEON is a digital operator that provides 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. VEON is listed on NASDAQ and headquartered in Dubai. For more information visit: DisclaimerThis release contains 'forward-looking statements,' as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to, among other things, the execution of VEON's strategy and the planned listing of Kyivstar on Nasdaq Stock Market. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. Contact Information Communications pr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
