Welcome to our dedicated page for Veon news (Ticker: VEON), a resource for investors and traders seeking the latest updates and insights on Veon stock.
VEON Ltd (VEON) delivers mobile connectivity, digital services, and fixed-line solutions across emerging markets through brands like Beeline and Kyivstar. This page aggregates all official announcements and third-party coverage related to the company’s operations, financial performance, and strategic initiatives.
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Key coverage areas include quarterly financial results, partnership announcements, leadership updates, network expansion projects, and digital service launches. All content undergoes strict sourcing verification to ensure compliance with financial disclosure standards.
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VEON Ltd. (Nasdaq: VEON) has become the founding member of GSMA Advance's People Excellence Partner program, demonstrating its commitment to professional development and continuous learning. Through this partnership, VEON employees will gain access to GSMA Advance's comprehensive learning materials, including courses and certifications in crucial areas such as 5G, IoT, mobile privacy and security, public policy, and regulatory best practices.
The initiative, coinciding with VEON's strategic relocation from Amsterdam to Dubai, aims to leverage the local talent pool while providing employees with opportunities for skill development in telecom and digital domains. This partnership reinforces VEON's dedication to building high-performing teams equipped with cutting-edge industry knowledge.
VEON Ltd. (Nasdaq: VEON) held its Annual General Meeting at Nasdaq Stock Market in New York City, where shareholders approved the re-election of all seven directors to the Board. The meeting saw approximately 99.5% shareholder representation. Following the AGM, Augie K Fabela II, VEON's founder, was re-elected as Chairman for a second term.
The re-elected Board includes Andrei Gusev, Rt. Hon. Sir Brandon Lewis CBE, Duncan Perry, former U.S. Secretary of State Michael R. Pompeo, Michiel Soeting, and VEON Group CEO Kaan Terzioglu. Shareholders also approved the re-appointment of UHY LLP as the external auditor for the 2025 financial year.
VEON Ltd. (NASDAQ: VEON) has announced that its Kazakh software development company, QazCode, has signed an MoU with Seekr to develop AI-powered B2B solutions. QazCode will integrate SeekrFlow, an end-to-end enterprise AI platform, to accelerate the development of augmented intelligence solutions across VEON's operating countries.
QazCode has already achieved significant milestones in AI development, including creating KazLLM, an AI model with versions containing 8 billion and 70 billion parameters, and Kaz-RoBERTA, the first Kazakh language AI model with 2 billion parameters. The company's KazLLM recently won the GSMA Foundry's Artificial Intelligence Award at MWC Barcelona in February 2025.
VEON Ltd. (NASDAQ: VEON) has announced it will release its Q1 2025 financial and operating results on May 15, 2025, at 8:00 GST (0:00 EST). The company will host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. To enhance shareholder engagement, VEON is partnering with Say Technologies to allow shareholders to submit and upvote questions starting May 8, 2025. Shareholders can participate through the conference webcast, dial-in, or submit questions through Say Technologies' platform up to 24 hours before the call.
VEON (Nasdaq: VEON) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The filing includes the company's financial statements, which have been audited by UHY LLP according to Public Company Accounting Oversight Board standards.
Group CEO Kaan Terzioglu emphasized that the filing demonstrates VEON's progress in maintaining transparency, operational discipline, and commitment to long-term value creation. The 2024 20-F report is accessible through the SEC website and VEON's corporate website in the Financial Results section. Shareholders can request free hard copies of the report, including audited financial statements, by contacting VEON's Investor Relations Department.
VEON (Nasdaq: VEON) has published its 2024 Integrated Annual Report, highlighting strong operational and financial performance. The company served 122 million monthly active users across its digital services portfolio and reported an 8.3% year-on-year increase in Group revenues and 4.9% growth in Group EBITDA for FY24.
Key achievements include the deployment of AI-based solutions like Kaz-LLM in Kazakhstan, commitment of USD 1 billion investment in Ukraine (2023-2027), and expansion of energy-efficient operations with 70,000 power-saving base stations. Digital services revenue grew 63% year-on-year, contributing 11.5% to total Group revenues.
The company enhanced corporate governance by consolidating trading on Nasdaq and relocating headquarters to Dubai. VEON increased investment in employee development to USD 4.4 million and improved women's representation in leadership across various markets.
VEON (Nasdaq: VEON) has completed its reorganization of VEON Holdings B.V. and consent solicitation process, marking a important step toward Kyivstar Group 's planned Nasdaq listing under the ticker symbol KYIV. The reorganization included a legal demerger in the Netherlands, focusing VEON Holdings B.V. exclusively on Kyivstar and related assets, while transferring other core businesses to new Dutch entities.
The company successfully secured unanimous approval from its 2027 bondholders to transfer the issuer from VEON Holdings B.V. to VEON MidCo B.V., with 95.83% of bonds represented at the January 30, 2025 meeting. This restructuring facilitates the proposed business combination with Cohen Circle Acquisition Corp. I, positioning Kyivstar Group , the parent company of Ukraine's leading digital operator, for its upcoming Nasdaq debut.
VEON (Nasdaq: VEON) has scheduled its 2025 Annual General Meeting (AGM) for May 8, 2025, with March 31, 2025, set as the record date. The Board has recommended the re-election of all seven current Board members, including five nominees proposed by shareholders holding over 5% of issued share capital.
The nominated Board members include Augie K Fabela II, Andrei Gusev, Sir Brandon Lewis, Duncan Perry, Michael R. Pompeo, Michiel Soeting, and current CEO Kaan Terzioglu. Board Chairman Fabela emphasized the company's exceptional recent performance and the importance of continuity in leadership.
The AGM agenda also includes the re-appointment of UHY LLP as external auditor for FY2025 and the review of audited financial statements for FY2024. Detailed information about the AGM will be provided to registered shareholders prior to the meeting.
VEON (Nasdaq: VEON) has successfully secured a USD 210 million senior unsecured term loan from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks. The 24-month facility marks VEON's return to capital markets and will bear interest at SOFR plus 425 bps.
The new financing strengthens the company's liquidity position and demonstrates market confidence in VEON's digital operator strategy. This headquarters-level syndicated loan aims to enhance the Group's financial flexibility and overall financial position.
VEON (Nasdaq: VEON) has appointed Anand Ramachandran as Corporate Development Officer, effective May 1, 2025. In this role, Ramachandran will lead VEON's Mergers & Acquisitions and Investor Relations teams.
Ramachandran joined VEON as Chief of Staff in September 2024, where he managed strategic initiatives involving internal, regional and global stakeholders. His previous role was Vice President of Business Management in the Group CEO's Office at Singapore Telecom. With nearly three decades of experience in international financial markets and investor relations at global investment banks and large telecoms companies, Ramachandran brings significant expertise to this position.
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