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. reports developments as a Nasdaq-listed digital operator providing connectivity and digital services through mobile, fixed-line and broadband networks. Company news commonly covers operating and financial results, integrated annual reporting, governance actions from annual general meetings, ADS program updates and capital allocation policies.
Recurring operating updates include Kyivstar activity in Ukraine, Banglalink activity in Bangladesh, satellite-enabled connectivity agreements with Starlink, network resilience investments and the expansion of digital services such as healthcare, ride-hailing, delivery and enterprise connectivity. These updates describe how VEON combines telecom infrastructure with consumer and business digital platforms across its markets.
VEON (NASDAQ: VEON) announced that its Bangladesh subsidiary Banglalink has received a Payment Service Provider (PSP) licence from Bangladesh Bank, enabling entry into the country’s digital payments market under the new brand Mukto Pay, a fully owned Banglalink service.
The licence aligns with VEON’s June 2026 “Invest in Bangladesh NOW” framework, which includes an initial USD 250 million investment as part of a plan to attract USD 1 billion in foreign direct investment to support connectivity, digital infrastructure, financial services and AI. Banglalink reported Q2 2026 revenue growth of 4.1% YoY in BDT terms and underlying EBITDA up 13.6%, while VEON’s Q2 2026 digital revenue rose 53.6% YoY to USD 342 million, with financial services contributing USD 151 million and serving about 59 million active customers.
VEON (Nasdaq: VEON) reported 2Q26 revenue of USD 1,271 million, up 17.0% YoY, with EBITDA of USD 552 million, up 6.2% YoY and 1H26 EBITDA up 11.5% to USD 1,069 million. Digital revenue rose 53.6% YoY to USD 342 million, delivering a 36.1% EBITDA margin and reaching 26.9% of Group revenues.
Profit for the period was USD 140 million, down 77.0%, mainly reflecting prior-year one-offs and a USD 21 million fair value loss on KGL warrants. Equity FCF was USD 74 million in 2Q26 and USD 320 million in 1H26 (+47.5% YoY). VEON raised its 2026 guidance to revenue growth of 15%–18% and EBITDA growth of 9%–12%, and has repurchased about USD 82.6 million under its current USD 100 million program while planning to cancel at least USD 100 million of shares and ADSs annually.
Kyivstar Group (Nasdaq: KYIV; KYIVW), parent of Ukraine’s leading digital operator Kyivstar and part of VEON Group (Nasdaq: VEON), has opened a new office at 1270 Avenue of the Americas in New York’s Rockefeller Center. This is Kyivstar’s first dedicated U.S. investor relations presence and follows its August 2025 Nasdaq listing as the first Ukrainian company on a U.S. stock exchange.
The New York office will focus on investor relations, communications and engagement with U.S. investors, business and industry partners, and the wider international business community, without undertaking commercial or operational functions. The opening precedes Kyivstar Group’s 2Q2026 earnings announcement on July 31, 2026, to be hosted in person in New York for the first time. The office will also serve as a home for the “Invest In Ukraine NOW!” campaign, launched by VEON and Kyivstar in August 2025, and is presented by Kyivstar as part of its long-term commitment to transparency, corporate governance and international growth.
VEON (Nasdaq: VEON) reported record engagement for the FIFA World Cup 2026 on Toffee, the digital entertainment platform of its Bangladesh operator Banglalink. Over the 39-day tournament, Toffee generated 200 million views, 2 billion live watch minutes, 20 million monthly active users and 6.6 million unique FIFA live-channel viewers, who watched an average of 300 minutes.
Toffee handled peak concurrency of 1.5 million viewers, with the Final alone delivering 180 million watch minutes, 1.5 million unique viewers and over 8 million views. Around 23% of viewers used connected TVs. More than 25 brands advertised on Toffee, with about 80% of inventory sold before kick-off, resulting in billions of ad impressions.
VEON (Nasdaq: VEON) announced that its subsidiary Jazz International Holding Limited has completed the acquisition of a controlling stake in TPL Insurance, a publicly listed Pakistani insurer. After the mandatory tender offer, Jazz International now holds 76.33% of TPL Insurance's issued share capital for aggregate consideration of about PKR 4.55 billion (~USD 16.4 million).
TPL Insurance, an AA-rated InsurTech, reported PKR 5.7 billion (~USD 20.6 million) in Gross Written Premium and over 277,000 policies issued as of December 31, 2025. According to VEON, the deal broadens its Pakistan digital financial ecosystem, adding insurance alongside JazzCash and Mobilink Bank under JazzWorld, collectively serving over 100 million customers, and is not expected to be material to VEON's current consolidated financial position.
VEON (Nasdaq: VEON) will release its 2Q26 and first-half 2026 financial and operating results on July 31, 2026, at 8:00 GST / 0:00 ET.
Management will host an earnings presentation and call at 17:00 GST / 9:00 ET, with in-person attendance in New York, webcast, phone dial-in, and YouTube livestream options.
VEON (Nasdaq: VEON) Group CEO Kaan Terzioglu met Kazakhstan President Kassym-Jomart Tokayev during the 38th Foreign Investors Council, reaffirming support for the national Digital Qazaqstan Strategy.
VEON highlighted progress on a hybrid Direct to Cell solution targeting 100% country coverage, with availability for citizens planned in August 2026. Beeline Kazakhstan is building a Tier III Hyper Cloud data center in Almaty, aimed to go live by end-2026, and has completed Central Asia’s first field test of Starlink Direct to Cell voice and SMS, with a commercial rollout beginning with messaging later in 2026.
VEON (Nasdaq: VEON) and Mastercard announced a collaboration to expand accessible digital financial services in Ukraine, Kazakhstan, Pakistan and Uzbekistan. The partnership combines VEON’s local digital platforms and data capabilities with Mastercard’s global payments network.
Planned offerings include AI-powered credit scoring, embedded finance, digital wallets, merchant services, loyalty and remittances, starting with pilots in Ukraine and Kazakhstan and potential expansion across VEON’s markets and beyond.
VEON (Nasdaq: VEON), parent of Banglalink, committed an initial USD 250 million investment in Bangladesh over the coming years as the anchor of the new “Invest in Bangladesh NOW” initiative, which aims to attract USD 1 billion in foreign direct investment.
The planned capital will target advanced connectivity, next-generation digital infrastructure, digital financial services, and AI, supporting digital and financial inclusion through services such as digital banking, microfinance and micro insurance for underserved individuals and small businesses across Bangladesh.
Kyivstar, part of VEON (Nasdaq: VEON), signed an MoU with Ukraine’s Ministry of Economy to advance national AI-ready digital infrastructure. The parties will explore creating a sovereign AI data center in Ukraine, supporting technological sovereignty, secure in-country data processing, and long-term digital-driven economic growth.