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), parent of Kyivstar (Nasdaq: KYIV), announced that Uklon has launched Ukraine’s first live testing of autonomous vehicle technology.
The pilot at Boryspil International Airport uses sensors, LiDAR, real-time connectivity, telemetry and remote operations, and is VEON’s first autonomous mobility initiative, enabled by its USD 1.3 billion digital infrastructure investment in Ukraine from 2023–2026.
VEON (Nasdaq: VEON) announced that subsidiary Kyivstar acquired six solar power plants in Ukraine’s Lviv region with 105 MW capacity for USD 80.8 million (UAH 3.6 billion).
The plants generated about 113 GWh, UAH 682 million revenue and UAH 596 million EBITDA in FY 2025, nearly ninefold expanding Kyivstar’s renewable portfolio to 118 MW.
VEON (Nasdaq: VEON) highlighted a new Frontier Economics report on how mobile tax reform in Bangladesh and Pakistan could accelerate digitalization, GDP growth and government revenues.
The modelling suggests that cutting sector-specific mobile taxes and boosting penetration can lift GDP per capita growth and, by 2030–2031, increase overall tax receipts.
VEON (Nasdaq: VEON) priced a USD 1.4 billion senior unsecured bond offering via subsidiary VEON Midco B.V., guaranteed by VEON Amsterdam B.V.
The issue comprises USD 700m 6.95% notes due 2031 (non-call 2 years) and USD 700m 7.45% notes due 2033 (non-call 3 years), both priced at par.
VEON plans to use proceeds mainly to refinance debt, including a tender of up to USD 750m of 3.375% notes due 2027. The notes are expected to be rated BB-, rank pari passu with existing debt, and be listed on Luxembourg’s Euro MTF.
VEON (Nasdaq: VEON) announced investor meetings for a potential dual-tranche unsecured USD notes offering via VEON MidCo B.V. The planned five-year and seven-year notes are expected to extend average debt maturity and, with a concurrent tender offer, support capital structure optimization.
VEON intends to use net proceeds to fund a tender offer of up to USD 750 million for its outstanding 3.375% Senior Notes due 2027, which total USD 1,013,973,000 in principal, with any remaining funds directed to additional debt reduction and general corporate purposes.
VEON (NASDAQ: VEON) reported strong 1Q26 results, with total revenue up 17.0% YoY to USD 1,201 million and EBITDA up 17.7% to USD 517 million, lifting margin to 43.0%.
Digital revenue rose 57.7% to USD 303 million (25.2% of revenue), financial services grew 41.0% to USD 135 million, and equity free cash flow increased 73.4% to USD 246 million. Net debt/EBITDAaL improved to 1.07x. VEON raised 2026 revenue growth guidance to 11–14% in USD terms, kept EBITDA growth guidance at 7–10%, and now expects FY26 capex intensity (excluding Ukraine) at 15–17%. The company targets at least USD 100 million in annual share buybacks, has repurchased 3.1 million ADSs for USD 149.6 million since 2024, and is advancing acquisitions and Starlink partnerships across Pakistan, Bangladesh, Kazakhstan and Ukraine.
VEON (Nasdaq: VEON) shareholders re-elected all seven directors at the May 11, 2026 AGM and the Board re-elected founder Augie K Fabela II as Chairman for a third term.
VEON reported FY25 revenue of USD 4.4 billion (+9.9% YoY) and EBITDA of USD 2.0 billion (+18.8% YoY) with a 45.7% margin. Direct digital revenue grew 62.5% YoY to USD 759 million, reaching 20.1% of 4Q25 revenue as active digital customers rose to 205.8 million. A capital allocation policy targets returning at least USD 100 million annually, following a USD 100 million buyback authorized in November 2025. Around 99.55% of shares were represented, and shareholders re-appointed UHY LLP as auditor for FY26.
VEON (Nasdaq: VEON) announced that Kyivstar (Nasdaq: KYIV; KYIVW) is authorized to resell Starlink broadband services and hardware to businesses and public institutions in Ukraine, including schools, hospitals and community clinics.
The agreement lets Kyivstar sell Starlink Kits and subscriptions directly, combining satellite connectivity with Kyivstar's terrestrial mobile and fixed networks to offer an integrated multi-layer connectivity stack for remote or infrastructure-constrained locations.
VEON (Nasdaq: VEON) and its Kyivstar unit fulfilled and exceeded their 2023-2027 Ukraine investment pledge ahead of schedule, investing USD 1.3 billion between 2023 and April 2026, or 130% of the original USD 1.0 billion commitment. Investments targeted connectivity, energy resilience, digital services and strategic acquisitions.
Key actions included mobile coverage expansion, Starlink Mobile direct-to-device deployment, accelerated fixed-line rollout, backup power investments, and acquisitions of Uklon, Tabletki.ua and SUNVIN 11.
VEON (NASDAQ: VEON) announced that, effective January 1, 2026, BNY Mellon will not collect depositary service fees on VEON American Depositary Shares (ADSs), reducing the cost of ownership by USD 0.05 per ADS per year. The company also outlined a capital allocation policy targeting at least USD 100 million annually for share buybacks and reiterated its strategy to become a consumer and enterprise service company with a telco license across five markets.