STOCK TITAN
  1. Home
  2. News
  3. VEON

VEON Ltd - VEON STOCK NEWS

Welcome to our dedicated news page for VEON (Ticker: VEON), a resource for investors and traders seeking the latest updates and insights on VEON.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VEON's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VEON's position in the market.

News
VEON and Summit Complete USD 100m Deal for Bangladesh Towers Portfolio
Rhea-AI Summary
VEON Ltd. completes the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for approximately BDT 11 billion (c. USD 100 million). The sale marks an important milestone in VEON's strategy to transform into an asset-light digital operator. Banglalink secures tower infrastructure services for 12 years with potential extensions. The proceeds will be used to fulfill financial commitments and generate cost efficiencies for Banglalink's digital expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
none
-
News
Kyivstar Completes Preliminary Assessment of the Financial Impact of the Cyberattack
Rhea-AI Summary
VEON Ltd. announces the preliminary assessment of the financial impact of a cybersecurity incident that affected its Ukrainian subsidiary Kyivstar, resulting in a temporary disruption of network and services. Despite no material financial impact on its 2023 results, the company anticipates a revenue impact of approximately 3.6 billion UAH (approximately 95 million USD) for the year ending 31 December 2024 due to customer loyalty measures taken by Kyivstar.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
none
-
News
VEON Presents Digital Operator Success Story at NSR/BCG Investor Conference in New York
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) recently participated in an investor conference highlighting the achievements of its digital operator strategy, showcasing the success of its digital transformation in markets like Pakistan, Ukraine, Bangladesh, Kazakhstan, Uzbekistan, and Kyrgyzstan. The company has raised its full-year guidance for 2023 to 18%-20% growth year-on-year in local currency for revenues and EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
none
News
Kyivstar restores services in all categories, brings 99% of mobile network back on air
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces that Kyivstar has restored all communication services in Ukraine after a widespread cyber-attack. 99% of Kyivstar’s base stations in the territory controlled by the Ukrainian government are operational, with a focus on improving user experience and stabilizing the network. CEO Oleksandr Komarov expresses gratitude to customers and the Ukrainian authorities for their support and assistance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Kyivstar restores mobile internet across Ukraine, reactivates international roaming
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces that its Ukrainian subsidiary Kyivstar has restored mobile internet services across the country after a widespread cyber-attack. More than 95% of mobile network base stations are now active, and international roaming services have also been restored. Kyivstar is working on launching SMS services and restoring access to the MyKyivstar self-care application. The company expresses gratitude to Ukrainian law enforcement agencies, government agencies, and customers for their support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
-
News
Kyivstar restores voice services across Ukraine, starts the reactivation of mobile data services
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces the restoration of connectivity by its Ukrainian subsidiary Kyivstar following a widespread cyber-attack. More than 90% of mobile base stations are now operational, voice services have been switched on across the country, and data connectivity on the fixed network is active. The company is gradually restoring other services to avoid network congestion. The full financial impact remains unquantifiable at this stage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none
News
Kyivstar starts restoring voice services on its network following widespread cyber-attack
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces that its Ukrainian subsidiary Kyivstar has started restoring voice services on its mobile network following a cyber-attack. The restoration will progress gradually, with setbacks possible. Kyivstar is also working on restoring data and SMS messaging services. The company is cooperating with Ukrainian law enforcement agencies and government services to identify the circumstances of the attack. Kyivstar refuted claims of compromised consumer data. VEON and Kyivstar are conducting an investigation to determine the full extent and impact of the incident and to implement additional security measures. The financial impact remains unquantifiable as services continue to be restored. VEON and Kyivstar thank Ukrainian government agencies and express their commitment to keeping Ukraine connected and resilient.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
-
News
Kyivstar Provides Update on Cyber-Attack Recovery; Reports Partial Restoration of Connectivity on its Fixed Network
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) notes the updates from its Ukrainian subsidiary Kyivstar regarding the recovery efforts after a cyber-attack. Kyivstar's network suffered a significant cyber-attack, impacting communication services. The technical teams are working on restoring services, with partial restoration of fixed-line services already achieved. The company is committed to fully restoring all services and is working closely with Ukrainian authorities. VEON and Kyivstar are conducting an investigation to determine the full extent and impact of the incident and implement additional security measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
-
News
Kyivstar Network Targeted by Widespread Cyber Attack
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces that its Ukrainian subsidiary Kyivstar experienced a widespread hacker attack causing a technical failure, resulting in temporary unavailability of communication and Internet access services. Personal data of subscribers has not been compromised. Kyivstar is working with law enforcement to address the attack and restore services. VEON and Kyivstar are conducting an investigation to determine the full impact and implement additional security measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
News
VEON’s Mobilink Bank Participates in COP28, Emphasizes the Role of Gender Inclusivity in Climate Finance
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) announces that its financial services operating company in Pakistan, Mobilink Bank, participated in the 28th United Nations Climate Change Conference (COP28) in Dubai. Mobilink Bank has invested over PKR1.6 billion in green financing and allocated over PKR12 billion of subsidized financing to more than 66 thousand women entrepreneurs. The company aims to combat climate change and promote gender equality through its sustainable agricultural practices and gender-inclusive focus.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
none
Stock VEON logo
VEON Ltd

Nasdaq:VEON

VEON Rankings

#1951 Ranked by Market Cap
#127 Ranked by Stock Gains
N/A Ranked by Dividends

VEON Stock Data

1.75B
692.81M
0.06%
23.35%
0.1%
Wireless Telecommunications Carriers (except Satellite)
Information
Link
Netherlands
Amsterdam

About VEON

a global tech company aiming to lead the personal internet revolution, bringing new experiences to hundreds of millions of customers in the markets of tomorrow