Veon Ltd Stock Price, News & Analysis

VEON (Nasdaq: VEON) has signed a business combination agreement with Cohen Circle Acquisition Corp. I to list Kyivstar, Ukraine's largest digital operator, on the Nasdaq Stock Market. The transaction values Kyivstar at USD 2.21 billion at closing.

Kyivstar serves 24 million customers with fixed and mobile communication services. The company's digital portfolio includes the Helsi healthcare platform with over 28 million registered patients and Kyivstar TV with 2 million monthly active users. Enterprise services include cloud, cybersecurity, AI solutions, and Kyivstar Tech software development.

Following the business combination, expected to close in Q3 2025, Kyivstar Group will trade under the ticker symbol KYIV. VEON will maintain a minimum 80% ownership stake in Kyivstar Group post-closing, subject to Cohen Circle's shareholder approval and customary conditions.

VEON (Nasdaq: VEON) has appointed Johan Buse as the new CEO of Banglalink, its digital operator in Bangladesh, effective April 6, 2025. Buse, who previously led StarHub's Consumer Business Group in Singapore, brings decades of telecom industry experience across Europe, Asia, and the Middle East, including roles at Ooredoo Oman, Deutsche Telekom Croatia, AXIS, and Singtel.

He succeeds Erik Aas, who is departing after nine years of leadership during which Banglalink expanded nationwide, enhanced its 4G network, and launched digital services including Toffee, MyBL, and RYZE. Buse aims to accelerate digital expansion and contribute to Bangladesh's economic growth by leveraging VEON's digital expertise to bridge the digital divide and foster innovation.

VEON (NASDAQ: VEON) has announced it will release its Q4 and full-year 2024 financial and operating results on March 20, 2025 at approximately 10:00 GST (2:00 EST). The company will host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day.

The digital operator is implementing an enhanced shareholder engagement approach by partnering with Say Technologies to facilitate Q&A participation. Starting March 13 at 8:00 EST, shareholders can submit and upvote questions through Say Technologies' platform until 24 hours before the conference call. Questions can also be submitted directly to VEON's Investor Relations team.

VEON (Nasdaq: VEON) announces its subsidiary, Mobilink Microfinance Bank, has won the 'CMO Marketing Campaign' Award at the GSMA Global Mobile (GLOMO) Awards during Mobile World Congress 2025 for its Invisible Heirs campaign.

The campaign addresses women's inheritance rights in Pakistan through an innovative inheritance calculator integrated into Mobilink Bank's Dost mobile app. The initiative combines technological solutions with powerful storytelling to help women calculate and claim their rightful inheritance shares.

This victory adds to VEON's GLOMO Awards success, following Kyivstar's 2024 win for Network Resilience Project. Mobilink Bank previously received the 'Digital Nations Video Creativity Award' for the same campaign at GSMA's M360 Asia-Pacific event in 2024. Additionally, JazzCash, Pakistan's largest fintech with nearly 20 million monthly active users, was shortlisted for 'Best Fintech Innovation' for its Tap Pay for Business feature.

VEON (Nasdaq: VEON) announced that its Pakistani digital operator Jazz has partnered with Huawei to implement solar power across 1,000 sites in Pakistan. The project, utilizing Huawei's iSolar technology, will be completed in the coming months of 2025.

The initiative aims to achieve up to 96% energy cost reduction at implemented sites, supporting Jazz's goal of reaching net-zero carbon emissions by 2050. The solar deployment will enable reliable connectivity powered by renewable energy while demonstrating environmental responsibility in Pakistan's telecom sector.

The project is designed to serve as a scalable model for future expansion, establishing a replicable framework for sustainable telecom infrastructure development.

VEON's Beeline Uzbekistan announces partnership with P.I. Works to implement AI-driven network automation for enhanced customer experience. The collaboration will deploy predictive analytics to proactively resolve network issues within 100-meter accuracy before customer complaints arise.

The initiative aims to improve service quality and customer satisfaction through AI-powered insights for Beeline's 8.2 million subscribers. In January 2025, Beeline upgraded 222 base stations and plans to upgrade 404 more while launching 353 new sites in 2025.

Recent network improvements using Massive MIMO technology have resulted in significant gains: data speeds increased by 53% and traffic grew by 16%. The company's VoLTE services now serve over a million users with enhanced voice call quality over 4G networks.

VEON (Nasdaq: VEON) and its subsidiary Kyivstar highlighted their investments in Ukraine's digital infrastructure during a delegation visit to Kyiv. The delegation, led by VEON Chairman Augie Fabela and CEO Kaan Terzioglu, met with key government officials and participated in the YES Special Meeting.

Key announcements include VEON's USD 1 billion investment plan for Ukraine over 2023-2027 and plans for indirectly listing Kyivstar on Nasdaq, which would make it the first Ukrainian business publicly traded in the US. Kyivstar, wholly owned by VEON, serves nearly 24 million connectivity customers and operates digital platforms including Helsi healthcare platform with 28 million registered users, Kyivstar TV, and various cloud, cybersecurity, and AI solutions.

VEON's Ukrainian subsidiary Kyivstar and the Come Back Alive Foundation have successfully raised USD 2.6 million (UAH 107 million) for the We Live Here 2.0 project, aimed at demining Ukrainian territory. The campaign, supported by the Ministry of Economy of Ukraine, will fund Ukrainian-made robotics, 'Vampire' drones, vehicles, and communications tools for mine clearance operations.

This follows the first phase which raised USD 4.8 million (UAH 180 million), with Kyivstar's total contribution across both phases reaching USD 1.2 million (UAH 50 million). The initiative addresses a critical safety issue, as over 140,000 square kilometers of Ukraine are contaminated by landmines, which caused 608 civilian casualties, including 104 deaths, in 2024.

The funds will equip four newly created companies of engineering unmanned systems with Ukrainian-manufactured Termit and Tarhan ground robotic systems, supporting VEON's broader USD 1 billion commitment to rebuild Ukraine's telecom infrastructure.

VEON (Nasdaq: VEON) has been shortlisted for two Global Mobile (GLOMO) Awards at MWC 2025. JazzCash, Pakistan's largest fintech with nearly 20 million monthly active users, is nominated for 'Best Fintech Innovation' for its Tap Pay for Business solution, which transforms mobile devices into Point-of-Sale machines. Mobilink Microfinance Bank, VEON's digital banking subsidiary, is nominated for 'CMO Marketing Campaign' for its Invisible Heirs initiative, which addresses women's inheritance rights in Pakistan through an inheritance calculator in their mobile app.

These nominations follow VEON's previous GLOMO Award wins in 2024 for Kyivstar's Network Resilience Project and in 2023 for 'Best Mobile Operator Service for Connected Consumers'. The awards ceremony will take place in Barcelona on March 5th, 2025.