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 on December 11, 2025 that Banglalink received permission from Bangladesh Bank to operate as a payment service provider in Bangladesh.
As a regulated provider, Banglalink will offer instant person-to-person transfers, remittances, utility and government bill payments, merchant and e-commerce transactions, and salary/disbursement services, with later support for micro-savings and insurance premium payments. The company said the platform will include a strong security framework and aims to expand digital financial inclusion in a market where 72% of the population remained outside the traditional banking system in 2023.
VEON reported 42.1 million monthly active users of digital financial services as of September 30, 2025, a 25% year-on-year increase.
VEON (Nasdaq: VEON) was recognized at the World Communication Awards 2025 in London across three categories for advances in financial inclusion, resilient connectivity and digital transformation.
JazzCash won Gold in Beyond Connectivity; Kyivstar won Silver for Satellite Telecommunications; and Jazz won Silver for Best Digital Transformation Programme (joint with Huawei).
JazzCash reported 20.6 million monthly active users and a 750,000 merchant base as of September 30, 2025. Kyivstar launched SMS via Starlink Direct to Cell for 4G smartphones to strengthen connectivity in disrupted areas.
VEON (Nasdaq: VEON) announced inclusion in two major global equity indices, strengthening investor visibility and institutional access. VEON was added to the S&P Global Broad Market Index (BMI) after the September 2025 rebalance and was selected for the MSCI Ukraine Index in November 2025. The company tied these additions to strong operational performance, resilient exposure to the Ukrainian economy through Kyivstar, and recent strategic developments including Kyivstar’s successful Nasdaq listing.
The company said the index inclusions broaden its reach to global institutional investors and support its transformation into a digital operator while it continues to engage with index providers, analysts, rating agencies, and exchanges to improve investor understanding.
VEON (Nasdaq: VEON) announced that Beeline Kazakhstan has begun construction of a Tier III Hyper Cloud data center in Almaty to serve as a sovereign cloud, AI compute, and enterprise digital-services hub. The facility will keep customer data within Kazakhstan to meet national security and data‑sovereignty requirements and will offer IaaS, PaaS, BaaS, GPU-as-a-Service, and Security-as-a-Service for SMEs, developers, enterprises, and public-sector organisations. The project targets a end‑of‑2026 go‑live and aims to provide full-service redundancy inside Beeline Kazakhstan’s infrastructure, strengthening reliability, security, and local AI compute capacity.
The announcement cites Kazakhstan’s IT sector growth—more than 18,000 companies operating, a 16% increase in three years—as context for increased domestic cloud demand.
VEON (Nasdaq: VEON) said Kyivstar and Ukraine’s Ministry of Digital Transformation selected Google Gemma as the foundation for a national Ukrainian large language model (LLM), using Google Vertex AI for computing.
Kyivstar will operationally lead model development, optimize Gemma for Ukrainian, refine the tokenizer, and train on curated Ukrainian datasets while keeping sensitive national data stored and processed in Ukraine. The LLM aims to cover dialects, terminology, history and serve government, healthcare, finance and private-sector use cases.
VEON (Nasdaq: VEON) announced that Beeline Uzbekistan will partner with the GSMA and Uzbekistan's Ministry of Digital Technologies to host GSMA M360 Eurasia 2026 in Samarkand on May 20–21, 2026. This marks the conference’s return to Uzbekistan for a second consecutive year and aligns with Uzbekistan’s Digital Uzbekistan 2030 strategy. Organizers say Samarkand’s historic Eurasian position supports regional dialogue on digital cooperation, AI-driven development, innovation, and investment.
The event is part of the GSMA’s M360 series and will convene senior mobile and adjacent-industry executives to discuss policy, connectivity, and digital transformation.
VEON (Nasdaq: VEON) announced that QazCode signed a strategic cooperation agreement with sovereign AI firm MeetKai on November 25, 2025 to develop and train national large language models and deploy local-language agentic AI services across VEON markets.
The partnership aims to deliver sovereign AI stacks, respect data sovereignty, and scale AI services for >150 million customers across Kazakhstan, Uzbekistan, Ukraine, Pakistan, and Bangladesh, targeting use cases in education, healthcare, agritech, public services, and enterprise productivity.
VEON (Nasdaq: VEON) announced that its software arm QazCode signed a cooperation agreement with sovereign AI firm MeetKai on Nov 25, 2025 to develop and train language models for AI-based digital products across VEON Group's five markets: Kazakhstan, Uzbekistan, Ukraine, Pakistan, and Bangladesh.
MeetKai will train models while QazCode manages data, local compute and adaptation; VEON teams will ensure language and cultural context. The collaboration targets localized products from education and health care to agritech and corporate AI agents, and aims to serve over 150 million people with national AI stacks respecting data sovereignty. QazCode previously developed KazLLM, winner of the GSMA Foundry Excellence Award 2025.
VEON (Nasdaq: VEON) announced that Kyivstar (Nasdaq: KYIV; KYIVW) has launched Starlink Direct to Cell satellite connectivity in Ukraine on November 24, 2025, making Ukraine the first country in Europe with this service.
The service initially provides SMS via Starlink to all Kyivstar 4G smartphone subscribers at no extra cost, with plans to add voice and data in 2026. Coverage is nationwide but excludes occupied areas, border regions, and active combat zones. The rollout follows a VEON group framework agreement with Starlink covering markets totaling 528 million people, and Beeline Kazakhstan has a related commercial agreement.
VEON (Nasdaq: VEON) has commenced a USD 100 million buyback program announced on November 10, 2025.
The Board authorized repurchases of ADSs and/or outstanding bonds up to USD 100 million, with the final split between equity and debt to be set by prevailing market conditions. The company cited current trading levels as materially undervaluing its fundamentals and said selective ADS repurchases and bond buybacks can be value-accretive and reduce future interest obligations.
Buybacks will be executed on the open market under a 10b5-1 plan with a registered broker-dealer and in compliance with Rule 10b-18.