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) and JazzWorld launched the “Invest in Pakistan, NOW!” initiative on 8 February 2026 to invite international investors and promote public‑private partnerships. The program includes an MoU with Nutshell Group, senior government participation, JazzWorld’s 100 million customers, an Urdu LLM effort, and USD 11 billion invested in Pakistan since 1994.
VEON (Nasdaq: VEON) noted the closing of a Kyivstar (Nasdaq: KYIV) secondary offering of 14,375,000 shares at USD 10.50 per share, closed Feb 2, 2026 and reported 5x oversubscription.
VEON received USD 139.8 million net, Kyivstar’s free float rose by 6%, and VEON’s ownership is now 83.6%. The underwriters exercised an option for 1,875,000 additional shares.
VEON (NASDAQ: VEON) announced a strategic collaboration with MindBridge to deploy AI-powered financial analytics across VEON’s global operations. VEON will adopt MindBridge’s Central Insights Factory (CIF) to analyze all transactions, strengthen internal controls, and standardize audit insights group-wide.
The partnership also explores offering AI-driven financial analytics services to business customers and governments, and emphasizes explainable, responsible AI aligned with VEON’s AI1440 strategy.
Kyivstar (Nasdaq: KYIV; KYIVW) announced a secondary public offering of 12,100,000 common shares held by VEON and 400,000 shares held by other selling shareholders at USD 10.50 per share.
The selling shareholders granted underwriters a 30-day option for up to 1,875,000 additional shares. The offering is expected to close on February 2, 2026, subject to customary closing conditions.
VEON (Nasdaq: VEON) notes Kyivstar Group’s preliminary unaudited FY2025 financial estimates versus FY2024. Kyivstar estimates revenue growth of 24%–26% YoY, adjusted EBITDA growth of 24%–26% YoY, and capex intensity of 29%–31% for the year ended December 31, 2025.
VEON says Kyivstar’s preliminary results exceed its prior 2025 outlook and VEON now expects to deliver results above its November 10, 2025 2025 Outlook, subject to customary uncertainties and ongoing review.
VEON (Nasdaq: VEON) opened a new Beeline Uzbekistan Network Operations Center in Tashkent and launched BuildX, a software development and AI company headquartered in Tashkent IT Park, on January 26, 2026. The NOC provides 24/7 monitoring for more than 5,850 base stations and supports 7.7 million Beeline Uzbekistan customers as of September 2025, with real-time outage detection and a separate Security Operations Center for cybersecurity. BuildX will develop scalable, export-ready platforms and AI solutions, recruit and train local engineers and data scientists, and collaborate with universities, startups and partners to bolster Uzbekistan's digital economy.
VEON (Nasdaq: VEON) said Kyivstar (Nasdaq: KYIV; KYIVW) reached 3.0 million registered users for Starlink Direct to Cell satellite services, representing > 10% of Kyivstar’s mobile subscribers. Launched on November 24, 2025, the service has delivered over 1.2 million SMS via satellite and is most used in Kyiv, Lviv, Vinnytsia, Khmelnytskyi and Dnipro.
The service is available free to about 15.5 million 4G Kyivstar subscribers via regular tariffs and works in open areas with a clear sky line of sight. VEON also reported a successful Starlink Direct to Cell WhatsApp call test by Beeline Kazakhstan and plans SMS rollout in 2026, subject to regulatory approval.
VEON (Nasdaq: VEON) announced that Kyivstar (Nasdaq: KYIV) launched a 5G pilot in Lviv on January 12, 2026, implemented with the Ministry of Digital Transformation of Ukraine to evaluate network performance in real urban conditions.
Kyivstar plans gradual expansion to Borodianka and Kharkiv, with Kyiv and Odesa planned later in 2026, while a full nationwide 5G rollout will be considered only after the end of the war. Kyivstar reported peak pre-launch 5G download speeds exceeding 2.4 Gbps and peak 4G speeds already above 1 Gbps in some areas. The company said it is investing USD 1 billion over 2023–2027 to rebuild connectivity and digital infrastructure, and that 5G will use 3500 MHz and 700 MHz bands in Ukraine.
VEON (Nasdaq: VEON) announced on December 23, 2025 that Beeline Kazakhstan and Rakuten Symphony signed a Memorandum of Understanding to explore strategic collaboration on next‑generation connectivity, digital services, and cloud‑native network infrastructure.
The MoU frames cooperation on Open RAN, AI‑powered network intelligence, cloud solutions, next‑generation digital platforms, and global IoT and mobile workforce connectivity, aiming to support long‑term network modernization and advanced digital services in Kazakhstan.
VEON (Nasdaq: VEON) announced that its subsidiary Mobilink Microfinance Bank launched Islamic banking operations in Pakistan after receiving an Islamic banking licence from the State Bank of Pakistan earlier in 2025.
Mobilink opened its first dedicated Islamic branch in Karachi, will open a second in Peshawar later this month, and plans a phased nationwide rollout of Shariah-compliant deposit and financing products via branches and digital channels.
The move targets individuals, micro-entrepreneurs and small businesses and follows sector momentum: Islamic banking assets were ~PKR 12.7 trillion (≈USD 44bn) and grew 28.3% YoY through Sept 2025, with deposits up 29.7% YoY.