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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 Group Announces Vesting of Share Award for the Group CEO
Rhea-AI Summary
VEON Group announces vesting of share award for Group CEO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
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News
VEON confirms unhindered trading of its shares, offers support to its investors
Rhea-AI Summary
VEON confirms unhindered trading of shares and offers support to investors facing obstacles. Low trading volumes reported, with certain brokers arbitrarily declining orders. VEON operates in 6 emerging markets and is in final stages of exiting Russia. No sanctions targeted at VEON. Addressing reports of arbitrary treatment and ensuring clarity for trading shares. Investor support offered.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
none
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News
VEON discloses its 2Q23 unaudited interim condensed consolidated financial statements
Rhea-AI Summary
VEON discloses unaudited financial statements for Q2 2023 and H1 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
News
VEON’s Banglalink Announces Strategic Partnership with Digital Communication platform BiP in Bangladesh
Rhea-AI Summary
VEON's subsidiary Banglalink launches BiP as an exclusive offering in Bangladesh through a strategic partnership with BiP Messenger. Banglalink will introduce BiP-exclusive data bundles for its 40 million customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
partnership
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News
Stepping up the Fintech Ambition in Bangladesh, VEON and Banglalink Apply for a Digital Banking License
Rhea-AI Summary
VEON Ltd. has submitted a digital banking license application to the Central Bank of Bangladesh through its subsidiary Banglalink. If granted, the license will allow Banglalink to expand into the fintech space and offer digital financial services in Bangladesh. Banglalink's MyBL super app has a monthly active user base of 7.1 million customers and offers a wide range of services including digital health, education, entertainment, and utility bill payments. The company has also invested in its network to provide high-quality 4G coverage. VEON aims to support Banglalink's digital transformation and growth ambition in Bangladesh.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
none
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News
VEON publishes 2Q23 trading update
Rhea-AI Summary
VEON Ltd. (VEON) reports strong 2Q23 trading update, with total revenues at USD 916 million (-4.3% YoY in reported currency, +19.6% YoY in local currency), and a service revenue of USD 882 million (-4.0% YoY in reported currency, +19.6% YoY in local currency). EBITDA reached USD 415 million (-10.6% YoY in reported currency, +13.6% YoY in local currency). VEON's Group cash and cash equivalents totaled USD 2.4 billion, with USD 2.0 billion held at the headquarters level. The company's digital expansion and market share gains have fueled the revenue growth, with multiplay and doubleplay 4G revenues reaching USD 453 million (+8.6% YoY, +31.1% YoY in local currency).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
VEON and Rakuten to Cooperate in Open RAN and Digital Services to Rebuild Ukraine’s Infrastructure
Rhea-AI Summary
VEON signs MoU with Rakuten Symphony to explore cooperation in Ukraine for the reconstruction of the country's infrastructure. The collaboration aims to create a robust telecommunications infrastructure with high-speed connectivity and 5G capabilities. VEON has committed to investing $600 million in Ukraine's infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
none
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News
VEON appoints Faisal Ghori Group Director Investor Relations
Rhea-AI Summary
VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) appoints Faisal Ghori as new Group Director Investor Relations to enhance engagement with investors amid accelerated growth in emerging economies. Ghori brings nearly two decades of investment experience to lead VEON's Investor Relations team, aiming to communicate the company's exciting growth opportunities to the global investor community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
management
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News
VEON Group Announces Share Awards for Members of Board and Management Team
Rhea-AI Summary
VEON announces share awards to its Board and management team
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
News
VEON files Form 20-F for financial year 2022
Rhea-AI Summary
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) has filed its Annual Report on Form 20-F for the year ended December 31, 2022, with the U.S. Securities and Exchange Commission. The filing is expected to confirm that VEON has regained compliance with Nasdaq listing rules. The report also addresses a correction to the company's financial statements for the same period, impacting other comprehensive income but not total consolidated equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
Stock VEON logo
VEON Ltd

Nasdaq:VEON

VEON Rankings

#1955 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