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) won two IR Magazine Corporate Governance Awards on November 6, 2025: Best Governance Around a Corporate Transaction for its role in the August 2025 listing of Kyivstar Group Ltd. (Nasdaq: KYIV) and Best Use of Technology in Corporate Governance for its augmented intelligence and digital tools supporting board and shareholder processes.
The awards recognize governance discipline around the Kyivstar de-SPAC listing with Cohen Circle and VEON’s deployment of technology for board communications, shareholder engagement, company meetings, and information governance.
VEON (NASDAQ: VEON) reported 3Q25 revenue of $1,115m (+7.5% YoY) and EBITDA of $524m (+19.7% YoY), with EBITDA margin up 480bps to 47.0%. Direct digital revenue rose 63.1% YoY to $198m, representing 17.8% of Group revenue. Group liquidity stood at $1.7bn and net debt excluding leases fell to 1.13x LTM EBITDA. Management raised 2025 local‑currency EBITDA guidance to 16–18% and reiterated revenue growth guidance of 13–15% LCY. The Board authorized a $100m buyback program and Kyivstar Group listing values VEON’s 89.6% stake at $2.5bn.
Kyivstar (Nasdaq: KYIV) reported strong 3Q25 unaudited results with total revenue up 20.9% YoY to UAH 12.3 bn (USD 297 mn) and EBITDA up 21.5% YoY to UAH 7.1 bn (USD 171 mn), delivering a 57.6% EBITDA margin. Mobile ARPU rose 14.0% YoY to UAH 153.1 (USD 3.7).
Direct digital revenue surged 531% to UAH 1,464 mn (USD 35 mn), reaching 11.9% of total revenue, helped by the April consolidation of Uklon (USD 24.7 mn revenue, USD 9.1 mn EBITDA, USD 6.7 mn profit in 3Q25). Multiplay users grew 24.8% YoY to 6.6 mn; digital MAUs rose 49.4% to 13.5 mn.
Liquidity remained strong with cash USD 472 mn and LTM equity free cash flow USD 373 mn. Kyivstar commenced Nasdaq trading on August 15 and ran a Starlink Direct to Cell test. Full‑year 2025 guidance: revenue +24%–27% and EBITDA +23%–26% in UAH terms; capex intensity 30%–33%.
VEON (Nasdaq: VEON) announced that Beeline Kazakhstan will partner with Starlink Direct to Cell to provide satellite-to-mobile connectivity across Kazakhstan, backed by a memorandum of understanding with the Ministry of Artificial Intelligence and Digital Development.
Beeline plans to launch messaging in 2026 followed by data services, building on prior rural network expansion and off-grid base stations. VEON signed a global framework agreement with Starlink, becoming the first global telecom to enter a multi-country arrangement; rollout is subject to standard regulatory approvals.
VEON (Nasdaq: VEON) announced leadership changes effective January 1, 2026. Sebastian Rice will join as General Counsel, succeeding Acting General Counsel Vitaly Shmakov, who is promoted to the newly created Chief Investment Officer role to lead mergers & acquisitions and the Group’s growth portfolio. Anand Ramachandran retains his role as Chief Corporate Development Officer with expanded investor relations and investor value creation responsibilities. Sebastian joins from Akin Gump after 24 years in senior roles including Partner-in-Charge of London and Geneva and Co-Head of Corporate Practice. CEO Kaan Terzioglu highlighted the moves as part of VEON’s digital operator transformation and growth agenda from its Dubai headquarters.
VEON (NASDAQ: VEON) announced that its Pakistan digital finance platform JazzCash won the Silver Award in Banking at Money20/20 USA 2025 for ReadyCash, its digital lending feature.
ReadyCash disburses an average of 140,000 digital loans daily, making JazzCash the largest digital lender in Pakistan, and was recognised for responsible lending and advancing financial inclusion aligned with Pakistan's target of 75% formal access by 2028.
VEON (NASDAQ: VEON) will release selected consolidated financial and operating results for the third quarter and nine-month period ended September 30, 2025 at 9:00 GST (0:00 EST) on November 10, 2025. Management will host a results conference call the same day at 16:00 GST (7:00 EST) with a webcast and phone dial-in.
Shareholders can watch a YouTube livestream or register for the webcast and dial-in. A live Q&A will be available via Zoom and an online upvoting platform by Say Technologies, opening October 31, 2025 at 8:00 EST and closing the Friday before the call. Questions and support contacts: ir@veon.com and support@saytechnologies.com.
VEON (Nasdaq: VEON) announced that Beeline Kazakhstan will acquire 100% of OLX Kazakhstan for USD 75 million. OLX KZ is a leading Kazakh online classifieds platform with ~10 million monthly active users, 3.6 million listings, and monthly reach of >52% of the country’s active internet users as of June 30, 2025. The deal is positioned to extend Beeline Kazakhstan’s digital services and create integration synergies while OLX Group will provide transitional IT support. The transaction remains subject to regulatory approvals and customary closing conditions.
VEON Ltd. (Nasdaq: VEON) has inaugurated the JazzCash Experience Lounge in Islamabad, Pakistan, showcasing its digital financial services platform. JazzCash, Pakistan's leading DFS provider with 53 million customers, processed transactions equivalent to 9% of Pakistan's GDP in 2024.
The platform operates through a network of 600,000 merchants and 300,000 agents, facilitating 140,000 digital loans daily to micro-entrepreneurs. The Experience Lounge demonstrates various payment technologies, including QR code transactions, Tap Pay, and innovative solutions like facial recognition payments and palm verification.
As of Q2 2025, VEON's DFS platforms serve 40.7 million monthly active users across markets, processing approximately US$43.6 billion in total transaction value over the last twelve months.
VEON Ltd. (NASDAQ: VEON) and its Ukrainian subsidiary Kyivstar Group Ltd (NASDAQ: KYIV; KYIVW) marked a historic milestone by ringing the Nasdaq opening bell on August 29, 2025. The event celebrated Kyivstar becoming the first Ukrainian company to trade on a U.S. stock exchange.
The ceremony featured prominent attendees including Kyivstar President Oleksandr Komarov, Ukraine's Prime Minister Yuliia Svyrydenko, and other high-ranking Ukrainian officials. The event was part of a broader initiative including an investor meeting with over 160 participants and the inaugural "Invest in Ukraine, NOW!" U.S.-Ukraine Business Symposium, focusing on investment opportunities in Ukraine's reconstruction and recovery.