Seeking Alpha • May 22

VEON: Cheap Enough To Offset The Frontier Risk

Summary VEON (VEON) is rated Buy due to undervaluation relative to robust growth, high margins, and digital revenue momentum in emerging markets. Q1 2026 delivered 17% revenue growth, 43% EBITDA margin, and 73% higher equity free cash flow, with digital revenue now over 25% of total. Digital and financial services, especially JazzCash in Pakistan, drive ARPU and diversify growth, distinguishing VEON from legacy telecom peers. Recent refinancing extends debt maturities, reducing balance sheet risk and supporting the investment case despite geopolitical and regulatory headwinds. Read the full article on Seeking Alpha

Analysis Article • Apr 27

Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Seeking Alpha • Jan 28

VEON: Strong Buy For Ukrainian Rebuilding And Pakistani Economic Convergence

Summary VEON Ltd. is a "Strong Buy" at a discounted valuation, with significant growth potential in key frontier markets like Ukraine and Pakistan. VEON has divested from Russia, invested heavily in Ukrainian infrastructure, and expanded its presence in frontier markets, enhancing its digital services. Pakistan's economic growth and young population present a lucrative opportunity for VEON, especially through its Jazz subsidiary and JazzCash fintech platform. The potential IPO of JazzCash and the separate listing of Kyivstar could act as catalysts for VEON's stock price appreciation. Read the full article on Seeking Alpha

Analysis Article • May 03

It's A Story Of Risk Vs Reward With VEON Ltd. (NASDAQ:VEON)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 17x, you may...

Analysis Article • Apr 15

Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Seeking Alpha • Sep 16

Veon notes third quarter boosting its 2022 revenue pace

In a business update, Veon (NASDAQ:VEON) said July and August brought service revenue gains of 7.9% and a 2.4% rise in earnings before interest, taxes, depreciation and amortization. In local-currency terms, revenues rose 6.5% over those two months and EBITDA up 2.3%; adjusting for Georgia quarter-to-date, like-for-like local currency revenue rose 7.2% and EBITDA up 3%. That means for the first eight months of 2022, group consolidated revenue rose 3.1% as reported and 6.5% in local currency, with five of the company's seven countries reporting double-digit gains in local-currency revenue. Service revenue rose by 4.3% as reported and by 7.8% in local currency. EBITDA for the first eight months also gained 3.9% (7.9% in local currency). The company also notes that last month it wrapped the sale of its part of Algeria's Djezzy to FNI, for which it received $682M. As of August's end, total cash and deposits came to $3.2B, including $2.5B equivalent held by headquarters in Amsterdam.

Seeking Alpha • Aug 16

VEON: Waiting For The Explosive Catalyst Of Peace

VEON Ltd. is a telecommunications company with operations in Ukraine and Russia. The war between these countries has decimated VEON shares by more than 60%. Risk from sanctions against Russia is threatening VEON's operations and financial viability. The company is heavily indebted with net debt that is 12 times market capitalization and a net long term debt to EBITDA ratio of 10.86. Peace in Ukraine is a geopolitical catalyst with potential to explode VEON shares 200-300% higher. Much has changed since I last wrote about VEON Ltd. (VEON) in my article VEON: Value So Deep Otto Lidenbrock Wouldn't Find It. For the past five months Dr. Lidenbrock has been on the quest and I just received a transmission (fictional): Value located. Beneath mountain of risk. Waiting for explosive catalyst. Mountain of risk? Explosive catalyst? Let us dig a little deeper. Since the start of the Russian invasion of Ukraine on February 24 VEON has suffered from one unfortunate event to the next. First, shares trading on the NASDAQ lost 82% top to bottom over eight days. Next, Fitch and S&P downgraded the company's credit ratings. Then, due to the share price being below $1, the company received notification of delinquency to meet minimum NASDAQ listing requirements. The company provides telecommunications services, including internet and 4G services, to customers in Russia, Ukraine, Pakistan, Uzbekistan, Bangladesh, Kazakhstan, Kyrgyzstan, and Georgia. While the company has suffered minor losses to revenue as a result of the war in Ukraine the majority of share price weakness is due to potential risks. The end of the war is a geopolitical catalyst event that would effect most markets. I am not a geopolitical expert and most people have a better chance of guessing the next number at a roulette table than predicting the end of this war. But I wrote about the reasons why this conflict is pressuring politicians globally in my article Russia: Why Peace Might Be Sooner Than You Think. In short, the world needs resources that Ukraine and Russia produce. VEON is waiting for the four stages of this geopolitical catalyst to play out. If they do, the results will be explosive. Stage 1. Fuel: The Russian Ruble Recovers For years the performance of VEON has been tightly correlated with the Russian Ruble to USD exchange rate. This is because Russia accounts for roughly 50% of company EBITDA. As the Ruble depreciates it reduces revenues and earnings relative to USD denominated shares and debts. After the start of the war the Ruble depreciated considerably in the face of sanctions and elevated sovereign debt risk. Then, to the surprise of many, the Ruble recovered. In fact, it not only recovered but surpassed its pre-war exchange rate. Russia accomplished this by a series of financial interventions. This included raising interest rates, requiring Russian companies to convert international earnings into Rubles, and establishing a gold to Ruble exchange. It also helped that the price of commodities which Russia exports continued to move higher. But notice that VEON's share price has not followed the Ruble higher, resulting in a significant divergence due to the risk premium of sanctions. Charts by TradingView (adapted by author) As a result, VEON had a stronger Q2 2022 than I expected. VEON reported a 5.6% YoY increase in revenue and a 43.5% YoY increase in net income which ended the quarter at $183 million or $0.10 per share. It was notable that 4G users increased 19.2% YoY. This improvement to financials is being driven by the positive currency effects of the Ruble appreciation. It allowed operations in Russia to report a 26.7% QoQ increase in EBITDA. This is while Pakistan and Ukraine, the company's #2 and #3 highest earning jurisdictions, reported QoQ declines to revenue and EBITDA (see table below). Seeking Alpha (company Q2 2022 Earnings Presentation) The decline in revenues from Ukraine is a consequence of the physical conflict in the country. During the Q2 conference call management stated that 90% Ukrainian Kyivstar network sites remain functional and they were able to upgrade 3,000 stations and built 230 new ones. Absent this sanction risk premium I would expect VEON to trade in line with the Ruble. The current exchange rate implies a share price of about $3.15. Stage 2. Primer: Freeport LNG Terminal Accident On June 8th the Freeport LNG Terminal, a major export terminal of U.S. Natural Gas, experienced a fire accident that took the plant offline. Natural gas prices in the U.S. then dropped by 40%. You're probably wondering, what's the connection between an LNG terminal in Texas and a multi-national telecommunications service company in the Netherlands? Following the incident, the price of natural gas in the U.S. dropped and the price of gas in Europe, as measured by the Dutch TTF futures, skyrocketed 176%. Charts by TradingView (adapted by author) Most countries in the European Union import 5-40% of their natural gas from Russia. The IMF estimates that natural gas exports from Russia are down 60% since last year and that a reduction of up to 70% can be managed by global economies in the short term. Nonetheless, the increased cost and constrained supply of natural gas is impacting European industries and contributing to the likely recession in the EU and the depreciation of the Euro which has lost 9% against the USD since the start of the war. The issue is particularly acute in the EU's largest economy of Germany. Because natural gas is used for electricity generation the shortages have caused the price of electricity futures in Germany to increase 400% since the start of the year. The situation is becoming dire for German households and industries alike. Winter is a critical period of natural gas and electricity demand for residential heating. As a result, web searches in Germany for the term "Brennholz" has exploded, according to Google Trends. Brennholz means firewood. Chart by author (data from Google Trends) Approximately 10% of the EU's natural gas comes from Russia via pipelines that pass through Ukraine. Despite the war, Ukraine has not compromised those pipelines. The revenue those pipelines generate is used to fund war operations. What an awkward situation. Europe's dependence on Russian gas is the top reason why the conflict may not escalate as witnessed by Ukraine exercising restraint. I expect that as winter approaches the pressure will increase in Europe to solve the problem. There is potential that they will need to capitulate and either reverse sanctions against Russia or save face by pressuring the two countries to reach a ceasefire. Stage 3. Ignition: Lifting of Sanctions Stage 1 and 2 of this catalyst have already transpired. Stage 3 is next. The catalyst for VEON will fully engage when the risk of sanctions has subsided. An end to the war would accomplish this. I have no prediction about when that may occur. It is apparent, however, that both sides are suffering significant losses. Retired Colonel Andrew Milburn described how stressed the situation is in Ukraine in his article "Time Is Not on Kyiv’s Side: Training, Weapons, and Attrition in Ukraine." He writes about how there isn't enough time to properly train new soldiers. Here is what he said about the current situation: The Russian army now occupies an area comprising one-fifth of Ukraine’s total land mass—far more than it did at the outset of the war. President Vladimir Putin’s overall objective remains opaque. The low threshold for declaring victory is likely to be annexation of the entire Donbas region, a goal that Putin has almost accomplished, but with a recent resurgence in Russian confidence, that may not be enough to satisfy him. Ukrainian President Zelensky has said that he wants the war to end by 2023 but that Ukraine would "only negotiate from a position of strength." Ukraine has been able to maintain fighting thanks to military aid from the U.S. and allies. However, enthusiasm for additional support may be waning and any significant loss by the Ukrainians could prompt talks for peace. Sanctions against Russia have already impacted VEON's ability to build infrastructure in the country due to import restrictions. Sanctions can limit the company's ability to move capital in or out of the country, impact its ability to obtain financing, and compromise the trading of shares on equity exchanges. CEO Kaan Terzioğlu said this regarding sanctions during the Q2 2022 Earnings Call: Let me be very open. VEON is currently not the target of U.S., EU or U.K. sanction laws. We are aware that Bloomberg has opined that our securities might be subject to U.S. sanctions or restrictions. We did not have an advanced notice on this and our legal team is assessing the impact of Bloomberg's opinion. We are fully committed and we are in compliance with all applicable sanction laws and we are looking into this issue with our legal team to carefully review the full range of options to enable VEON to address this matter. That may be how Kaan feels but this week TD Ameritrade suspended trading of VEON due to sanctions. The world needs this war to end. The conflict is contributing to a global food crisis. Ukraine and Russia account for 12% of the world's calories in food production. The war has reduced exports of food commodities from both countries causing food costs to move higher. There is no telling when we may get peace in Ukraine, but the precursors are mounting. It is also possible for this stage to execute if the company sells its Russian assets, assuming that they receive a fair market price. The move would likely be detrimental in the long term. Russia accounts for 23% of company customers and 40% of operating profit. Still, I'm interested in this company for the catalyst only. Stage 4. Accelerant: Restoration of NASDAQ Listing, Dividend, & Credit Rating Once the risk of sanction has subsided VEON can begin a path to normalcy. Along the way the company will encounter three accelerating events which constitute Stage 4 of this catalyst. Credit Rating The stability of peace will benefit the company by prompting upgrades to its credit ratings. In the Q2 earnings press release, VEON states that after being downgraded by Fitch and S&P both credit rating agencies have withdrawn ratings for VEON. Restoration of these ratings will move the share price higher. Seeking Alpha (company Q2 2022 Earnings Presentation) Nasdaq Listing VEON has been notified by the Listing Qualifications Department of the Nasdaq Stock Market that they are in violation of the minimum share price requirement. Shares need to trade above $1.00 USD to meet this requirement. VEON must meet the requirement by October 4 unless they receive a 180 day extension. The company may choose to execute a reverse stock split to meet the requirement. After Stage 3, I expect shares to trade above $1.00 which would resolve this issue and prompt further investor interest. Seeking Alpha (company Q2 2022 Earnings Presentation) Dividends VEON has not paid any dividends in 2022 after omitting a dividend in 2021. Management has stated that it plans to pay $95 million of dividends in 2022. This would be approximately $0.054 per share or 11.8% at current share price. A return of the dividend would also drive investor interest. Seeking Alpha (company Q2 2022 earnings presentation) Company Risk and Outlook To put it bluntly, VEON is not a good company. Between 2016 and 2021, before the war began, shares returned a total of -24.47%. Since 2013, the average 1-year total return has been -9.64%. This poor performance is partly due to the Russian Ruble performing poorly against the USD. But it is also due to poor execution and management. VEON Total Return Level data by YChartsVEON 1 Year Total Returns (Monthly) data by YCharts The share price has suffered because earnings were inconsistent and often negative. The chart from SA below shows that the company produced negative earnings in 2013, 2014, 2015, 2017, and 2020. Diluted EPS for VEON (Seeking Alpha) There is no shortage of risk with VEON. These are some of the risks that can damage VEON and its shareholders: Escalation to sanctions against the company which may occur in response to an escalation of the war Failure to service company liabilities Loss of U.S. stock exchange listing Acute loss to earnings from geopolitical events or confiscation of company assets

Seeking Alpha • Aug 03

VEON's Banglalink signs tower sharing deal in Bangladesh

VEON (NASDAQ:VEON) announced Wednesday that its subsidiary Banglalink has reached an agreement with Bangladesh Telecommunications Company Limited (BTCL) for a tower sharing initiative. Under the agreement, BTCL will share its tower infrastructures with Banglalink to enhance its quality of services further by supporting its 4G expansion drive. "In the last year, we have added more than 3300 4G base stations to our network; many of these are based on shared infrastructure. We will continue to expand the network, and our partnership with BTCL will give a fresh impetus to this endeavor," said Banglalink's CEO Erik Aas. Stock is up 0.6% in premarket trading. Earlier: Veon management boosts ownership via share awards

Seeking Alpha • Jul 11

Veon management boosts ownership via share awards

Veon (NASDAQ:VEON) top management has increased its ownership in the company, completing some share transfers as part of an incentive program announced in February. The company reported share transfers in its deferred share plan of 774,900 for CEO Kaan Terzioglu, and transfers of 222,172 shares for Chief Financial Officer Serkan Okandan. "This award represents a further step in aligning the executive team's remuneration with the successful implementation of our digital operator strategy and long-term value creation for our shareholders," VEON says. Its plan is for Group Executive Committee members to accrue and maintain a minimum level of shares in the company, equivalent to 6 times annual base salary for the CEO, and 2 times annual base salary for other members. After these transfers, Terzioglu holds 1.675M shares and Okandan holds the 222,172 shares transferred.

Seeking Alpha • Jun 29

VEON reports revenue growth 1.3% Y/Y for 5M22

VEON (NASDAQ:VEON) will disclose key financial highlights for the first five months of 2022 at the AGM of shareholders being held today. The company saw 5M22 consolidated revenue growth of 1.3% in reported currency, and +8.7% Y/Y in local currency terms, with six of the eight countries reporting double-digit local currency revenue growth for the period. Revenue in Georgia increased 22.5% (+12.1% Y/Y in local currency) for the first five months in 2022; Uzbekistan saw growth of 17% (+23.1% Y/Y in local currency) and Kazakhstan revenue jumped 13.5% (+20.5% Y/Y in local currency). Group CEO Kaan Terzioglu commented: "Our digital operator strategy is delivering solid results, enabled by growing 4G penetration. VEON Group's topline growth was an encouraging 8.7% YoY in local currency terms, driven by solid performance in our operations, despite the particularly challenging circumstances. Building on an expanding portfolio of services and with a constant focus on customer experience, our operations are growing their subscriber base, improving their user engagement, reducing churn, increasing their ARPU levels and gaining market share." On Tuesday, the company reported Q1 results with total revenue growth of ~10%. Shares up 7.3% PM. Veon gets a Strong Buy rating from the Wall Street Analysts in contrast to Hold rating from SA Quant rating system.

Seeking Alpha • Mar 15

VEON: Value So Deep Otto Lidenbrock Wouldn't Find It

VEON stock is either deep value cheap or value trap cheap. The Ruble controls VEON's destiny. Forward estimates of revenue and EPS are overstated in relation to the impacts of the war in Ukraine. As I like to say, a picture is worth a thousand words, but a chart is worth a thousand pictures.

Analysis Article • Mar 01

These 4 Measures Indicate That VEON (NASDAQ:VEON) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Seeking Alpha • Feb 09

VEON: A Reason For Optimism

VEON is cheap. The business is levered. The company is set to see a significantly positive event impact its fundamentals.

Analysis Article • Dec 28

Is VEON Ltd. (NASDAQ:VEON) Potentially Undervalued?

While VEON Ltd. ( NASDAQ:VEON ) might not be the most widely known stock at the moment, it saw significant share price...

Analysis Article • Nov 15

Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Seeking Alpha • Oct 30

Upbeat VEON Q3 Earnings With Catalysts Kicking In

VEON shares have clearly left behind their decade-low price levels that were reached in 2020. Shares are up significantly from the beginning of 2021. VEON just released an upbeat Q3 earnings report: substantial top-line growth across footprint, high single-digit EBITDA growth and good progress on strategic priorities. Russia remains a point of attention. There are some catalysts that have kicked in visibly in Q3, but more is to come. Investors expect this and management as well, judging the raised guidance for the year. In the earnings call, management said that a dividend can be paid in 2022 within the policy to pay out 50% of Equity Free Cash Flow. Last year, dividend was temporarily suspended.

Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	3/6
Financial Health	2/6
Dividends	0/6

Historical stock prices
Current Share Price	US$55.09
52 Week High	US$64.00
52 Week Low	US$34.55
Beta	1.61
1 Month Change	9.54%
3 Month Change	3.83%
1 Year Change	1.92%
3 Year Change	183.82%
5 Year Change	23.11%
Change since IPO	-88.07%

	VEON	US Wireless Telecom	US Market
7D	-2.3%	-1.8%	1.6%
1Y	1.9%	-18.2%	28.2%

VEON volatility
VEON Average Weekly Movement	8.9%
Wireless Telecom Industry Average Movement	7.2%
Market Average Movement	7.2%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.0%

VEON fundamental statistics
Market cap	US$3.89b
Earnings (TTM)	US$532.00m
Revenue (TTM)	US$4.57b

VEON income statement (TTM)
Revenue	US$4.57b
Cost of Revenue	US$548.00m
Gross Profit	US$4.03b
Other Expenses	US$3.49b
Earnings	US$532.00m

Earnings per share (EPS)	7.68
Gross Margin	88.02%
Net Profit Margin	11.63%
Debt/Equity Ratio	191.6%

Data	Last Updated (UTC time)
Company Analysis	2026/06/01 12:35
End of Day Share Price	2026/06/01 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Analyst	Institution
William Noel Milner	Arete Research Services LLP
Jonathan Dann	Barclays
Matthew Harrigan	Benchmark Company

VEON (VEON) Stock Overview

Rewards

Risk Analysis

Analyst Price Targets

Digital Services In Emerging Markets Will Spark Mixed Prospects

Ukraine And Digital Challenges Will Undermine Stability Yet Spark Recovery

Advanced Mobile Technologies Will Drive Digital Expansion In Emerging Markets

Top Community Narratives

Veon's Subsidiary Kyivstar Eyes Nasdaq Listing

VEON Unlocks Value with Kyivstar Spin-Off

Top Community Narratives

Top Analyst Narratives

Veon's Subsidiary Kyivstar Eyes Nasdaq Listing

Digital Services In Emerging Markets Will Spark Mixed Prospects

VEON Unlocks Value with Kyivstar Spin-Off

Ukraine And Digital Challenges Will Undermine Stability Yet Spark Recovery

Advanced Mobile Technologies Will Drive Digital Expansion In Emerging Markets

VEON Ltd. Competitors

Telephone and Data Systems

Array Digital Infrastructure

Millicom International Cellular

Kyivstar Group

Price History & Performance

Recent News & Updates

VEON Pushes for Mobile Tax Reform and Expands Solar Power in Key Emerging Markets

VEON: Cheap Enough To Offset The Frontier Risk

VEON: Emerging Market AI And Digital Finance Will Support Future Upside Potential

VEON Ltd. Revises Earnings Guidance for the Year 2026

VEON: Emerging Market AI Platforms And Digital Finance Will Drive Future Upside

VEON: Emerging Market AI And Digital Platforms Will Support Future Upside

Recent updates

VEON Pushes for Mobile Tax Reform and Expands Solar Power in Key Emerging Markets

VEON: Cheap Enough To Offset The Frontier Risk

VEON: Emerging Market AI And Digital Finance Will Support Future Upside Potential

VEON Ltd. Revises Earnings Guidance for the Year 2026

VEON: Emerging Market AI Platforms And Digital Finance Will Drive Future Upside

VEON: Emerging Market AI And Digital Platforms Will Support Future Upside

VEON Ltd., Annual General Meeting, May 11, 2026

VEON: Emerging Market AI And Digital Platforms Will Drive Future Upside

VEON: Future AI And Digital Partnerships Will Support A Rerating

VEON Ltd. Strengthens Leadership Team to Accelerate Digital Ambition, Effective April 1, 2026

VEON: Emerging Market Digital Services Expansion Will Support Bullish Outlook

VEON: Emerging Market Network Expansion And AI Initiatives Will Support Bullish Outlook

VEON: Future Network Expansion In Emerging Markets Will Support Bullish Outlook

VEON Ltd. Revises Preliminary Unaudited Earnings Guidance for the Year Ended December 31, 2025

VEON Ltd. Launches BuildX to Accelerate Software Development in Uzbekistan

VEON: Emerging Market AI And Satellite Services Will Drive Future Upside

VEON Ltd. to Report Q2, 2026 Results on Aug 06, 2026

VEON: AI And Satellite Connectivity Will Support Emerging Markets Upside

VEON Ltd. to Report Q4, 2025 Results on Mar 16, 2026

VEON: AI And Satellite Expansion Will Support Emerging Markets Upside

VEON’s Beeline Kazakhstan Delivers First Starlink Direct to Cell Call in Central Asia

VEON: Lower Discount Rate Will Drive Upside For Emerging Markets Expansion

VEON Ltd. Affirms Revenue Guidance for the Year 2025

VEON Ltd. Announces Executive Changes

VEON Ltd. Inaugurates JazzCash Experience Lounge in Islamabad

Digital Services In Emerging Markets Will Spark Mixed Prospects

OJSC Eldik Bank acquired 50.10% stake in Sky Mobile, LLC from VEON Ltd. (NasdaqCM:VEON).

Veon's Kyivstar Delivers First Messages Via Starlink in Direct to Cell Satellite Connectivity Test in Ukraine

VEON Ltd. Revises Earnings Guidance for the Full Year 2025

VEON Ltd. Announces Omiyinka Doris Chooses to Step Aside from Veon General Counsel Position, Effective July 1, 2025

Veon Ltd. Announces the Launch of Ai Tutor, A Collaboration of Beeline Kazakhstan and Qazcode

VEON Ltd. Maintains Earnings Guidance for FY2025

Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden

VEON Ltd. Auditor Raises 'Going Concern' Doubt

VEON Ltd., Annual General Meeting, May 08, 2025

Veon Ltd. Appoints Anand Ramachandran as Corporate Development Officer, Effective from May 1, 2025

VEON Ltd. Provides Financial Guidance for the Fiscal 2025

VEON Ltd. Announces CEO Changes for Its Bangladeshi Unit Banglalink

Relocation To Dubai And Exclusive NASDAQ Listing Will Expand Exposure But May Introduce Liquidity Risks

VEON: Strong Buy For Ukrainian Rebuilding And Pakistani Economic Convergence

VEON Ltd. Appoints New Members to the Group Executive Committee

VEON Ltd. Announces CFO Changes

VEON's Common Shares No Longer Listed or Traded on Euronext Amsterdam

VEON Commences its Delisting from Euronext Amsterdam to Consolidate its Trading on Nasdaq in New York

Shah Capital Provides Information to Shareholders

VEON Announces CEO Changes of Beeline Uzbekistan

VEON Ltd. to Report Q3, 2025 Results on Nov 13, 2025

VEON Announces Intention to Voluntarily Delist from Euronext Amsterdam

Price target increased by 14% to US$40.00