VEON

VEON Ltd.
FormerlyVimpelCom Ltd. (2009–2017)
Company typePublic
ISINBMG9349W1038
US91822M1062 Edit this on Wikidata
IndustryTelecommunications
PredecessorPJSC VimpelCom and Kyivstar
Founded2009; 15 years ago (2009)
Headquarters
Amsterdam
,
Netherlands
Area served
Asia, Europe
Key people
Kaan Terzioğlu (Group CEO), Augie K. Fabela II (founder and chairman), Mike Pompeo (board member)
ProductsMobile telephony, mobile phones retailing, international telephony, broadband Internet, IPTV, city-wide Wi-Fi, domain name registrar and others
RevenueDecrease US$3.7 billion (2023)[1]
Total assetsDecrease US$8.2 billion (2023)[2]
OwnersLetterOne, The Stichting, Lingotto Investment Management, Shah Capital Management
Number of employees
17,206 (2023)[2]
DivisionsKyivstar, Jazz,  Mobilink Bank, Banglalink,  Beeline Kazakhstan,  Beeline Uzbekistan, Beeline Kyrgyzstan
Websiteveon.com

VEON Ltd. (formerly VimpelCom Ltd.),[3] also known as VEON Group, is a multinational telecommunication and digital services company.[4][3] Headquartered in Amsterdam,[5] the company is publicly traded[6] on Euronext Amsterdam and NASDAQ.[7] VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan.[8] Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline brand.[7] In 2024, the company had 160 million total customers,[9] 1.8 million fixed line customers,[10] and 111 million monthly active users of its digital services,[11] with products and services in areas such as mobile financial services, entertainment, health, and education among others.[12]

  1. ^ Cite error: The named reference REF-0-41-veon was invoked but never defined (see the help page).
  2. ^ a b "2023 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 17 October 2024.
  3. ^ a b Cite error: The named reference REF-13-bloomberg was invoked but never defined (see the help page).
  4. ^ UzDaily. "VEON Group CEO Kaan Terzioğlu: We will go beyond the traditional telecom company". UzDaily.uz. Retrieved 23 September 2024.
  5. ^ Cite error: The named reference REF-11-forbes was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference REF-0-62-sp was invoked but never defined (see the help page).
  7. ^ a b Cite error: The named reference REF_VEONHOME was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference REF-14-veon was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference REF-0-home was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference REF-00-fixedlineVEON was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference REF020-mobiworld was invoked but never defined (see the help page).
  12. ^ "Veon to Accelerate Digital Operator 1440 Model".