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VEON is a digital operator providing connectivity and digital services across emerging markets.

Last updated September 15, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

VEON describes itself as a digital operator that provides services to over 150 million connectivity customers and 205 million Active 3-Month Digital Customers. It states that it operates across five countries that are home to more than 6% of the world's population, with a total population of over 520 million, and that it offers technology-driven services in areas including finance, entertainment, education and healthcare. Its corporate news mentions activities involving Beeline Kazakhstan, Banglalink, Kyivstar and Nasdaq-listed shares.

History

VEON presents itself as a digital operator serving over 150 million connectivity customers and 205 million Active 3-Month Digital Customers, operating across five countries that are home to more than 6% of the world's population. It states that these emerging market economies, with a total population of over 520 million, have growing demand for high-speed connectivity and digital services in finance, entertainment, education, healthcare and more. Its corporate leadership pages list Marine Babayan as Chief Corporate Affairs Officer, who joined the Corporate Affairs Team as Group Director, Corporate Affairs on November 1, 2022, and Anand Ramachandran as Chief Corporate Development Officer.

Products and positioning

Digital operator serving emerging markets with connectivity and digital services.

Recent events

  • Unconfirmed

    Reported

    VEON acquires IBS DataFort[4]

    VEON acquired cloud IT infrastructure provider IBS DataFort through its VimpelCom Russian subsidiary; IBS DataFort was to be integrated into Beeline's BeeCLOUD business unit.

  • Reported

    VEON partners with Bilim Tech to launch Astrum IT Academy[5]

    VEON signed a memorandum of understanding to become an official partner of Bilim Tech in launching Astrum IT Academy, a tertiary-level education institute in Uzbekistan.

  • Reported

    VEON and Amdocs sign seven-year digital services agreement[6]

    VEON and Amdocs announced that they had signed a seven-year agreement to enable digital services for VEON customers in Uzbekistan and Kazakhstan.

  • Reported

    VEON announces sale of Russian tower assets[7]

    VEON announced an agreement to sell 100% of its subsidiary National Tower Company, which operates approximately 15,400 mobile network towers in Russia, to Service-Telecom for RUB70.65 billion. The transaction is subject to regulatory approvals, with closing expected in the fourth quarter of 2021.

  • Reported

    VEON completes acquisition of remaining Jazz stake[8]

    VEON concluded its acquisition of Dhabi Group’s 15% minority stake in PMCL, the operating company of Jazz, for USD 273 million, giving VEON 100% ownership of PMCL.

  • Reported

    VEON completes acquisition of PMCL minority stake[9]

    VEON completed its acquisition of the 15% minority stake in PMCL from the Dhabi Group, giving VEON full ownership of PMCL.

  • Reported

    VEON appoints Leonid Boguslavsky to its board[10]

    VEON announced the appointment of Leonid Boguslavsky to its Group Board of Directors, following the departure of Mr. de Beer, who stepped down in December 2020.

  • Reported

    VEON agrees to sell its Armenian operations[11]

    VEON announced that it had concluded an agreement to sell its operating subsidiary in Armenia, CJSC “VEON Armenia,” to Team LLC. The transaction was expected to close shortly.

  • Reported

    VEON invests in ShopUp[12]

    VEON, through VEON Ventures, joined other investors in ShopUp, becoming the Bangladesh-based B2B commerce platform's first strategic corporate investor. The investment was made alongside Flourish Ventures and Sequoia Capital India.

  • Reported

    VEON announces JazzCash CEO appointment[13]

    VEON announced Erwan Gelebart's appointment as Chief Executive Officer of JazzCash, effective May 18, 2020.

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