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VEON information


VEON Ltd.
FormerlyVimpelCom Ltd. (2009–2017)
Company typePublic
Traded as
Nasdaq: VEON
Euronext: VEON
IndustryTelecommunications
PredecessorPJSC VimpelCom and Kyivstar
Founded2009; 15 years ago (2009)
FounderDmitry Zimin
Augie K. Fabela
Headquarters
Amsterdam
,
Netherlands
Area served
Africa, Asia, Europe
Key people
Morten Lundal (chairman)
Kaan Terzioğlu (CEO)
ProductsMobile telephony, mobile phones retailing, international telephony, broadband Internet, IPTV, city-wide Wi-Fi, domain name registrar and others
RevenueIncreaseUS$ 9.78 billion (2016) [1]
Total assetsIncreaseUS$ 33.85 billion (2016)[2]
OwnersLetterone (47.9%)
Free Float (43.8%)
The Stichting (8.3%)
Number of employees
66,000
Websiteveon.com

VEON Ltd. (formerly VimpelCom Ltd.) is a Dutch-domiciled multinational telecommunication services company. It predominantly operates services in the regions of Asia, Africa and Europe. It is the 13th largest mobile network operator in the world by number of subscribers. [3] The company operates in six markets including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan, VEON announced the sale of its Russian operations on 24 November 2022.[4] VEON's brands include Kyivstar, Jazz Pakistan, Banglalink and others.

VEON is listed on Nasdaq in New York and Euronext in Amsterdam. The company has thousands of shareholders from around the world.

  1. ^ "VimpelCom on the Forbes Global 2000 List". Forbes. Retrieved 2 June 2016.
  2. ^ "VEON on the Forbes Global 2000 List". forbes.com. Retrieved 15 August 2018.
  3. ^ Pavliva, Halia (12 April 2012). "VimpelCom Rises as Orascom Rejects Fine, Files for Arbitration". Bloomberg. Retrieved 2 May 2012.
  4. ^ "VEON enters the final stages in the sale of its Russia operations". Veon. 30 May 2023. Retrieved 4 June 2023.

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third-largest mobile network operator in Bangladesh and a subsidiary of VEON. Banglalink attained 1 million subscribers by December 2005, and 3 million...

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