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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeon CEO: EU is 'unnecessarily heavily regulated' and that's killing revenue opportunitiesVeon CEO Kaan Terzioğlu says "emerging markets are sometimes more forward-looking."
Persons: Kaan Terzioğlu Organizations: EU
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVEON has grown in every single market, says CEO of the mobile network operatorKaan Terzioğlu, CEO of VEON, talks through third-quarter arnings as the telecoms firm raises its full-year guidance, cuts its investment forecast, and completes a full exit of its business in Russia.
Persons: Terzioğlu Organizations: VEON Locations: Russia
Veon CEO says he sees 'tremendous growth' in Ukraine
  + stars: | 2023-08-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeon CEO says he sees 'tremendous growth' in UkraineKaan Terzioğlu, CEO of Veon, discusses the company's quarterly results and the impact of the Russia-Ukraine war on business.
Persons: Ukraine Kaan Terzioğlu Locations: Ukraine, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeon CEO: We've become a much more compact company after exiting RussiaKaan Terzioğlu, CEO of Veon, discusses the company's first-quarter results and says it has doubled the pace of its growth.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeon CEO: Our biggest concern is guaranteeing energy sustainabiltyKaan Terzioglu, CEO at Veon, speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona, Spain.
Mobile operator Veon to sell Russian business for $2.2 bln
  + stars: | 2022-11-24 | by ( ) www.reuters.com   time to read: +2 min
Veon also operates Beeline in Kazakhstan and Kyivstar in Ukraine. Veon said the management buyout of Vimpelcom implied an expected enterprise value of approximately 370 billion roubles. Though Veon is selling at a discount, the transaction represents a relatively rare example of money changing hands between parties as companies race to exit Russia. The shares have traded near record lows since tumbling after Russia began what it calls its "special military operation" in Ukraine. "The management buyout of our Russian operations will benefit all involved," Veon CEO Kaan Terzioglu said in a statement to Reuters.
Nov 3 (Reuters) - Amsterdam-listed telecoms operator Veon (VON.AS) on Thursday reported a 3.6% year-on-year rise in third-quarter revenue, as its 4G penetration and digital operator strategy continued to deliver growth despite macroeconomic and geopolitical challenges. "Growth in subscribers, higher 4G penetration, and an expanded portfolio of digital services are driving solid revenue performance across our countries", CEO Kaan Terzioglu said in a statement. It also further strengthened its liquidity position, with $3.3 billion in cash at the end of the quarter, the group said. Russia, Veon's largest market, reported a revenue decrease of 6.1% year-on-year in local currency in the quarter, impacted by a 58.5% decline in equipment revenue due to lower device sales. Reporting by Diana Mandiá in Gdansk; Editing by Muralikumar Anantharaman and Uttaresh.VOur Standards: The Thomson Reuters Trust Principles.
Telecom operator VEON seeking sale of Russian operations
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +2 min
Nov 2 (Reuters) - Veon Ltd (VON.AS), the Dutch-based operator of telecommunications networks, said on Wednesday it was seeking the sale of its Russian operations, which make up more than half of its revenues and earnings. The company said it was conducting a "competitive sales process" for the business, which operates under the Beeline brand. Since then, scores of foreign firms have sought to reduce exposure to Russia and paused or terminated operations there. Veon's position is difficult as it also has significant operations in Ukraine, where it has struggled to keep its Kyivstar arm operating throughout the conflict. Russian media reported last month Veon was considering a sale of Beeline but Veon declined comment at the time.
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