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VEON goes #BeyondConnectivity with Mastercard partnership

2021-02-03 01:00:00| Total Telecom industry news

In half the markets VEON operates in, more than 50 percent of the adult population has no bank account so, according to co-Chief Executive Officer Sergi Herrero, “Expanding digital financial services is a key growth priority"…read more on TotalTele.com »

Tags: partnership mastercard veon

 

Veon returns to customer growth in Q3, takes Russia writedown on weak sales

2020-10-29 10:35:00| Telecompaper Headlines

(Telecompaper) Veon reported a return to customer growth in the third quarter, as coronavirus restrictions were gradually lifted in its markets. The decline in organic revenues slowed to 1.3 percent year-on-year, and the company maintained its forecast for a low to mid single-digit decline over the full year. With underlying EBITDA stable in the quarter, the margin improved to 45.1 percent from 44.4 percent a year ago. 

Tags: sales customer returns takes

 
 

Veon eyes acquisition of OTT video service Megogo - report

2020-09-22 09:12:00| Telecompaper Headlines

(Telecompaper) Veon is considering an acquisition of the OTT video service Megogo, reports Rbc.ru citing four undisclosed sources.

Tags: service video report eyes

 

Veon Q2 results hit by Covid-19 restrictions, hopes for gradual recovery in H2

2020-08-06 08:37:00| Telecompaper Headlines

(Telecompaper) Veon reported second-quarter revenues down 16.3 percent year-on-year to USD 1.89 billion, hurt by store closures and reduced roaming due to Covid-19 restrictions. EBITDA was down 18.7 percent to USD 809 million. The operator said it expects a gradual recovery in sales and EBITDA in the second half of the year, assuming lockdown restrictions are slowly lifted. 

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Tele2 announces departure of CEO Nilsson and replacement by Veon ex-COO Johnsen

2020-07-06 09:35:00| Telecompaper Headlines

(Telecompaper) Tele2 AB has announced the resignation of Anders Nilsson as president and CEO of Com Hem and Tele2 on 14 September. He will be replaced the next day by Kjell Morten Johnsen, previously COO of Veon and head of Telenor Europe. Nilsson said the six years in the role had been very intense and he has now concluded that it is time for him to take a break and focus on other things in life for a while

Tags: replacement ceo departure announces

 

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