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VEON eyes $600m bid for remaining Global Telecom shares
2019-02-05 01:00:00| Total Telecom industry news
International telecoms operator, VEON, has announced its intention to purchase the remaining 42.3 per cent stake in Egyptian telco Global Telecom for $600 million…read more on TotalTele.com »
Tags: global
eyes
remaining
bid
VEON appoints new CSO to oversee digital growth
2019-02-04 01:00:00| Total Telecom industry news
International telecoms firm VEON has appointed a new chief strategy officer (CSO) to oversee the company's continued growth. Alex Kazbegi will take up the reins as VEON's new CSO on the 18th February 2019 and will also join the company's Executive Committee…read more on TotalTele.com »
Tags: digital
growth
oversee
appoints
VEON appoints new CEO and chairman
2018-12-13 01:00:00| Total Telecom industry news
VEON has appointed Ursula Burns as chairman and CEO with immediate effect. Ms Burns has been the chairman of VEON's board of directors since July 2017 and was appointed to the role of executive chairman in March 2018. During this time…read more on TotalTele.com »
Tags: ceo
chairman
appoints
ceo appoints
Veon sees underlying growth improve despite negative forex effects
2018-11-08 08:00:00| Telecompaper Headlines
(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said.
Tags: improve
effects
growth
negative
Veon abandons bid for Jazz, Banglalink after fall in rupee, shareholder resistance
2018-10-11 08:35:00| Telecompaper Headlines
(Telecompaper) Veon said it's ended its offer to acquire the assets of Global Telecom Holding in Pakistan and Bangladesh. The sharp fall in the Pakistan rupee and resistance by GTH minority shareholders to the offer led to the decision. Veon said it would continue to explore options to address its strategic relationship with GTH and its minority shareholders.
Tags: fall
jazz
bid
resistance