Kaan Terzioğlu
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Veon has agreed to sell 50.1% of its indirect stake in Beeline Kyrgyzstan to CG Cell Technologies, which is wholly owned by CG Corp Global.
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Veon’s Beeline network has launched mobile connectivity across the metro service in the capital city of Tashkent, Uzbekistan.
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Veon is likely to complete sale of its Russian division to the management by 1 June, the company said this morning.
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Veon is looking for a Russian buyer of its VimpelCom business, and is making sure that it is one that is not subject to Western sanctions, says the CEO.
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Veon’s two biggest markets are at war, and Russia has made it illegal to say so, so group CEO Kaan Terzioğlu treads carefully in his interview with Alan Burkitt-Gray
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Veon has completed the sale of the remaining stake in Djezzy Algeria to the country’s government investment fund, receiving US$682 million for the deal.
Forthcoming events
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Veon has sold its operations in the eastern European nation of Georgia to its former local partner for just US$45 million.
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Veon CEO Kaan Terzioğlu said this morning it would be “irresponsible” to provide guidance on the effect of Russia’s attack on Ukraine on the company’s performance
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Jazz, the Pakistani offshoot of the Veon telecoms group, has started a 300-rack data centre in the country’s capital, Islamabad.