Veon
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Veon’s public relations agency has complained about Capacity’s report about a filing the company made to shareholders and the US financial regulator about the threats to its viability. -
Veon, the Nasdaq-listed operator whose biggest market is in Russia, has issued a stern warning to shareholders that the war against Ukraine means it might not be able to continue in business.
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Telecoms operator Veon has moved loans from sanctioned banks worth more than US$1.12 billion from its head office in Amsterdam to its Russian branch, out of reach of Western authorities.
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Ericsson has appointed Veon’s former group general counsel as its chief legal officer and head of legal affairs and compliance.
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Exor increased its stake in network operator Veon to 5.08% as of March 3 according to published reports from the Dutch Authority for Financial Markets.
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A week after Mikhail Fridman resigned as a director of the board of Veon, a board member has now followed in his footsteps.
Forthcoming events
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Global Carrier Awards 2022
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Capacity Europe 2022
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Telcos support Ukraine as Russian operators face blocks
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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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Veon is moving its group parent company from Bermuda to London, saying it wants to be in “a jurisdiction with high standards of corporate governance”.
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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.
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Mobile network operator Veon has incorporated the GSMA’s Mobile Connect standard into what it hopes will be a global identity system.
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Veon has announced it has concluded the transaction for the sale of its Russian tower assets to Service-Telecom.
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Veon’s Bangladesh subsidiary is to use the country’s national wholesale network provided by BTCL.
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Veon and Amdocs have today announced a seven-year agreement that will enable digital services for Veon customers in Uzbekistan and Kazakhstan.
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The Azerbaijan investor that owns Bakcell and is building the Digital Silk Way as a backbone through the Caucasus has appointed Vasyl Latsanych as its head of telecoms.
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Season 3, episode 2 is presented by editor Melanie Mingas, and features editor-at-large Alan Burkitt-Gray, deputy editor Natalie Bannerman and this week's guest, Colm Shorten, senior director of data centres at JLL.
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Veon has reached agreement to sell its mobile network towers in Russia to Service-Telecom for a total of ₽70.65 billion ($970 million).
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Veon has added a new face to its leadership line-up after appointing Michael Schulz to the role of group chief people officer.
Forthcoming events
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
