VEON is a publicly owned company headquartered in UAE, with approximately 12,750 employees. The company operates as a global digital operator, specializing in telecoms by providing converged connectivity and digital services across seven countries.
On March 13, 2026, during VEON Ltd.'s Q4 2025 earnings call, Group CEO Muhterem Terzioglu highlighted a strong and transformative year for the company, marked by double-digit operational growth. Group CFO Burak Ozer was set to discuss the financial results. Earlier that day, VEON presented its full-year 2025 and fourth-quarter results, showcasing what it characterized as "record digital growth" with digital revenue surging 63% and EBITDA up 19% across its emerging market portfolio. On March 12, 2026, the company reported full-year 2025 sales of USD 4399 million, an increase from USD 4004 million the previous year, with net income rising to USD 532 million from USD 415 million. For the fourth quarter of 2025, digital revenues grew 84% to represent 20.1% of total revenue, driving 17% revenue and 29% EBITDA growth for the quarter, contributing to a 9.9% increase in FY2025 revenue. VEON also provided earnings guidance for fiscal year 2026, projecting total revenue growth of 9% to 12% year-over-year in USD terms.
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