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VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution

VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution
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VEON Posts 6 6% Revenue Growth In Q1 Driven By Digital Operator Strategy: Details - VEON (NASDAQ:VEON)

VEON reported first-quarter FY24 sales growth of 6.6% year-on-year to $942 million. Total digital monthly active users surged 40%. The company's 4G subscribers grew 10.6% Y/Y to 97.4 million, representing a 61.7% customer base penetration. VEON anticipates FY24 local currency revenue growth of 16%-18% and EBITDA growth of 18%-20%.

Kaan terzioDigital operator

VEON revenues up in Q1 amid growing 4G and digital services user base

VEON's revenues grew 11.6% year-over-year to reach $942 million in Q1, with both the 4G and digital services customer base expanding.

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Doing the splits: at the coalface of a netco/servco separation

Executives from VEON and Telenor discuss lessons learned from splitting off infrastructure assets, with views on optimal approaches to this complex task.

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Veon sells majority stake in Beeline Kyrgyzstan

Veon sells majority stake in Beeline Kyrgyzstan
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