Telenor Pakistan's Buyer Set to Rival Sector Leader by Year-End [BNN Bloomberg (Canada)]
VEON Ltd. - American Depositary Shares (VEON)
US:NASDAQ Investor Relations:
veon.com/investor-relations
Company Research
Source: BNN Bloomberg
will place it within sniffing distance of the market leader Veon Ltd.'s Jazz by bolstering its market share in the highly competitive sector. The Islamabad-based service provider expects to complete the transaction by December with “any required investment,” its Chief Executive Officer Hatem Bamatarf told Bloomberg on the sidelines of a conference in the city on Tuesday. The deal, struck in December that valued the target at 5.3 billion kroner ($487 million) will add 45 million customers to the subscriber base of Pakistan Telecom. This will also give it an overall market share of 36% up from 13% right now, data by Pakistan's Telecommunication Authority show, placing it at no. 2 and close on the heels of Jazz, the country's largest telecom player with a 37% market share. Pakistan Telecom, in which Emirates Telecommunications Group Co PJSC owns a minor stake, operates its mobile services company under the name of Ufone in world's fifth largest nation by population. Only three oper
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News
- Cricket Finds Its Digital Home in Bangladesh: VEON's Banglalink to Stream ICC Cricket on Toffee [Yahoo! Finance]Yahoo! Finance
- Cricket Finds Its Digital Home in Bangladesh: VEON’s Banglalink to Stream ICC Cricket on ToffeeGlobeNewswire
- VEON Announces 2024 AGM and Board NomineesGlobeNewswire
- VEON Ltd. (NASDAQ: VEON) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- VEON to release 1Q 2024 trading update on 16 May 2024GlobeNewswire
VEON
Sec Filings
- 5/1/24 - Form NT
- 4/29/24 - Form 6-K/A
- 4/25/24 - Form 6-K
- VEON's page on the SEC website