$VEON

Nokia and ICEYE agreed with Ukraine to explore sovereign LEO satellite communications. VEON reported 11M Starlink users across Ukraine, Kazakhstan, and Bangladesh. Ting Fiber will transfer its Colorado Springs dark fiber lease by March 2027.

Uzbekistan and VEON discussed expanding mobile network coverage and modernizing telecommunications infrastructure. The meeting, held on October 19, focused on improving digital services and upgrading infrastructure, with VEON highlighting its international experience and operations in Uzbekistan. VEON is listed on Nasdaq and operates in Uzbekistan through Beeline Uzbekistan, having invested over $1.6 billion in the country's telecommunications sector.

Ericsson expands collaborations with Telstra and Singtel to advance AI and 5G capabilities. Nexfibre's £2bn acquisition of Netomnia is unlikely to proceed after CMA concerns. Veon acquires Perfectum in Uzbekistan for $207m, gaining spectrum and 5G assets.

VEON Ltd. agreed to acquire 100% of Rubicon Wireless (Perfectum) in Uzbekistan for approximately $207M, including $93M of assumed debt. The deal is expected to close by the end of October. According to VEON, the acquisition will add spectrum and assets to its Beeline Uzbekistan operations.

VEON Ltd. (Nasdaq: VEON) and Starlink Mobile announced that 11 million VEON customers have connected to the direct-to-device service in areas without cell signal. The service is available in Ukraine, Kazakhstan, and Bangladesh through Kyivstar, Beeline, and Banglalink, respectively. The service enables existing 4G/LTE phones to connect via satellite in remote or disaster-affected areas.

VEON's (VEON) unit Banglalink has partnered with Starlink to launch satellite-to-mobile connectivity in Bangladesh, targeting remote regions. This aligns with VEON's asset-light strategy and supports its push for digital services. The company is valued at approximately $5.6 billion and operates in several emerging markets. Success will depend on user adoption and increased activity through Banglalink's apps.

VEON Ltd. (Nasdaq: VEON) will release its 3Q26 and nine-month financial results on November 6, 2026. A presentation and earnings call will follow. Shareholders can submit questions via Say Technologies. VEON operates as a global digital operator with 152 million connectivity customers.

TPL Insurance Limited has been renamed JazzSure Insurance Limited after Jazz International Holding, a VEON subsidiary, acquired a 76.33% stake. The change, effective October 7, 2026, follows regulatory approvals and shareholder approval. The acquisition aims to expand Jazz's digital financial services in Pakistan.

VEON (VEON) received a Digital Bank license in Bangladesh, allowing it to expand into digital banking. The company's stock has seen significant gains, with a 1-year return of 55.16%. Analysts suggest VEON may be 11% undervalued at $77.19, with a fair value estimate of $86.87. However, its high P/E ratio of 90.1x and exposure to currency risks present potential challenges.

Veon signed a 10-year deal with Amdocs to modernize its technology operations, aiming for long-term cost predictability. CityFibre reported 36% revenue growth and 290% EBITDA increase, planning to strengthen its capital structure for acquisitions. The GSMA released reports on India's mobile sector at the 10th Indian Mobile Congress, highlighting 5G expansion and digital trust. BEREC stated that greater scale does not automatically lead to more investment or innovation in Europe's telecom sector.