$VEON

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.

VEON (NASDAQ:VEON) and Amdocs (NASDAQ:DOX) have signed a 10-year deal to modernize VEON's tech operations using Amdocs' AI-driven platform, aOS. VEON's digital services account for 27% of its revenue. Amdocs reported $4.53B in fiscal 2025 revenue.

Pakistan's Finance Minister highlighted renewed FDI momentum, with VEON increasing its investment to $1.5B. The minister cited PPPs, privatization, and IPO activity as key drivers. Pakistan's economy is projected to grow 4% this fiscal year. Foreign exchange reserves reached $21.4B. Challenges include population growth and climate change.

VEON Ltd. received a digital bank license in Bangladesh for its joint venture with Square Group, backed by a $250M investment. This expands Banglalink’s Mukto Pay into full digital banking, combining VEON’s tech with Square Group’s distribution. The move may reshape investor views on execution risk, capital needs, and monetization potential in Bangladesh’s underbanked market. VEON aims for $6.2B revenue and $730.9M earnings by 2029, with 9.2% yearly revenue growth and 28.3% earnings growth.

VEON's shares have risen 40.3% since the start of 2026, driven by digital growth and fintech initiatives. The company's Q2 2026 revenue increased to $1.271B, but net income fell to $122M, raising questions about profitability. Analysts debate its future, with bullish and bearish cases citing different growth and margin assumptions. VEON's current price of $73.93 exceeds both scenarios' fair value estimates.

VEON Ltd. (VEON) announced that its subsidiary, Beeline Kazakhstan, has launched Starlink's satellite-to-mobile service, enabling smartphone users in Kazakhstan to access connectivity in areas without terrestrial coverage. The service, available for free initially, is integrated into Beeline's Janymda app.

VEON Ltd. plans to invest $250 million in Bangladesh's digital economy as part of a $1 billion FDI initiative. The investment was announced at a New York symposium with Banglalink, highlighting partnerships and digital services. VEON shares closed at $73.52, up 1.35% on Friday.

VEON and Square Group received approval for a digital bank license in Bangladesh. VEON will invest $250 million initially, aiming to mobilize $1 billion. The bank will integrate with Banglalink's mobile ecosystem, targeting underserved communities. VEON already serves 59 million customers in other markets.

Veon Ltd and Banglalink hosted a symposium in New York to mobilize $1bn for Bangladesh's digital economy, backed by a $250m commitment from Veon. The event attracted global investors, including BlackRock and the World Bank, and highlighted Banglalink's expansion into digital services and Starlink connectivity. According to Veon, the initiative aims to attract investment in connectivity, digital infrastructure, and AI.

MeetKai partners with Veon for AI rollout in five countries. US senators propose bipartisan bill for telecom cybersecurity. T-Mobile expands AI-driven network automation. Telefónica launches AI observability service. Ofcom reports mixed UK views on AI in telecoms.