VEON

VEON

Telecommunications services operators. Learn more

Launch date
Employees
Market cap
€1.8b
Enterprise valuation
€4.4b (Public information from Sep 2024)
Amsterdam North Holland (HQ), Moscow Moscow (founding location)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR2019202020212022202320242025
Revenues8.1b7.3b7.1b3.4b3.4b3.7b3.9b
% growth(2 %)(10 %)(2 %)(52 %)(2 %)10 %7 %
EBITDA4.0b4.0b3.1b1.6b1.6b1.6b1.7b
% EBITDA margin50 %55 %44 %46 %46 %44 %43 %
Profit565m(317m)613m(288m)(2.3b)--
% profit margin7 %(4 %)9 %(8 %)(68 %)--
EV / revenue1.5x1.4x1.4x0.2x0.5x0.4x0.4x
EV / EBITDA3.1x2.5x3.2x0.5x1.1x1.0x0.9x
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Growth Equity VC
N/A

N/A

IPO
*
N/A

N/A

Merger
*

RUB30.0b

Post IPO Debt
Total Funding-

Recent News about VEON

Edit
More about VEONinfo icon
Edit

VEON is a global telecommunications and digital services company that provides connectivity and digital services to millions of people in emerging economies. Operating in markets such as Russia, Uzbekistan, Kazakhstan, Kyrgyzstan, and Georgia, VEON serves both individual consumers and businesses. The company’s business model revolves around offering mobile and internet services, digital financial services like JazzCash, and innovative solutions such as digital identity validation through MOBILEID. VEON generates revenue primarily through subscription fees, data usage charges, and digital service transactions. The company is committed to socio-economic development and aligns its operations with the United Nations Sustainable Development Goals (SDGs).

Keywords: telecommunications, digital services, emerging economies, mobile, internet, JazzCash, digital identity, connectivity, socio-economic development, SDGs.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by VEON

Edit
Golden Telecom
ACQUISITION by VEON Dec 2007
IBS DataFort
ACQUISITION by VEON Dec 2021