VEON (VEON US): Digital Momentum Builds as Kyivstar IPO and Fintech Unlocks Take Shape

364 Views22 May 2025 12:56

Issuer-paid

SUMMARY

VEON returned to billion-dollar quarterly revenue in 1Q25; EBITDA grew 13.7% YoY on strong digital execution.
Digital revenues rose 50% YoY, now 14.3% of group total.
Kyivstar IPO on track for 3Q25 at US$2.3bn valuation; fintech optionality in Bangladesh and Ukraine emerging.

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