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VEON Ltd.

Telecommunications and Digital Services Kyiv, New York, Dubai, Philadelphia ~700 employees
Founded
--
Employees (Est.)
~700
35 leaders known
Total Funding
$5.0B
Funding Rounds
11
Last Funding
2026-06-02

About VEON Ltd.

VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six dynamic markets, covering 7% of the world's population. Headquartered in Dubai and listed on Nasdaq, VEON focuses on '4G for all,' aiming to transform lives, enhance digital inclusion, empower people, and drive economic growth in emerging markets with a population of 510 million.

Products & Services

Connectivity and Digital Services:Provides converged connectivity and a suite of digital services under brands like Kyivstar (Ukraine), Beeline (Kazakhstan, Kyrgyzstan, Uzbekistan), Jazz (Pakistan), and Banglalink (Bangladesh), as well as additional services under Tamasha, Toffee, Izi, Simply, hitter, and OQ.
connectivity services
digital financial services
entertainment
education
healthcare services
payments and digital assets

Specialties

Converged Connectivity Digital Services 4G Accessibility Direct-to-Cell Services Large Language Model Development emerging markets digital services mobile connectivity renewable energy

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 1400000000
MR: -
FA: 1.4 billion
FAN: 1400000000
D: 2026-06-02
FD: 2026-06-02
-
2 RT: Bond
T: -
FT: Bond
A: 1400000000
MR: -
FA: 1.4 billion
FAN: 1400000000
D: 2026-05-19
FD: 2026-05-19
-
3 RT: Debt
T: -
FT: Debt
A: 750000000
MR: -
FA: up to 750000000
FAN: 750000000
D: 2026-05-18
FD: 2026-05-18
-
4 RT: Secondary Offering
T: -
FT: Secondary Offering
A: 139800000
MR: -
FA: USD 139.8 million
FAN: 139800000
D: 2026-02-03
FD: 2026-02-03
6 investors
5 RT: Debt
T: -
FT: Debt
A: 200000000
MR: -
FA: USD 200 million
FAN: 200000000
D: 2025-07-02
FD: 2025-07-02
1 investors
6 RT: Term Loan
T: -
FT: Term Loan
A: 210000000
MR: -
FA: USD 210 million
FAN: 210000000
D: 2025-03-27
FD: 2025-03-27
2 investors
7 RT: Debt
T: -
FT: Debt
A: 270000000
MR: -
FA: up to PKR 75 billion
FAN: 270000000
D: 2024-07-22
FD: 2024-07-22
11 investors
8 RT: Equity Incentive Share Issuance
T: -
FT: Equity Incentive Share Issuance
A: 92460
MR: -
FA: USD 92,459.52
FAN: 92460
D: 2024-03-01
FD: 2024-03-01
-
9 RT: Fundraising Campaign
T: -
FT: Fundraising Campaign
A: 4800000
MR: -
FA: 180 million hryvnas
FAN: 4800000
D: 2024-02-14
FD: 2024-02-14
3 investors
10 RT: Investment Commitment
T: -
FT: Investment Commitment
A: 600000000
MR: -
FA: 600 million USD
FAN: 600000000
D: 2024-02-05
FD: 2024-02-05
-
11 RT: Fundraising Campaign
T: -
FT: Fundraising Campaign
A: 2700000
MR: -
FA: over UAH 100 million
FAN: 2700000
D: 2023-09-20
FD: 2023-09-20
-
Debt Latest
2026-06-02
$1.4B
Bond 2026-05-19
$1.4B
Debt 2026-05-18
$750.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

K

Kaan Terzioğlu

Chief Executive Officer

B

Burak Ozer

Chief Financial Officer

S

Sebastian Rice

General Counsel

A

Anand Ramachandran

Chief Corporate Development Officer

V

Vitaly Shmakov

Chief Investment Officer

J

Jameel Asghar

Chief People Officer

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Recent News

VEON Ltd. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Website
veon.com
Industries
Telecommunications and Digital Services
Company Size
~700 employees (est.)
Locations
Kyiv, New York, Dubai, Philadelphia
Barcelona
Tashkent, Uzbekistan +4 more

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