Veon Overview
- Year Founded
-
1992
- Status
-
Public
- Employees
-
18,938
- Stock Symbol
-
VEON-RX
- Investments
-
63
Veon General Information
Description
VEON Ltd is a United Arab Emirates-based digital operator providing connectivity and Internet services to corporations and individuals. The company offers mobile and fixed-line telecommunications services through a range of traditional and broadband mobile technologies. The company's reportable segments consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. It provides its services under the Beeline, Kyivstar, Banglalink, and Jazz brands. It generates the majority of its revenue from Pakistan. Its telecommunications and digital services include voice, fixed broadband, data and cloud services.
Contact Information
Website
www.veon.comCorporate Office
- Claude Debussylaan 88
- 1082 MD Amsterdam
- Netherlands
Corporate Office
- Claude Debussylaan 88
- 1082 MD Amsterdam
- Netherlands
Veon Financials Summary
As of 30-Sep-2026, Veon has a trailing 12-month revenue of $4.95B.
|
In Thousands, USD |
TTM 30-Sep-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 |
|---|---|---|---|---|
| Revenue | 4,950,000 | 4,399,000 | 4,004,000 | 3,698,000 |
| EBITDA | 2,170,000 | 2,079,000 | 1,881,000 | 1,759,000 |
| Net Income | 377,000 | 532,000 | 415,000 | (2,528,000) |
| Total Assets | 10,283,000 | 9,215,000 | 8,036,000 | 8,218,000 |
| Total Debt | 5,611,000 | 5,145,000 | 4,694,000 | 5,156,000 |
Veon Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Veon Comparisons
Industry
Financing
Details
Veon Competitors (87)
One of Veon’s 87 competitors is Emirates Telecommunications Group, a Corporation company based in Abu Dhabi, United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Emirates Telecommunications Group | Corporation | Abu Dhabi, United Arab Emirates | ||||
| Emirates Integrated Telecommunications Company | Private Equity-Backed | Dubai, United Arab Emirates | ||||
| Zain Group | Corporation | Kuwait City, Kuwait | ||||
| Ooredoo (Kuwait) | Corporate Backed or Acquired | Kuwait City, Kuwait | ||||
| Telenor | Corporation | Fornebu, Norway |
Veon Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Veon Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Veon Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Veon Investments & Acquisitions (63)
Veon’s most recent deal was a Corporate with Jungo TV. The deal was made on 06-Nov-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Jungo TV | 06-Nov-2026 | Corporate | Entertainment Software | ||
| Perfectum | 19-Oct-2026 | Merger/Acquisition | Telecommunications Service Providers | ||
| Vodafone Ukraine (Tower Assets in Ukraine) | 01-Jan-2026 | Corporate Asset Purchase | Buildings and Property | ||
| Target AI | 12-Nov-2024 | Later Stage VC | Business/Productivity Software | ||
| T.One | 30-Nov-2023 | Merger/Acquisition | Automation/Workflow Software |
Veon ESG
Risk Overview
Risk Rating
Updated November, 04, 2026
30.04 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 13,585
Rank
Percentile
Telecommunication Services
Industry
of 199
Rank
Percentile
Telecommunication Services
Subindustry
of 199
Rank
Percentile
Veon Exits (16)
Veon’s most recent exit was on 07-Nov-2023 from Theory & Practice. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Theory & Practice | 07-Nov-2023 | Completed |
|
||
| Smarts Saratov | 30-Nov-2015 | Completed |
|
||
| Smarts-Cheboksary | 20-Nov-2014 | Completed |
|
||
| Euroset | 07-Dec-2012 | Completed |
|
||
| Freedom Mobile | 15-Apr-2011 | Merger/Acquisition | Completed |
Veon Affiliates
Subsidiaries (11)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| RURU | Moscow, Russia | 2011 | |
| Veon Amsterdam | Amsterdam, Netherlands | 2010 | |
| OTM World Wide | Moscow, Russia | 2010 | |
| CDNvideo | Moscow, Russia | 2010 | |
| Pskovline | Pskov, Russia | 2003 |
Veon FAQs
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When was Veon founded?
Veon was founded in 1992.
-
Where is Veon headquartered?
Veon is headquartered in Amsterdam, Netherlands.
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What is the size of Veon?
Veon has 18,938 total employees.
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What industry is Veon in?
Veon’s primary industry is Telecommunications Service Providers.
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Is Veon a private or public company?
Veon is a Public company.
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What is Veon’s stock symbol?
The ticker symbol for Veon is VEON-RX.
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What is Veon’s current revenue?
The trailing twelve month revenue for Veon is $4.95B.
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Who are Veon’s competitors?
Emirates Telecommunications Group, Emirates Integrated Telecommunications Company, Zain Group, Ooredoo (Kuwait), and Telenor are some of the 87 competitors of Veon.
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