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Kyivstar and Jazz Secure Double Win for VEON at The World Communication Awards 2024

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VEON (Nasdaq: VEON) secured two victories at the World Communication Awards 2024. Its Ukrainian operator Kyivstar won the Crisis Response Award for maintaining telecommunications during Russia's invasion, including deploying 2,300 power generators and 113,000 batteries to combat blackouts. The company's $1 billion investment pledge in Ukraine's digital infrastructure (2023-2027) was also recognized.

Jazz, VEON's Pakistani operator, received the Best Operator in a Growth Market Award for its 72-million subscriber base and successful digital services portfolio in financial services, entertainment, and healthcare. The awards, judged by over 100 independent industry experts, were presented in London on December 10th, highlighting both operators' significant contributions to their respective markets.

VEON (Nasdaq: VEON) ha ottenuto due vittorie ai World Communication Awards 2024. Il suo operatore ucraino Kyivstar ha vinto il premio per la Risposta alle Crisi per aver mantenuto le telecomunicazioni durante l'invasione russa, incluso il dispiegamento di 2.300 generatori di energia e 113.000 batterie per combattere i blackout. Anche il impegno della compagnia di investire 1 miliardo di dollari nella infrastruttura digitale dell'Ucraina (2023-2027) è stato riconosciuto.

Jazz, l'operatore pakistano di VEON, ha ricevuto il premio per il Miglior Operatore in un Mercato in Crescita per la sua base di 72 milioni di abbonati e il successo del portafoglio di servizi digitali nei settori dei servizi finanziari, dell'intrattenimento e della salute. I premi, giudicati da oltre 100 esperti indipendenti del settore, sono stati consegnati a Londra il 10 dicembre, evidenziando i significativi contributi di entrambi gli operatori ai rispettivi mercati.

VEON (Nasdaq: VEON) logró dos victorias en los World Communication Awards 2024. Su operador ucraniano Kyivstar ganó el premio a la Respuesta a Crisis por mantener las telecomunicaciones durante la invasión rusa, incluyendo el despliegue de 2,300 generadores de energía y 113,000 baterías para combatir los apagones. También fue reconocido el compromiso de la compañía de invertir 1,000 millones de dólares en la infraestructura digital de Ucrania (2023-2027).

Jazz, el operador paquistaní de VEON, recibió el premio al Mejor Operador en un Mercado en Crecimiento por su base de 72 millones de suscriptores y su exitoso portafolio de servicios digitales en servicios financieros, entretenimiento y salud. Los premios, evaluados por más de 100 expertos independientes de la industria, se entregaron en Londres el 10 de diciembre, destacando las significativas contribuciones de ambos operadores a sus respectivos mercados.

VEON (Nasdaq: VEON)은 World Communication Awards 2024에서 두 가지 상을 수상했습니다. 우크라이나의 운영자 Kyivstar는 러시아의 침공 동안 통신을 유지한 공로로 위기 대응 상을 받았으며, 이를 위해 2,300개의 발전기와 113,000개의 배터리를 배치했습니다. 회사의 10억 달러 투자 약속도 우크라이나의 디지털 인프라(2023-2027)에 대한 것도 인정받았습니다.

Jazz, VEON의 파키스탄 운영자는 7200만명의 구독자를 보유하고 있으며 금융 서비스, 엔터테인먼트 및 의료 분야에서 성공적인 디지털 서비스 포트폴리오로 성장 시장에서 최고의 운영자 상을 수상했습니다. 이 상은 100명 이상의 독립 산업 전문가에 의해 심사되었으며, 12월 10일 런던에서 수여되어 두 운영자의 각각의 시장에 대한 중요한 기여를 강조했습니다.

VEON (Nasdaq: VEON) a remporté deux victoires aux World Communication Awards 2024. Son opérateur ukrainien Kyivstar a reçu le prix de la Réaction de Crise pour avoir maintenu les télécommunications pendant l'invasion russe, notamment en déployant 2 300 générateurs et 113 000 batteries pour lutter contre les pannes de courant. L'engagement de l'entreprise d'investir 1 milliard de dollars dans l'infrastructure numérique de l'Ukraine (2023-2027) a également été reconnu.

Jazz, l'opérateur pakistanais de VEON, a reçu le prix du Meilleur Opérateur dans un Marché en Croissance pour sa base de 72 millions d'abonnés et son portefeuille de services numériques réussi dans les services financiers, le divertissement et la santé. Les prix, jugés par plus de 100 experts indépendants du secteur, ont été remis à Londres le 10 décembre, mettant en lumière les contributions significatives des deux opérateurs à leurs marchés respectifs.

VEON (Nasdaq: VEON) sicherte sich zwei Siege bei den World Communication Awards 2024. Der ukrainische Betreiber Kyivstar erhielt den Preis für Krisenreaktion, da er die Telekommunikation während der russischen Invasion aufrecht erhalten konnte, darunter der Einsatz von 2.300 Stromgeneratoren und 113.000 Batterien zur Bekämpfung von Stromausfällen. Auch das Investitionsversprechen des Unternehmens in Höhe von 1 Milliarde Dollar für die digitale Infrastruktur der Ukraine (2023-2027) wurde anerkannt.

Jazz, der pakistanische Betreiber von VEON, erhielt den Preis für den besten Betreiber in einem Wachstumsmarkt für seine 72 Millionen Abonnenten und das erfolgreiche Portfolio an digitalen Dienstleistungen in den Bereichen Finanzdienstleistungen, Unterhaltung und Gesundheitswesen. Die Preise, die von über 100 unabhängigen Branchenexperten bewertet wurden, wurden am 10. Dezember in London überreicht und hoben die signifikanten Beiträge beider Betreiber in ihren jeweiligen Märkten hervor.

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London, 12 December 2024 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), announces that it won in two categories at the World Communication Awards 2024. Kyivstar, VEON’s digital operator in Ukraine, received the Crisis Response Award, while Jazz, the Company’s operator in Pakistan, received the Best Operator in a Growth Market Award. Both companies and VEON were commended for their positive impact and dedication to the markets in which they operate, during the awards ceremony, which was held in London on December 10th.

VEON’s Kyivstar was recognized for its work in keeping telecommunications running in Ukraine since Russia’s full-scale invasion almost three years ago. Kyivstar was also commended for its investments into energy resilience, including the deployment of 2,300 power generators and 113,000 batteries to power its network in the face of near-constant blackouts. VEON’s pledge to invest 1 billion USD into Ukraine’s telecommunication infrastructure and digital services sector over 2023-2027 was also highly praised.

 "We are pleased that Kyivstar has been recognized by the World Communication Awards for its exceptional work in crisis response. The past three years have been extremely challenging, and receiving international recognition for the remarkable efforts of Kyivstar’s employees in keeping Ukraine connected is truly heartening," said Oleksandr Komarov, CEO of Kyivstar.

VEON’s Jazz was the recipient of the Best Operator in a Growth Market Award in recognition of its strong growth, success in building a subscriber base of 72 million and its portfolio of highly successful digital offerings, which have brought financial services, entertainment and healthcare to Jazz customers and the wider population of Pakistan. The World Communication Award also highlighted Jazz’s focus on social responsibility, which includes the operator's progress in supporting Pakistan’s considerable unbanked population through life-changing financial services via its sister companies JazzCash and Mobilink Microfinance Bank.

"For over two decades, the World Communication Awards have been a hallmark of excellence in the global telecommunications sector. We are thrilled to be receiving the Best Operator in a Growth Market Award. The expansion of digital connectivity in Pakistan has positively impacted tens of millions of people through enhanced communication and innovative services. It has significantly contributed to the country's economic growth and will continue to play a vital role in improving lives and livelihoods," said Aamir Ibrahim, CEO of Jazz.
The World Communications Awards are organized by leading global telecoms publisher and events company, Total Telecoms. The awards were adjudicated by over 100 independent industry experts, academics and CTOs, and are widely recognized among the most prestigious accolades in the telecommunications industry.
About Kyivstar
Kyivstar is the largest telecoms operator in Ukraine with over 23 million mobile subscribers and over 1 million home internet subscribers. As Ukraine’s market-leading operator, the company has maintained network availability of above 90% on average since February 2022, supporting the connectivity of not only its own customers but also the broader Ukrainian population. Kyivstar is 100% owned by the VEON Group.

About Jazz
Jazz is Pakistan’s leading digital operator with over 71.4 million cellular subscribers and 63.3 million MAUs of digital services as of Q2 2024. Jazz offers the most extensive portfolio of digital services including JazzCash, Pakistan’s leading fintech; Garaj, the largest onshore cloud and cybersecurity platform; and Tamasha, Pakistan’s largest homegrown OTT video streaming and entertainment platform.

About VEON
VEON is a Nasdaq-listed digital operator that provides converged connectivity and digital services to nearly 160 million customers.  Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. For more information visit: www.veon.com.

Disclaimer
This release contains “forward-looking statements”, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON’s investment plans, digital products, business plans and commercial partnerships. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.

Contact Information
VEON
Hande Asik
Group Director of Communications
pr@veon.com

MHP Group
Julian Tanner
Julian.tanner@mhpgroup.com

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FAQ

What awards did VEON win at the World Communication Awards 2024?

VEON won two awards: the Crisis Response Award for Kyivstar (Ukraine) and the Best Operator in a Growth Market Award for Jazz (Pakistan).

How much is VEON investing in Ukraine's digital infrastructure from 2023 to 2027?

VEON has pledged to invest 1 billion USD in Ukraine's telecommunication infrastructure and digital services sector over 2023-2027.

What infrastructure did Kyivstar deploy to maintain operations during blackouts in Ukraine?

Kyivstar deployed 2,300 power generators and 113,000 batteries to power its network during near-constant blackouts in Ukraine.

How many subscribers does VEON's Jazz have in Pakistan?

Jazz has built a subscriber base of 72 million in Pakistan.

What services does Jazz provide in Pakistan beyond traditional telecommunications?

Jazz provides financial services, entertainment, and healthcare through its digital offerings, including services through JazzCash and Mobilink Microfinance Bank.

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