VEON Co-CEO Kaan Terzioğlu Elected to Serve on GSMA Board of Directors

Rhea-AI Summary

VEON Ltd. announced that Kaan Terzioğlu has been elected to the Board of Directors of the GSMA, a leading organization in the mobile communications industry. Terzioğlu, co-CEO of VEON, will serve alongside 26 other leaders from January 2021 to December 2022. He emphasized the importance of mobile communications to customers and economies, aiming to leverage VEON's global insights in his new role. VEON operates in 9 countries, serving over 200 million subscribers with a range of digital services, including mobile and fixed-line connectivity.

Positive

• Kaan Terzioğlu's appointment to GSMA may enhance VEON's industry influence.
• Access to insights from GSMA can benefit VEON’s strategic initiatives.
• The appointment reflects VEON's commitment to the mobile industry.

Negative

• None.

AMSTERDAM, Nov. 16, 2020 /PRNewswire/ – VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces that Kaan Terzioğlu has been elected to the Board of Directors of the GSMA, the mobile industry's leading global organization that brings together more than 750 operators and nearly 400 ecosystem companies.

Kaan Terzioğlu's appointment was confirmed amongst those of 26 industry leaders elected to the GSMA's Board for a two-year term, each of whom will serve the mobile industry's leading global body from January 2021 to December 2022.

Commenting on the announcement, Kaan Terzioğlu, co-CEO of VEON Group, said:

"The role of mobile communications has never been more essential to the lives and livelihoods of our customers, and to the current and future prosperity of the economies we connect. I am delighted to have the opportunity to join the GSMA Board and serve the industry as we navigate this unprecedented period, and look forward to bringing insights from across the wide and diverse operational footprint of the VEON Group of companies."

The VEON Group operates in 9 countries across the globe, which together account for 10% of the world's population. Its operating companies Beeline, Kyivstar, Jazz, Djezzy and Banglalink deliver mobile and fixed line services to more than 200 million subscribers, helping to bridge the digital divide throughout the nations they serve, particularly through 4G connectivity. VEON's operating companies also provide a growing range of new digital services that are transforming the experience of customers through mobile-led content, financial services and a host of B2B offerings.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, headquartered in Amsterdam. Our vision is to empower customer ambitions through technology, acting as a digital concierge to guide their choices and connect them with resources that match their needs. 

For more information visit: http://www.veon.com.

VEON Contacts

Investor Relations & Communications

Nik Kershaw
ir@veon.com                         
Tel: +31-20-79-77-200

 

View original content:http://www.prnewswire.com/news-releases/veon-co-ceo-kaan-terziolu-elected-to-serve-on-gsma-board-of-directors-301173772.html

SOURCE VEON Ltd

FAQ

What is the significance of Kaan Terzioğlu's election to the GSMA Board for VEON?

Kaan Terzioğlu's election to the GSMA Board positions VEON as a key player in the mobile industry, potentially enhancing its reputation and influence.

How long will Kaan Terzioğlu serve on the GSMA Board?

Kaan Terzioğlu will serve on the GSMA Board from January 2021 to December 2022.

What role does VEON play in the mobile industry?

VEON is a global provider of connectivity services, operating in 9 countries with over 200 million subscribers, offering mobile and fixed-line services.

What impact could Terzioğlu's insights bring to VEON?

Terzioğlu's insights from the GSMA may help VEON navigate industry challenges and explore new opportunities for growth.