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VEON Highlights Role of Investments in Rebuilding Ukraine, Renews “Invest in Ukraine, NOW!” Call in Kyiv Visit

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VEON (Nasdaq: VEON) and its subsidiary Kyivstar highlighted their investments in Ukraine's digital infrastructure during a delegation visit to Kyiv. The delegation, led by VEON Chairman Augie Fabela and CEO Kaan Terzioglu, met with key government officials and participated in the YES Special Meeting.

Key announcements include VEON's USD 1 billion investment plan for Ukraine over 2023-2027 and plans for indirectly listing Kyivstar on Nasdaq, which would make it the first Ukrainian business publicly traded in the US. Kyivstar, wholly owned by VEON, serves nearly 24 million connectivity customers and operates digital platforms including Helsi healthcare platform with 28 million registered users, Kyivstar TV, and various cloud, cybersecurity, and AI solutions.

VEON (Nasdaq: VEON) e la sua controllata Kyivstar hanno messo in evidenza i loro investimenti nell'infrastruttura digitale dell'Ucraina durante una visita di delegazione a Kiev. La delegazione, guidata dal presidente di VEON Augie Fabela e dal CEO Kaan Terzioglu, ha incontrato funzionari governativi chiave e ha partecipato alla Riunione Speciale YES.

Tra gli annunci principali c'è il piano di investimento di VEON di 1 miliardo di dollari per l'Ucraina nel periodo 2023-2027 e i piani per una quotazione indiretta di Kyivstar su Nasdaq, che la renderebbe la prima azienda ucraina quotata pubblicamente negli Stati Uniti. Kyivstar, interamente di proprietà di VEON, serve quasi 24 milioni di clienti di connettività e gestisce piattaforme digitali tra cui la piattaforma sanitaria Helsi con 28 milioni di utenti registrati, Kyivstar TV e varie soluzioni di cloud, cybersecurity e intelligenza artificiale.

VEON (Nasdaq: VEON) y su filial Kyivstar destacaron sus inversiones en la infraestructura digital de Ucrania durante una visita de delegación a Kiev. La delegación, encabezada por el presidente de VEON Augie Fabela y el CEO Kaan Terzioglu, se reunió con funcionarios gubernamentales clave y participó en la Reunión Especial YES.

Los anuncios clave incluyen el plan de inversión de VEON de 1 mil millones de dólares para Ucrania entre 2023 y 2027 y planes para una cotización indirecta de Kyivstar en Nasdaq, lo que la convertiría en la primera empresa ucraniana cotizada públicamente en EE. UU. Kyivstar, de propiedad total de VEON, atiende a casi 24 millones de clientes de conectividad y opera plataformas digitales, incluida la plataforma de salud Helsi con 28 millones de usuarios registrados, Kyivstar TV y varias soluciones de nube, ciberseguridad e inteligencia artificial.

VEON (Nasdaq: VEON)과 그 자회사 Kyivstar는 키예프에서의 대표단 방문 중 우크라이나의 디지털 인프라에 대한 투자를 강조했습니다. VEON의 회장인 Augie Fabela와 CEO Kaan Terzioglu가 이끄는 대표단은 주요 정부 관계자들과 만났으며 YES 특별 회의에 참석했습니다.

주요 발표 내용으로는 2023-2027년 동안 우크라이나에 대한 VEON의 10억 달러 투자 계획Kyivstar를 Nasdaq에 간접 상장할 계획이 포함되어 있으며, 이는 미국에서 공개 거래되는 첫 번째 우크라이나 기업이 될 것입니다. VEON이 전적으로 소유하고 있는 Kyivstar는 거의 2400만 연결 고객에게 서비스를 제공하며, 2800만 명의 등록 사용자를 보유한 Helsi 의료 플랫폼, Kyivstar TV 및 다양한 클라우드, 사이버 보안, AI 솔루션을 운영합니다.

VEON (Nasdaq: VEON) et sa filiale Kyivstar ont mis en avant leurs investissements dans l'infrastructure numérique de l'Ukraine lors d'une visite de délégation à Kiev. La délégation, dirigée par le président de VEON Augie Fabela et le PDG Kaan Terzioglu, a rencontré des responsables gouvernementaux clés et a participé à la Réunion Spéciale YES.

Parmi les annonces clés figure le plan d'investissement de VEON de 1 milliard de dollars pour l'Ukraine entre 2023 et 2027 et des projets pour une cotation indirecte de Kyivstar sur Nasdaq, ce qui en ferait la première entreprise ukrainienne cotée publiquement aux États-Unis. Kyivstar, entièrement détenue par VEON, dessert près de 24 millions de clients de connectivité et exploite des plateformes numériques, y compris la plateforme de santé Helsi avec 28 millions d'utilisateurs enregistrés, Kyivstar TV et diverses solutions de cloud, cybersécurité et intelligence artificielle.

VEON (Nasdaq: VEON) und seine Tochtergesellschaft Kyivstar hoben während eines Delegationsbesuchs in Kiew ihre Investitionen in die digitale Infrastruktur der Ukraine hervor. Die Delegation, geleitet von VEON-Vorsitzendem Augie Fabela und CEO Kaan Terzioglu, traf sich mit wichtigen Regierungsvertretern und nahm an der YES-Sonderversammlung teil.

Zu den wichtigsten Ankündigungen gehört VEONs Investitionsplan von 1 Milliarde USD für die Ukraine im Zeitraum 2023-2027 sowie Pläne für eine indirekte Listung von Kyivstar an der Nasdaq, die es zum ersten öffentlich gehandelten Unternehmen der Ukraine in den USA machen würde. Kyivstar, das vollständig im Besitz von VEON ist, bedient fast 24 Millionen Konnektivitätskunden und betreibt digitale Plattformen, darunter die Helsi-Gesundheitsplattform mit 28 Millionen registrierten Nutzern, Kyivstar TV sowie verschiedene Cloud-, Cybersecurity- und KI-Lösungen.

Positive
  • USD 1 billion investment commitment for 2023-2027
  • Planned Nasdaq listing for Kyivstar subsidiary
  • 24M connectivity customers base
  • 28M users on Helsi healthcare platform
  • Diversified digital services portfolio
Negative
  • None.

Kyiv and Dubai, 26 February 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, together with its 100%-owned subsidiary Kyivstar, highlighted its investments in Ukraine’s digital infrastructure during the visit of the VEON delegation to Kyiv.

The VEON delegation, led by VEON Chairman and Founder Augie Fabela, VEON CEO Kaan Terzioglu, met with the Kyivstar team commemorating the third anniversary of the war and renewing VEON’s commitment to investing in Ukraine’s recovery and reconstruction, held a series of bilateral meetings with key government stakeholders and participated in the Yalta European Strategy (YES) Special Meeting.

In bilateral meetings with government stakeholders, including Mykhailo Federov, Deputy Prime Minister for Innovation, Education, Science and Technology Development - Minister of Digital Transformation of Ukraine and Oleksiy Chernyshov, Deputy Prime Minister - Minister of National Unity of Ukraine, VEON and Kyivstar highlighted the work in maintaining critical connectivity and digital services for Ukraine and underscored the role of investments in rebuilding the country. The delegation advocated for immediate investments in the country’s recovery, highlighting VEON’s plan to invest USD 1 billion into Ukraine over 2023-2027, and the progress towards indirectly listing Kyivstar on the Nasdaq Stock Market LLC in the United States, which would make Kyivstar the only Ukrainian business whose shares would be publicly traded in the United States.

“VEON is deeply committed to Ukraine’s future, and to the critical role the private sector and international investments must play in the country’s recovery and reconstruction. It is a privilege to be on the ground in Ukraine at this historically important time, discussing our investment plans that will support building the future of Ukraine," said Augie Fabela, VEON Board Chairman and Founder. "Together with Kyivstar, VEON will continue to support Ukraine by investing in its digital economy, promoting investment opportunities in Ukraine, and bringing game-changing vital technologies like Starlink’s direct-to-cell service to the country.”

VEON is the parent company and the sole owner of Kyivstar, Ukraine’s leading digital operator with the country’s largest mobile and fixed-line connectivity businesses that serve nearly 24 million connectivity customers. Kyivstar offers a wide range of digital services to consumers and Ukrainian businesses, including the digital healthcare platform Helsi, with a registered user base of 28 million, and the entertainment streaming platform Kyivstar TV, as well as cloud, cybersecurity and AI solutions.

About VEON
VEON is a 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. VEON is listed on NASDAQ. 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 corporate strategy and plans to indirectly list Kyivstar on a U.S. stock exchange. These statements are based on management’s current expectations and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may impact VEON’s, ability to enter into a definitive agreement in respect of the indirect listing of Kyivstar on a U.S stock exchange or otherwise complete the proposed indirect listing of Kyivstar on a U.S stock exchange. 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 Communication 
pr@veon.com



FAQ

How much is VEON investing in Ukraine between 2023-2027?

VEON plans to invest USD 1 billion in Ukraine over the period 2023-2027 to support the country's recovery and reconstruction.

What is VEON's plan for Kyivstar's stock market listing?

VEON plans to indirectly list Kyivstar on the Nasdaq Stock Market, making it the first Ukrainian business to be publicly traded in the United States.

How many customers does Kyivstar currently serve in Ukraine?

Kyivstar serves nearly 24 million connectivity customers as Ukraine's leading digital operator.

What digital services does Kyivstar offer in Ukraine?

Kyivstar offers digital healthcare platform Helsi (28M users), Kyivstar TV streaming, cloud services, cybersecurity, and AI solutions.

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