VEON Joins GSMA Open Gateway to Provide Interoperability for Developers

Rhea-AI Summary

Barcelona, March 2, 2023 - VEON Ltd. (NASDAQ: VEON), a global digital operator, announced its participation in the GSMA Open Gateway initiative, featuring universal network APIs aimed at facilitating access for developers across operator networks. This framework, launched with 21 other mobile network operators at MWC Barcelona 2023, seeks to revolutionize telecom service design and delivery, reminiscent of the mobile voice roaming standardization in the 1980s. VEON's CEO, Kaan Terzioglu, emphasized the significance of rapid innovation and interoperability in the digital landscape, expressing enthusiasm for the standardization benefits for developers and customers alike.

Positive

• VEON joins the GSMA Open Gateway, enhancing its position in the API economy.
• The initiative could lead to increased service interoperability and innovation.
• Potential for improved developer engagement, expanding VEON's service offerings.

Negative

• None.

 Barcelona, 2^nd March 2023 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that it has joined the GSMA Open Gateway, a new framework of universal network APIs (Application Programmable Interfaces), designed to provide universal access to operator networks for developers.

Launched with the support of 21 mobile network operators at MWC Barcelona 2023, the GSMA Open Gateway aims to change the way the telecoms industry designs and delivers services in an API economy world. The framework has the potential to harmonise digital services in a way that resembles the standardisation efforts that enabled mobile voice roaming in the 1980s.

“By applying the concept of interconnection for operators to the API economy, developers can utilise technology once, for services such as identity, cybersecurity or billing, but with the potential to be integrated with every operator worldwide. This is a profound change in the way we design and deliver services” commented Mats Granryd, Director General of GSMA.

“Rolling out innovation with speed and interoperability is key to the success of our industry,” states Kaan Terzioglu, CEO of VEON Group. “The GSMA Open Gateway provides a standardised way for developers to build new applications and services, to the benefit of customers. As a digital operator that offers a wide range of digital services, we are delighted to join this GSMA initiative alongside our fellow operators.”

About VEON
VEON is a global digital operator that currently provides converged connectivity and online services to over 200 million customers in seven dynamic markets. We are transforming people’s lives, empowering individuals, creating opportunities for greater digital inclusion and driving economic growth across countries that are home to more than 8% of the world’s population. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext. For more information visit: https://www.veon.com.

Contact information

For VEON:
Anna Ivanova-Galitsina
pr@veon.com

Julian Tanner
Julian.tanner@tuvapartners.com

 

FAQ

What is VEON's recent announcement regarding GSMA Open Gateway?

VEON announced its participation in the GSMA Open Gateway initiative, focusing on universal network APIs for developers.

How does GSMA Open Gateway impact VEON's service delivery?

The GSMA Open Gateway aims to standardize access to operator networks, potentially enhancing the speed and interoperability of VEON's service delivery.

When was the GSMA Open Gateway launched?

The GSMA Open Gateway was launched at MWC Barcelona 2023.

What is the significance of VEON joining GSMA Open Gateway?

VEON's involvement could drive innovation in the telecom sector and improve the digital services available to its customers.