Veon sees solid Q3 results and app success
Operator group Veon talked up revenue growth in Q3 2017, thanks to its operations in Russia, Pakistan, Ukraine and Uzbekistan. Total revenue was $2. 5 billion, a 4 per cent increase year-on-year. Mobile and fixed service revenue of $2.
Telenor completes sale of minority Veon stake
Telenor said it has now completed the sale of its minority ownership in Veon, as it offloaded its remaining 19. 7 per cent stake in the operator. In a statement, Telenor said it priced 90 million Veon shares, representing a 5.
Veon may face further legal action over Uzbek scandal
Veon looks likely to face class action from shareholders after a US district judge gave permission for the suit, based on accusations the firm failed to disclose details of a bribery investigation in Uzbekistan under its former guise of VimpelCom.
Veon reports loss following “pivotal” Q1
Veon talked up the positives for Q1, stating it had reached “several major milestones” in the period, during which it rebranded from VimpelCom. “We announced a sustainable and progressive dividend policy and paid final dividends for 2016.
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