About VEON
VEON is a publicly listed company based in Moscow (Russia) founded in 1992, and was acquired by Philips in April 2001. Voice, fixed broadband, data, and telecommunication services are provided globally. The company has 18,030 employees. VEON has completed 8 acquisitions, including CDNvideo, DataFort and Golden Telecom. Its chief executive, as recorded, is Kaan Terzioglu. Its website veon.com draws about 47 thousand monthly visits. Its focus areas include Telecom, Telecom Operators and Cellular.
Company details
VEON was founded in 1992 in Moscow, Russia, and operates as a telecommunications provider. Services such as voice, fixed broadband, data, and related offerings are delivered across multiple regions. In 2021, annual revenues of 8.11 billion were achieved, with a net profit of 0.67 billion recorded. Leadership is provided by CEO Kaan Terzioglu, overseeing operations in the sector.
- Annual Revenue$4.47 B (USD)12.36as on Dec 31, 2025
- Net Profit$541.13 M (USD)31.11as on Dec 31, 2025
- EBITDA$1.86 B (USD)10.63as on Dec 31, 2025
- Latest Funding Round$1B (USD), Debt – Conventional
Sep 2019
- InvestorsPhilips
& 1 more
- Employee Count18,030
- Investments & AcquisitionsCDNvideo
& 7 more
- Acquired byPhilips
(Apr 2001)
Funding Insights of VEON
- Total Rounds 3
- Last Round Debt – Conventional — $1B
- First Round $1.79B
(Jun 2017)
- Investors Count 1
All 3 funding rounds of VEON with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $1B | Debt – Conventional | – | – | – |
| Jun 2017 | $1.5B | Debt – Conventional | – | – | – |
| Jun 2017 | $1.79B | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in VEON
VEON has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Philips and Sberbank CIB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operates as a diversified lending non-banking financial institution. | 1991 | sberbank-cib.ru | Moscow, Russia | |
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | philips.com | Amsterdam, Netherlands |
Investor details for VEON
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People of VEON
21 people are tracked at VEON (7 in leadership, 9 in board & advisors, 5 in team); the tracked headcount is 18,030.
| Name | Role | Group |
|---|---|---|
Kaan Terzioglu | CEO | Leadership |
Erwan Gelebart | Head of JazzCash | Leadership |
Kaan Terzioğlu | Co-CEO | Leadership |
Alexander Torbakhov | CEO, Russia | Leadership |
Oleg Dmitriev | Head Of Service Platforms Operations, HQ Russia | Leadership |
Oleg Bashura | Head Of Real Estate And Trade Marketing | Leadership |
Vera Mikhaydarova | Executive Assistant To CEO | Leadership |
Gunnar Holt | Chairman of the Board of Directors | Board & advisors |
Hans Holder Albrecht | Director | Board & advisors |
Yaroslav Glazunov | Director | Board & advisors |
Irene Shvakman | Director | Board & advisors |
Michiel Soeting | Director | Board & advisors |
Karen Linehan | Director | Board & advisors |
Morten Lundal | Director | Board & advisors |
Augie Fabela | Director | Board & advisors |
Dmitry B. Zimin | Founder and Honorary President | Board & advisors |
Svetlana Kirsanova | EVP, Retail Business | Team |
Lasha Tabidze | Group DO1400 Officer | Team |
Anand Ramachandran | Corporate Development Officer (eff 1 May) | Team |
Irfan Khan | Solutions Architect Digital Payments / Technical Project Manager / Scrum Master- Jazz CASH | Team |
1 more people are available in the full profile.
Complete people profiles for VEON
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IPO & Listings of VEON
VEON is a publicly listed company on the NASDAQ with ticker symbol VEON in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Apr 2017
- Listed onEuronext: VEON
- Listed entityVEON Ltd. Sponsored ADR
- Exchange sectorCommunications
- ISINUS91822M5022
- Share price$80.86 (+0.06% on the day) · 2026-10-13
- Market capitalisation$5.16B
- Price to earnings105.8
- EPS (diluted, trailing year)$0.76
- Volume (last session)201,617
Financials of VEON
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $4.47B | $541.1M | $1.86B |
| 2024 | $3.98B | $412.7M | $1.68B |
| 2023 | $3.72B | $1.22B | $1.62B |
| 2022 | $3.88B | $579.1M | $1.82B |
| 2021 | $3.84B | $672.6M | $1.83B |
Detailed financial statements for VEON
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Investments & Acquisitions by VEON
VEON has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include CDNvideo, DataFort and Golden Telecom.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
CDN solutions are provided for streaming, VOD, and website acceleration. | cdnvideo.com | Moscow, Russia | 2010 | Sep 2023 | •••• | |
IT consulting, cloud, data center, and security services are provided. | datafort.ru | Moscow, Russia | 2001 | Dec 2021 | •••• | |
Mobile telecommunication services are provided by Jazz in Pakistan. | jazz.com.pk | Islamabad, Pakistan | 1994 | Mar 2021 | •••• | |
Provider of cellular network telecommunication services | wind.it | Milan, Italy | 1997 | Mar 2011 | $6.6B | |
Mobile, fixed, internet, and international services are provided worldwide. | wind.com.do | Santo Domingo, Dominican Republic | 2005 | Oct 2010 | •••• | |
Integrated telecom and internet services provider | goldentelecom.ru | Moscow, Russia | 1999 | Dec 2007 | $4.3B | |
Mobile telecommunications services are provided in Russia's Irkutsk Region. | csk.ru | Irkutsk, Russia | 2000 | Aug 2007 | $232M | |
Integrated telecom and IPTV services are offered in Armenia. | beeline.am | Yerevan, Armenia | 1995 | Nov 2006 | $438.41M |
Complete acquisition details for VEON
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Timeline of VEON
13 dated milestones of VEON across 31 years, from founding to its latest funding, stage changes and deals.
- Founded VEON is founded.
- Exit Acquired by Philips.
- Acquisition Acquires Team.
- Acquisition Acquires Severnaya Korona.
- Acquisition Acquires Golden Telecom.
- Acquisition Acquires Wind Telecom.
- Acquisition Acquires Wind Tre.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.8B.
- Funding Latest funding round, Debt – Conventional, of $1.0B.
- Acquisition Acquires Jazz.
- Acquisition Acquires DataFort.
- Acquisition Acquires CDNvideo.
Web traffic of VEON
The website of VEON (veon.com) receives about 46.7K visits a month and ranks #644,530 among all websites worldwide, #3,519 in Telecommunications.
- Monthly visits46.7K
▼ 1.1% vs previous month
- Unique visitors20.1K
per month
- Global rank#644,530
among all websites
- Category rank#3,519
Computers Electronics and Technology · Telecommunications
- Bounce rate38%
- Pages per visit2.3
- Average visit29 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with VEON. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
beeline.uz | beeline.uz | 100% | #13,901 | – | |
| jazzcash.com.pk | 100% | #48,236 | View details | ||
phoneworld.com.pk | phoneworld.com.pk | 80% | #254,826 | – | |
| techjuice.pk | 80% | 85K | #460,528 | View details | |
| jazz.com.pk | 80% | 3.7M | #18,231 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for VEON
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Related news about Veon
Complete news archive for VEON
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Frequently Asked Questions about VEON
VEON was founded in 1992 and raised its 1st funding round 25 years after it was founded.
VEON is headquartered in Moscow, Russia.
Kaan Terzioglu is the CEO of VEON, as recorded in our data.
VEON has 18,030 employees.
Annual revenue of VEON is $4.47B as on Dec 31, 2025.
VEON was founded in 1992 in Moscow, Russia, and operates as a telecommunications provider. Services such as voice, fixed broadband, data, and related offerings are delivered across multiple regions. In 2021, annual revenues of 8.11 billion were achieved, with a net profit of 0.67 billion recorded. Leadership is provided by CEO Kaan Terzioglu, overseeing operations in the sector.
Yes, VEON is publicly traded on NASDAQ under the ticker symbol VEON.
VEON has made 8 acquisitions, including CDNvideo, DataFort, and Golden Telecom.
VEON has 2 investors. Key investors include Philips, and Sberbank CIB.
Yes. VEON was acquired by Philips in April 2001.