About VEON
VEON is a company based in Moscow (Russia) founded in 1992 was acquired by Philips in April 2001. The company has 18,030 employees as of December 31, 2024. VEON has completed 8 acquisitions, including CDNvideo, DataFort and Golden Telecom. VEON operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Moscow, Russia
- Employees 18030 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Veon Ltd. Sponsored Adr
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Annual Revenue
$4 B (USD)8.27as on Dec 31, 2024
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Net Profit
$415 M (USD)-65.93as on Dec 31, 2024
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EBITDA
$1.69 B (USD)4.9as on Dec 31, 2024
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Latest Funding Round
$1 B (USD), Debt – Conventional
Sep 25, 2019
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Investors
Philips
& 1 more
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Employee Count
18030
as on Dec 31, 2024
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Investments & Acquisitions
CDNvideo
& 7 more
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Acquired by
Philips
(Apr 24, 2001)
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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.
People of VEON
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Funding Insights of VEON
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 |
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Operates as a diversified lending non-banking financial institution.
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Locked | Locked | Locked | |
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Diversified products are provided across health, lighting, and consumer sectors.
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Locked | Locked | Locked |
Investor details for VEON
Investor domains, locations, round participation, and complete history require an active premium plan.
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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.
Investment portfolio details for VEON
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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CDN solutions are provided for streaming, VOD, and website acceleration.
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Locked | Locked | 2010 | Locked | |
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Mobile, fixed, internet, and international services are provided worldwide.
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Locked | Locked | 2005 | Locked | |
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IT consulting, cloud, data center, and security services are provided.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for VEON
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - VEON
Detailed financials for VEON
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Veon Comparisons
Peer comparison for VEON
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of VEON
VEON operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Provider of telecommunication services
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Airtel is recognized as a provider of telecommunications and internet services.
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| Locked | Locked | Locked |
Provider of integrated telecommunication services
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| Locked | Locked | Locked |
Mobile internet services are provided for homes and offices.
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| Locked | Locked | Locked |
Integrated telecom service provider
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Detailed competitors of VEON
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Veon
Complete news archive for VEON
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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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 current CEO of VEON.
As of Dec 31, 2024, the latest employee count at VEON is 18,030.
Annual revenue of VEON is $4B as on Dec 31, 2024.
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.
The ticker symbol of VEON is VEON on NASDAQ.