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Iliad founder Niel buys Ukraine's third-largest mobile provider

Iliad founder Niel buys Ukraine's third-largest mobile provider By Gianluca Lo Nostro Sept 10 (Reuters) - A consortium of investors led by French billionaire Xavier Niel has closed the transaction to acquire and merge Ukrainian mobile operator Lifecell with service provider Datagroup-Volia, the investment firms involved in the deal said on Monday .
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Ukraine's Kyivstar to ramp up investments in energy resilience, CEO says

Ukraine's Kyivstar to ramp up investments in energy resilience, CEO says By Gianluca Lo Nostro and Stephanie Hamel Sept 5 (Reuters) - Ukraine's leading mobile operator Kyvistar will ramp up investments to improve its energy resilience amid Russia's escalated assault on the country's power grids, CEO Oleksandr Komarov told Reuters on Thursday. Ukraine has been grappling with a major energy deficit since Moscow renewed its assault on power grids and transmission lines last spring, causing daily bl
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Unilever Sept 5 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Capital in May 2023. Renault RENA
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Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says

Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says By Gianluca Lo Nostro and Olivier Sorgho Aug 13 (Reuters) - With Muhammad Yunus in charge, Bangladesh may see much-needed reforms and investment in its telecoms sector given the caretaker government leader's knowledge of the industry, according to one of the country's leading mobile operators.
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VEON Maintains FY 2024 Guidance

BRIEF-VEON Maintains FY 2024 Guidance Aug 8 (Reuters) - VEON Ltd VON.AS : DOUBLE-DIGIT USD GROWTH, ROBUST OPERATIONAL EXECUTION, CONFIRMING FULL YEAR GUIDANCE MAINTAINING FY 2024 REVENUE GROWTH GUIDANCE IN LOCAL CURRENCY OF 16-18%, FY EBITDA GROWTH GUIDANCE IN LOCAL CURRENCY OF 18-20% TOTAL CASH AND CASH EQUIVALENTS OF $722 MILLION FY GUIDANCE CAPE
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Telecoms group Veon seeks growth and diversification

UPDATE 3-Telecoms group Veon seeks growth and diversification Recasts with CEO comments, adds quotes in paragraphs 5 and 6 By Gianluca Lo Nostro and Olivier Sorgho Aug 8 (Reuters) - Amsterdam-listed telecom group Veon VON.AS is looking for growth opportunities and may make select acquisitions as it seeks to further diversify beyond telecoms, its CEO told Reuters on Thursday after the company posted higher quarterly earnings.
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Veon plans to de-list from Amsterdam but remain in New York

CORRECTED-UPDATE 1-Veon plans to de-list from Amsterdam but remain in New York Corrects paragraph 2 to show listing is on Nasdaq, not New York Stock Exchange By Gianluca Lo Nostro and Olivier Sorgho Aug 1 (Reuters) - Dutch telecoms firm Veon VON.AS , the owner of Ukraine's biggest mobile operator Kyivstar, plans to de-list its shares from Euronext Amsterdam and be solely listed on Nasdaq to simplify its financial reporting, it said on Thursday.
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Veon to de-list from Amsterdam but remain in New York

Veon to de-list from Amsterdam but remain in New York Aug 1 (Reuters) - Dutch telecom company Veon VON.AS , the owner of Ukraine's biggest mobile operator Kyivstar, intends to de-list its shares from Euronext Amsterdam and be solely listed in New York, it said on Thursday. Veon currently has a dual listing, on Euronext Amsterdam and the New York Stock Exchange.
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Ukraine's stressed mobile providers prepare for more and longer power cuts

Ukraine's stressed mobile providers prepare for more and longer power cuts Operators snap up generators and batteries to maintain coverage President orders review of mobile providers' activities Operators advise clients to limit mobile usage during blackouts By Olena Harmash KYIV, July 26 (Reuters) - When Russia attacks Ukraine's energy system, it not only knocks out electricity and running water - but also, often, phone signals.
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Veon’s Says Secures Long-Term Private Sector Syndicated Credit Facility In Pakistan Of Up $270 Mln

BRIEF-Veon’s Says Secures Long-Term Private Sector Syndicated Credit Facility In Pakistan Of Up $270 Mln July 22 (Reuters) - VEON Ltd VON.AS : VEON’S JAZZ SECURES PAKISTAN’S LARGEST LONG-TERM PRIVATE SECTOR SYNDICATED CREDIT FACILITY OF UP TO PKR 75 BILLION Source text for Eikon: ID:nGNE5ssl3N Further company coverage: VON.AS
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Veon Receives Licence From U.S. Treasury’S Ofac, Amends 2025 & 2027 Notes

BRIEF-Veon Receives Licence From U.S. Treasury’S Ofac, Amends 2025 & 2027 Notes July 9 (Reuters) - VEON Ltd VON.AS : VEON RECEIVES LICENCE FROM U.S. TREASURY’S OFAC, AMENDS 2025 AND 2027 NOTES VEON LTD - WITH THESE AMENDMENTS, VEON NOW SUCCESSFULLY CONCLUDES CONSENT SOLICITATION PROCESS LAUNCHED IN APRIL 2024 VEON LTD - ALSO SETTLED RESIDUAL DE
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Veon Granted Extension By Nasdaq For 20-F Filing

BRIEF-Veon Granted Extension By Nasdaq For 20-F Filing July 9 (Reuters) - VEON Ltd VON.AS : VEON GRANTED EXTENSION BY NASDAQ FOR 20-F FILING CONTINUES TO WORK DILIGENTLY TOGETHER WITH UHY IN ORDER TO COMPLETE AND FILE ITS 2023 20-F IN Q4 OF 2024 Source text for Eikon: ID:nGNE7QvFrn Further company coverage: VON.AS (Gdansk Newsroom)
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Veon Receives Licence To Amend 2025 And 2027 Notes

BRIEF-Veon Receives Licence To Amend 2025 And 2027 Notes July 9 (Reuters) - VEON Ltd VON.AS : VEON RECEIVES LICENCE FROM U.S. TREASURY’S OFAC, AMENDS 2025 AND 2027 NOTES VEON HOLDINGS WILL NO LONGER BE REQUIRED TO MAKE PRINCIPAL OR INTEREST PAYMENTS UNDER THE ORIGINAL NOTES ORIGINAL NOTES ARE EFFECTIVELY ECONOMICALLY CANCELLED Source text for Wor
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