VEON is a publicly owned company headquartered in UAE, with approximately 12,750 employees. The company operates as a global digital operator, specializing in telecoms by providing converged connectivity and digital services across seven countries.
On July 9, 2026, VEON announced a Memorandum of Understanding with Ukraine’s Ministry of Economy, via its Kyivstar subsidiary, for an AI-ready sovereign data center. The company also disclosed a collaboration with Mastercard to pilot AI-enabled embedded financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan for potential wider rollout. This follows an earlier partnership announced on July 7, where VEON and Mastercard teamed up to expand digital financial services access in these regions, integrating mobile connectivity, payments technology, and data-driven capabilities to foster financial inclusion. VEON Group Chief Executive Officer Kaan Terzioglu stated that access to financial services provides a foundation for a better life. Earlier on July 7, VEON confirmed it would release its financial and operating results for the second quarter and first-half ended June 30, 2026, on July 31, 2026.
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