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Veon growth improves in Q2, organic revenue up 3.7%

2017-08-03 07:45:00| Telecompaper Headlines

(Telecompaper) Veon reported an improvement in growth rates in the second quarter, with revenue accelerating to 12.3 percent annual growth to USD 2.5 billion. Organic growth was 3.7 percent, and the company also benefited positive currency effects and the takeover of Warid in Pakistan last year. Veon said sales were up in Russia, Pakistan, Ukraine and Uzbekistan, offsetting continued weakness in Algeria.

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