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Tag: veon
Veon sells Russian tower assets for USD 970 mln
2021-09-06 09:40:00| Telecompaper Headlines
(Telecompaper) The Veon Group said it has agreed to sell its mobile network towers in Russia to Service-Telecom for a total of RUB 70.65 billion (USD 970 million)...
Tags: russian
usd
assets
tower
Veon raises almost $1bn in Russian tower sale
2021-09-06 02:00:00| Total Telecom industry news
Today, global connectivity player Veon has signed a new agreement to offload the entirety of their Russian mobile tower portfolio to infrastructure specialist Service-Telecom. The deal, valued at around $970 million, will see Service-Telecom gain full ownership of Veon’s Russian tower unit NTC, comprising around 15,400 mobile towers across the country. This move builds on Service-Telecom&rsquo…read more on TotalTele.com »
Tags: sale
russian
tower
raises
Veon Group raises FY guidance after Q2 revenue grows over 9%
2021-08-31 14:05:00| Telecompaper Headlines
(Telecompaper) The Veon Group said revenues totaled USD 2.065 billion in the second quarter, up 9.2 percent from the year before on a reported basis...
Tags: over
group
revenue
guidance
Veon to exit Algerian market with disposal of Djezzy stake
2021-07-01 16:49:00| Telecompaper Headlines
(Telecompaper) Telecom group Veon announced that it has sold its entire stake in mobile operator Djezzy to Algeria's state-owned national investment fund FNI (Fonds National d'Investissement)...
Tags: market
exit
disposal
stake
Veon returns to organic revenue growth in Q4, targets further increase in 2021
2021-02-18 09:19:00| Telecompaper Headlines
(Telecompaper) Veon reported a return to organic revenue and EBITDA growth in Q4 and said it targets a further increase in 2021...
Tags: in
increase
returns
growth