Tamasha

VEON launches ROX, its digital-first brand in Pakistan

Retrieved on: 
Tuesday, February 27, 2024

MWC24 Barcelona, 27 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, is launching ROX, a new mobile service brand to serve the digital natives of the country with an integrated lifestyle experience.

Key Points: 
  • MWC24 Barcelona, 27 February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, is launching ROX, a new mobile service brand to serve the digital natives of the country with an integrated lifestyle experience.
  • ROX is designed to appeal to the digital-first generation of Pakistan and provides a range of digital lifestyle services through a dedicated mobile app.
  • "In Pakistan, with 64% of the population under the age of 30, there is a significant demand for digital-first experiences.
  • In Uzbekistan, the OQ was launched in October 2023 and had already gained 177 thousand MAUs by December 31st.

VEON Hits a Six in Cricket Asia Cup 2023

Retrieved on: 
Friday, September 22, 2023

Amsterdam, 22nd September 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Tamasha, its leading digital entertainment service in Pakistan, served 14.4 million unique viewers with 2023 Cricket Asia Cup games - the highest-ever audience figures on a digital video platform for a sporting event in Pakistan.

Key Points: 
  • Amsterdam, 22nd September 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Tamasha, its leading digital entertainment service in Pakistan, served 14.4 million unique viewers with 2023 Cricket Asia Cup games - the highest-ever audience figures on a digital video platform for a sporting event in Pakistan.
  • The 2023 Asia Cup, one of cricket's most anticipated events, captured the hearts and screens of viewers across Pakistan.
  • Tamasha ranked as the number one downloaded app on both the Apple App Store and Google Play, during the Asia Cup as well as during the last six months.
  • VEON Group companies’ digital products and initiatives focus on entertainment, financial services, digital health and learning, among others.

VEON publishes 2Q23 trading update

Retrieved on: 
Thursday, August 3, 2023

In 2Q23, Group EBITDA decreased by 10.6% YoY in reported currency terms (+13.6% in local currency), with Group EBITDA margin of 45.3% (-3.2 p.p.

Key Points: 
  • In 2Q23, Group EBITDA decreased by 10.6% YoY in reported currency terms (+13.6% in local currency), with Group EBITDA margin of 45.3% (-3.2 p.p.
  • In 2Q23, Group capex was USD 171.4 million (-16.6% YoY) with capex intensity in for the last twelve months of 19.6% (-1.2p.p.
  • VEON publishes audited financial statements for year ended 31 December 2022.
  • According to the terms of the VEON Bonds, the registrar is required to cancel the VEON Bonds purchased by a subsidiary of VEON and surrendered to the registrar for cancellation.

VEON publishes 1Q23 trading update

Retrieved on: 
Thursday, May 4, 2023

In 1Q23, Group EBITDA decreased by 13.5% YoY in reported currency terms (+11.2% in local currency), with Group EBITDA margin of 43.6% (-2.5 p.p.

Key Points: 
  • In 1Q23, Group EBITDA decreased by 13.5% YoY in reported currency terms (+11.2% in local currency), with Group EBITDA margin of 43.6% (-2.5 p.p.
  • YoY).
  • On 26 April 2023, VEON announced that it has incorporated a dedicated AdTech company, wholly owned by the VEON Group, to offer digital marketing services supporting VEON Group companies in addressing the growing digital advertising opportunity in VEON markets.
  • With its headquarters in Tashkent, Uzbekistan, VEON AdTech will work with VEON’s digital operators and support the VEON Group in providing highly targeted digital marketing services based on machine-learning algorithms, building on VEON companies’ proximity to their customers.