VEON Ltd. (VEON) News
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Latest VEON News From Around the Web
Below are the latest news stories about VEON Ltd that investors may wish to consider to help them evaluate VEON as an investment opportunity.
Sergi Herrero co-CEO of VEON, explores how the COVID-19 pandemic has triggered the acceleration of cashless payments, and how that has posed a challenge to the world's unbanked population. In "A Look Forward: What Executives Wish for America and the World in 2021," Herrero discusses how his firm's community-based digital literacy and entrepreneurship programs are […]
Over the past three months, shares of VEON (NASDAQ: VEON) moved higher by 30.40%. Before having a look at the importance of debt, let us look at how much debt VEON has.VEON's Debt Based on VEON's balance sheet as of April 3, 2017, long-term debt is at $8.07 billion and current debt is at $3.05 billion, amounting to $11.12 billion in total debt. Adjusted for $2.94 billion in cash-equivalents, the company's net debt is at $8.17 billion.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash...
VEON's subsidiaries in Ukraine and Kazakhstan sign bilateral long-term loan agreements in local currencies for around USD 170 million
VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces that its operating company in Ukraine, Kyivstar, has signed three bilateral unsecured loan agreements with Raiffeisen Bank Aval Joint Stock Company ("Raiffeisen"), Joint Stock Company Alfa-Bank ("Alfa-Bank") and Joint Stock Company OTP Bank ("OTP"), for an aggregate amount of UAH 4.1 billion (approximately USD 145 million). The loan agreement with Raiffeisen has a 5-year term, and the loan agreements with Alfa-Bank and OTP have a 3-year term.
VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announced that Mariano de Beer is stepping down as a director of the VEON Board of Directors (the "Board"), effective 21st December 2020. Mr. de Beer, who also chaired VEON's Digital Committee, will be focusing on other commitments.
“From broadband to broadleaf”, Virgin Media Ireland’s new initiative will see 50,000 trees planted. The broadband, cable and television group has today (Friday, December 11), announced its commitment to climate action by starting the planting of these trees, which is expected to be completed early next year. It has partnered with forest management experts VEON to […] The post ‘From broadband to broadleaf’: New initiative to see 50,000 trees planted appeared first on Agriland.ie .
VIP Finance Ireland Limited -- Moody's announces completion of a periodic review of ratings of VEON Ltd.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of VEON Ltd. London, 11 December 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of VEON Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, has promoted Joop Brakenhoff to the newly established position of Group Chief Internal Audit & Compliance Officer, reporting directly to VEON's co-CEOs, Kaan Terzioğlu and Sergi Herrero, and to the Audit Committee Chairman. Prior to this, and since January 2019, Mr. Brakenhoff was the company's Head of Internal Audit.
VEON Ltd. (NASDAQ:VEON) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totalling 12,820,000 shares, an increase of 60.0% from the October 15th total of 8,010,000 shares. Based on an average daily volume of 4,510,000 shares, the days-to-cover ratio is presently […]
Veon Plus LLC, the owner of Radisson Blu Hotel in Podil in Kyiv, received UAH 50.9 million of net loss in January-September 2020 against a profit of UAH