VEON and Kyivstar increase Ukraine investment commitment to USD 1 billion, attend Ukraine Recovery Conference in Berlin

June 10, 2024

https://www.globenewswire.com/news-release/2024/06/10/2895805/0/en/VEON-and-Kyivstar-increase-Ukraine-investment-commitment-to-USD-1-billion-attend-Ukraine-Recovery-Conference-in-Berlin.html

Berlin and Kyiv, 10 June 2024: VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine’s digital infrastructure to USD 1 billion over the five-year period from 2023 through 2027. This is an increase from the previously announced USD 600 million investment commitment for the three-year period between. The commitment will fund investments into network and digital services, including potential acquisitions or the development of new assets, social contributions and partnerships.

Read more at globenewswire.com

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