VEON - stevehemingway/trading GitHub Wiki
tags: [potential/long, analyst/nutstuff, thesis/value] ...
Not easy to trade. A pick of William Nutt (Nutstuff).
"VimpelCom" redirects here. For the Russian company founded in 1992, see PJSC VimpelCom. VEONVEON logo.svg Formerly VimpelCom Ltd. (2009–2017) Type Limited company Traded as Nasdaq: VEON Euronext: VEON Industry Telecommunications Predecessor PJSC VimpelCom and Kyivstar Founded 2009; 14 years ago Founder Dmitry Zimin Augie K. Fabela Headquarters Amsterdam , Netherlands Area served Africa, Asia, Europe Key people Gennady Gazin (chairman) Kaan Terzioğlu and Sergi Herrero (co-CEOs) Products Mobile telephony, mobile phones retailing, international telephony, broadband Internet, IPTV, city-wide Wi-Fi, domain name registrar and others Revenue IncreaseUS$ 9.78 billion (2016) [1] Total assets IncreaseUS$ 33.85 billion (2016)[2] Owners Altimo (56.2%) Telenor (9.0%) Number of employees 66,000 Subsidiaries PJSC VimpelCom KB Impuls Kyivstar Banglalink Jazz SLTMobitel (44.98%) Global Telecom Holding Website www.veon.com
VEON Ltd. (formerly VimpelCom Ltd.) is a Dutch-domiciled multinational telecommunication services company. It predominantly operates services in the regions of Asia, Africa and Europe. It is the 13th largest mobile network operator in the world by number of subscribers [3] The company operates in eight markets including Bangladesh, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Ukraine and Uzbekistan. VEON's brands include Beeline, Kyivstar, Jazz Pakistan, Banglalink and others. History Main articles: PJSC VimpelCom and Beeline (brand) Dmitry Zimin, co-founder and honorary president
Russian PJSC VimpelCom was founded in 1992 in Moscow when VimpelCom's co-founders, Russian Dmitry Zimin[4] and American Augie K. Fabela II came together to pioneer a new direction in the Russian mobile industry - their company was one of the first mobile carriers in Russia.[5] Augie Fabela, who was then a young entrepreneur from the United States, and Zimin, who was a Russian scientist in his fifties, together launched the Beeline brand in 1993. Its name derives from вымпел, the Russian word for pennon. Stock Exchange Listing The old logo of OJSC VimpelCom during NYSE listing in 1996-2010
VEON is listed on Nasdaq in New York and Euronext in Amsterdam. The company has thousands of shareholders from around the: world. Company History See also: Kyivstar Alexander Izosimov was the CEO of VimpelCom Ltd. until May 2011
VimpelCom Ltd. holding company was founded in 2009. In 2009, Telenor and Alfa agreed to merge their assets in VimpelCom and Kyivstar (Ukraine's number one wireless operator) with the aim of creating VimpelCom Ltd. (incorporated in Bermuda).[6]
In October 2010, the united company acquired from Naguib Sawiris two assets:[citation needed]
Orascom Telecom Holding S.A.E., the largest mobile phone company in North Africa; Wind, the third largest mobile phone company in Italy.
As of 31 December 2011, the company had 205 million customers across 20 countries.[7] After several divestments and a business transformation, by summer 2017, VEON had a combined subscriber base of more than 200 million across 12 markets.[8]
The company announced that it would switch the listing of its ADS shares from the NYSE to the NASDAQ with trading beginning on 10 September 2013.[9]
In February 2015, the government of Algeria acquired a 51% stake in Djezzy for US$2.6 billion.[10]
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