VEON (ADR) (VEON)
Runs telecom networks and digital platforms across five frontier markets.
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Sells mobile voice and data, fixed broadband, and internet services through Jazz, Kyivstar, Banglalink, and Beeline. Digital financial services, content, ride-hailing, healthcare, cloud computing, and other value-added offerings supplement connectivity across its five-market footprint.
Operates mobile voice and data, fixed broadband, and internet services through Jazz, Kyivstar, Banglalink, and Beeline. Connectivity and infrastructure services can be sold separately or in bundles.
Digital financial services, content streaming, ride-hailing, digital healthcare, cloud computing, and other value-added services extend the telecom offer. The current portfolio spans Pakistan, Ukraine, Bangladesh, Kazakhstan, and Uzbekistan after the completed exit from Russia.
Execution is tied to local telecom regulation, network resilience, and conditions in each operating market. Its footprint includes Ukraine, where Kyivstar experienced a widespread external cyberattack that disrupted services.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 9, 2026 | Northland Securities | Target | Target: — | Target: $70 |
| Apr 16, 2026 | Redburn Partners | Target | Target: — | Target: $74 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.69B · Total debt $5.85B · Total assets $10.27B · Shareholders' equity $1.51B
- Revenue
- $1.27B
- Operating income
- $327.0M
- Net income
- $122.0M
No dividends on record.
| Institutions | ≈ 21.43% | 15.85M ADS | |
|---|---|---|---|
| 116 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 2.65% | 1.96M ADS | |
| 8 holders · as of Aug 10, 2026 | |||
| Other | ≈ 75.92% | 56.16M ADS | |
| remainder | |||
73.97M ADS (1 ADS = 25 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Exor Capital LLPInstitution | 7.12% | 5.27M ADS | as of Jun 30, 2026 |
Shah Capital ManagementInstitution | 6.31% | 4.67M ADS | as of Jun 30, 2026 |
Solus Alternative Asset Management LPInstitution | 1.20% | 887,002 ADS | as of Jun 30, 2026 |
Muhterem Kaan TerziogluInsiderdirector, officer: Chief Executive Officer | 1.14% | 842,656 ADS | filed Jun 1, 2026 |
Wellington Management Group LLPInstitution | 1.05% | 779,077 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Augie K. II Fabela | director | +5,000 | $56.02 |
| Aug 6, 2026 | Augie K. II Fabela | director | +15,000 | $56.00 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| VEON (ADR) | $69.63 | −0.06% | $4.82B | 108.9 | — | 1.0 | +16.9% |
| GreenPower Motor | $0.8035 | −0.97% | $2.5M | 2.1 | — | 0.2 | −71.7% |
| PTC | $134.60 | −0.50% | $15.63B | 13.1 | 15.9 | 5.3 | −6.8% |
| Median | 7.6 | 15.9 | 2.7 | −39.2% |