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VEON Ltd (VEON.OQ)

VEON.OQ on NASDAQ Stock Exchange Global Select Market

2.78USD
17 Aug 2018
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Fri, Aug 10 2018

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Hutchison offers concessions to ease EU concerns about Wind Tre deal

BRUSSELS CK Hutchison has offered concessions to address EU antitrust concerns about its 2.45-billion-euro ($2.8 billion) buyout of its partner Veon's stake in Italian mobile operator Wind Tre, the European Commission said on Friday.

Hutchison offers concessions to ease EU concerns about Wind Tre deal

BRUSSELS, Aug 10 CK Hutchison has offered concessions to address EU antitrust concerns about its 2.45-billion-euro ($2.8 billion) buyout of its partner Veon's stake in Italian mobile operator Wind Tre, the European Commission said on Friday.

Veon cuts management in return to traditional telecoms model

AMSTERDAM Veon, the mobile phone operator formerly known as VimpelCom, said it would cut management jobs and simplify its structure as it goes back to basics with a focus on telecom services in emerging markets.

UPDATE 1-Veon cuts management in return to traditional telecoms model

AMSTERDAM, July 19 Veon, the mobile phone operator formerly known as VimpelCom, said it would cut management jobs and simplify its structure as it goes back to basics with a focus on telecom services in emerging markets.

Veon cuts management in return to traditional telecoms model

AMSTERDAM, July 19 Veon, the mobile phone operator formerly known as VimpelCom, said it would cut management jobs and simplify its structure as part of a retreat to a more traditional telecoms business model.

Veon exits Western Europe with debt-reducing Wind Tre sale

AMSTERDAM/HONG KONG Veon will sell out of Italian mobile network Wind Tre for 2.45 billion euros ($2.85 billion) in an exit from Western Europe the Amsterdam-based firm says will help it cut debt and focus on emerging markets.

UPDATE 3-Veon exits Western Europe with debt-reducing Wind Tre sale

* Veon shares up 17 pct (Releads, adds debt detail, Breakingviews link, updates shares)

RPT-UPDATE 1-Veon sells stake in Wind Tre for $2.8 bln to reduce debt

AMSTERDAM/HONG KONG July 3 Mobile telecommunications company Veon on Tuesday said it will sell its stake in Italian operator Wind Tre to partner CK Hutchison for 2.45 billion euros ($2.85 billion), in an effort to significantly reduce its debt level.

REFILE-Veon sells stake in Wind Tre for $2.8 bln to reduce debt

AMSTERDAM, July 3 Mobile telecommunications company Veon on Tuesday said it will sell its stake in Italian operator Wind Tre to partner CK Hutchison for 2.45 billion euros ($2.85 billion), in an effort to significantly reduce its debt level.

Veon expects Russia business to slow in coming quarters

ST PETERSBURG, May 25 Emerging markets telecoms operator Veon expects its business in Russia, its biggest market, to slow in coming quarters as the Russian economy is struggling to gain momentum.

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