VEON Ltd (VEON.OQ)
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.
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.
* Veon shares up 17 pct (Releads, adds debt detail, Breakingviews link, updates shares)
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.
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.
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.
AMSTERDAM, May 14 Veon, the Dutch-based operator of telecommunications companies, on Monday reported a wider loss for the first quarter, even as core operations in its biggest market, Russia, improved.
April 9 Mobile telecommunications company Veon Ltd :
* ANNOUNCES WITHDRAWAL OF MANDATORY TENDER OFFER IN RELATION TO GLOBAL TELECOM HOLDING S.A.E.
* SAYS URSULA BURNS WILL BECOME EXECUTIVE CHAIRMAN ON AN INTERIM BASIS OF VEON LTD (NOT OF DIAGEO)