VEON’s Kyivstar Awarded “Best Mobile Innovation Supporting Emergency or Humanitarian Situations” at GLOMOs
29 February 2024 - 10:15PM
UK Regulatory
VEON’s Kyivstar Awarded “Best Mobile Innovation Supporting
Emergency or Humanitarian Situations” at GLOMOs
Barcelona, 29th February 2024: VEON
Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global
digital operator that provides converged connectivity and online
services, today announces that Kyivstar, its wholly-owned operator
in Ukraine, has received the GSMA’s Global Mobile Award – the GLOMO
– for “Best Mobile Innovation Supporting Emergency or Humanitarian
Situations” for its Network Resilience Project.
Kyivstar CTO Volodymyr Lutchenko accepted the award in a
ceremony organized as a part of the MWC24, Mobile World Congress in
Barcelona. The GLOMO Award recognises the enduring and exemplary
work of Kyivstar in keeping Ukraine connected, investing heavily in
its network and digital services throughout the war, and overcoming
significant challenges to support Ukraine’s resilience.
In his acceptance speech, Lutchenko acknowledged the work of the
Ukrainian telecommunications industry, noting that “This is an
award not just for Kyivstar, but for all Ukrainian telecom
operators.”
VEON commends all nominees in this year’s GLOMO awards, as well
as the broader mobile industry for their work addressing
humanitarian challenges, and helping communities overcome
emergencies. “It is an honour to be recognized with a GLOMO for the
Kyivstar team’s tremendous work in providing a lifeline to Ukraine.
Our connectivity and digital services are essential to communities
going through humanitarian crises and emergencies – and we feel
privileged to be part of an industry that rises to the challenge.”
said Kaan Terzioglu, VEON Group CEO.
Kyivstar is the largest telecoms operator in Ukraine with 24
million mobile subscribers and over 1.1 million home internet
subscribers. As Ukraine’s market-leading operator, the company
maintained network availability above 90% level on average
throughout the past two years, supporting the connectivity of not
only its own customers but also the broader Ukrainian
population.
Kyivstar is 100% owned by the international VEON Group. VEON and
Kyivstar have committed 600m USD in investments over the next three
years to support Ukraine’s reconstruction and recovery.
About VEON
VEON is a digital operator that provides converged connectivity and
digital services to nearly 160 million customers. Operating
across six countries that are home to more than 7% of the world’s
population, VEON is transforming lives through technology-driven
services that empower individuals and drive economic growth.
Headquartered in Amsterdam, VEON is listed on NASDAQ and
Euronext.
For more information visit: https://www.veon.com.
Disclaimer
This release contains “forward-looking statements,” as the phrase
is defined in Section 27A of the U.S. Securities Act of 1933, as
amended, and Section 21E of the U.S. Securities Exchange Act of
1934, as amended. Forward-looking statements are not historical
facts, and include statements relating to, among other things,
VEON’s investment and commercial plans. Forward-looking statements
are inherently subject to risks and uncertainties, many of which
VEON cannot predict with accuracy and some of which VEON might not
even anticipate. The forward-looking statements contained in this
release speak only as of the date of this release. VEON does not
undertake to publicly update, except as required by U.S. federal
securities laws, any forward-looking statement to reflect events or
circumstances after such dates or to reflect the occurrence of
unanticipated events.
Contact Information
VEON
Hande Asik
Group Director of Communication
pr@veon.com
TUVA Partners
Julian Tanner
julian.tanner@tuvapartners.com
- Kyivstar CTO, Volodymyr Lutchenko accepts the GLOMO award
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