VEON completed the sale of 45.57% of its subsidiary Omnium Telecom Algérie to the Algerian national investment fund Fonds National d'Investissement. The company owns the mobile operator Djezzy. The transaction amounted to $682 million.

VEON intends to optimize its assets in those markets that do not meet the criteria in which the company wants to develop, said Kaan Terzioglu, CEO of the company. Among the criteria are: a large population, low level of 4G network penetration and financial, entertainment and educational services. Kaan Terzioglu did not specify which markets he was referring...

VEON's IFRS net income for 6 months of 2022 was $87 million, down 67.2% from $265 million in the previous year. Revenue increased by 2.7% to $3.831 billion compared to $3.731 billion a year earlier.

Operator Beeline has launched the service Virtual Secretary, which can send a transcript of the Telegram conversation and protect subscribers from spam. The service can also take a call in case the subscriber can't answer. There are five virtual secretaries to choose from: Nika, Sergey, Skye, Daria and Krosh from the animated series Smeshariki. The service c...