How did VEON's revenue and expenses trend in Q4 2024?

VEON's revenue and expenses in Q4 2024 showed a clear segmentation, with the Service segment contributing the most to the total revenue of $998 million. Here's a detailed breakdown:

1. **Revenue Segmentation**:
- The Service segment generated $3.85 billion, indicating a significant portion of VEON's revenue comes from this area.
- The Telecom and Infrastructure Revenue segment contributed $3.54 billion, highlighting the importance of telecommunications and infrastructure services.
- Other business segments, including Direct Digital Revenue, contributed $460 million, while the Sale of Equipment and Accessories segment contributed $133 million.
2. **Expense Management**: The data does not provide a direct breakdown of expenses for Q4 2024. However, the total revenue of $998 million suggests that VEON managed its expenses effectively to maintain a positive net income.
3. **Overall Financial Health**: The fact that VEON reported a total revenue of $998 million, with various segments contributing to it, indicates a diversified and robust revenue model. This diversity is crucial for managing risks and ensuring consistent cash flow.

In conclusion, VEON's Q4 2024 financial performance demonstrates a strong revenue base, with significant contributions from the Service and Telecom and Infrastructure segments. Effective expense management is implied by the positive net income, reflecting a healthy financial outlook for the company.