VEON Ltd. Special Call: Anand Ramachandran's Keynote Presentation

VEON Ltd. is hosting a special call. The presentation will be given by Anand Ramachandran, an executive at the company. The call is expected to have around 40 attendees via Zoom. The presentation will likely cover various aspects of the company's performance and operations.

Veon Ltd. (NASDAQ: VEON), a Dubai-based telecommunications and digital services company, has reported impressive financial performance in the first two quarters of 2025. The company, which provides internet connections to developing countries in the Middle East, Central Asia, and Eastern Europe, generated $2.1 billion in revenue, representing a 7.3% year-over-year (YoY) increase [2]. This growth was primarily driven by strong performance in Pakistan, Ukraine, and Kazakhstan, which contributed 37.0%, 25.7%, and 18.4% of the total revenue, respectively.

Veon's profitability also surged, with profits more than quadrupling to $726 million during the first half of 2025. This impressive figure, when annualized, would give the company a low price-to-earnings (P/E) ratio of just 2.8, indicating significant undervaluation [2]. The majority of this profit growth was attributed to the sale of subsidiaries, including the Beeline Kyrgyzstan subsidiary, which netted $497 million [2]. Even after excluding the income from these disposals, Veon's YoY profit growth was a robust 37.1%.

The company's ability to successfully sell off its Kyrgyzstan subsidiary and continue operating in unstable regions demonstrates its resilience and strategic flexibility. Veon's operations in Pakistan, which account for the largest portion of its revenue, are expected to continue growing due to the country's significant population and the increasing demand for internet access. With a population forecasted to reach 500 million by the end of the century, Pakistan presents a substantial growth opportunity for Veon [2].

Veon's operations in Ukraine, the second-largest component of its business, also show potential for future expansion. Despite the ongoing war and political instability, the company's EBITDA margins in Ukraine are strong, indicating robust profitability. The company's presence in Ukraine is likely to stagnate rather than shrink after the war, assuming western nations provide aid to help rebuild the country's connectivity infrastructure [2].

Veon's operations in developing countries expose the company to government instability risks. However, the company's ability to function normally despite geopolitical events and its massive customer base of over 73 million users indicate that it is well-positioned to withstand potential disruptions [2].

In conclusion, Veon Ltd. has reported strong financial performance in Q1 2025, driven by robust revenue growth and improved profitability. The company's strategic flexibility and resilience in unstable regions, along with significant growth opportunities in Pakistan and Ukraine, position it well for future success.

References:
[1] https://seekingalpha.com/article/4816772-veon-ltd-increasing-profits-and-limited-risk?source=affiliate_program:stockanalysis.com&utm_medium=affiliate&utm_source=stockanalysis.com&affid=858&oid=16&transaction=c0b491207ee7401ebe2f53928eb70173
[2] https://seekingalpha.com/article/4816772-veon-ltd-increasing-profits-and-limited-risk