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AMSTERDAM, Could 10, 2022 VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a worldwide digital operator that gives cellular connectivity and providers, publicizes at present that it’s to advise and supply digitalisation providers to the Uzbekistan Authorities in the course of the nation’s accession to the World Commerce Group (WTO).
In a gathering with Laziz Kudratov, the First Deputy Minister of Investments and International Commerce of the Republic of Uzbekistan, VEON CEO, Kaan Terzioglu reiterated VEON’s dedication to aiding the digitalisation of Uzbekistan. VEON Group, which operates in 9 international locations and offers providers to almost 220 subscribers, has been serving Uzbekistan by its working firm Beeline since 2006. Beeline, Uzbekistan’s main Digital Operator, will actively take part within the implementation of the Digital Uzbekistan-2030 programme and, over the subsequent 5 years intends to extend the quantity of investments within the nation’s economic system by $250 million.
The success of Uzbekistan’s WTO software can be influenced by the digitalisation of the economic system of Uzbekistan, which is striving to turn into one of many technological leaders in Central Asia.
“For the world neighborhood, what’s vital is just not solely the overall state of the nation’s economic system, however how the extent of know-how growth in Uzbekistan has elevated,” mentioned Kaan Terzioglu, CEO, VEON. “By investing within the infrastructure of VEON’s cellular operator, Beeline Uzbekistan, we’re striving to make digital providers obtainable to residents and companies all through the nation, which can little doubt be a further benefit for Uzbekistan’s WTO software.”
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed world supplier of connectivity and digital providers serving 9 international locations, which collectively are house to 9% of the world’s inhabitants. Our firms are remodeling life by technology-driven providers that empower alternative in a few of the world’s fastest-growing rising markets.
For extra info, go to: https://www.veon.com
Disclaimer
This launch comprises “forward-looking statements”, because the phrase is outlined in Part 27A of the U.S. Securities Act of 1933, as amended, and Part 21E of the U.S. Securities Alternate Act of 1934, as amended. Ahead-looking statements are usually not historic information, and embody statements referring to, amongst different issues, VEON’s help within the digitalization of Uzbekistan. Ahead-looking statements are inherently topic to dangers and uncertainties, lots of which VEON can’t predict with accuracy and a few of which VEON won’t even anticipate. The forward-looking statements contained on this launch communicate solely as of the date of this launch. VEON doesn’t undertake to publicly replace, besides as required by U.S. federal securities legal guidelines, any forward-looking assertion to replicate occasions or circumstances after such dates or to replicate the prevalence of unanticipated occasions.
Contact Data
VEON Group
Group Communications Director
Marina Levina
Marina.levina@veon.com
TUVA Companions
Julian Tanner
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M +44 7900 205 460
View authentic content material:https://www.prnewswire.com/news-releases/veon-investment-to-accelerate-the-digitalisation-of-uzbekistan-301543867.html
SOURCE VEON Ltd
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