VEON 2Q25 Earnings Release: Direct Digital Revenues Up 57% YoY. Solid Execution, Strong Results

How might this earnings beat influence institutional and retail investor sentiment toward VEON? What macro or regional factors could influence VEON's ability to sustain this growth trajectory? How does VEON's Q2 performance compare to its peers in the telecom and digital services sector? Will the earnings beat or miss consensus estimates, and what are the implications for analyst revisions? How will the strong Q2 results affect VEON's stock price in the short term? What is the expected impact of the 57% YoY increase in Direct Digital revenues on VEON's future earnings guidance? What are the key drivers behind the solid execution and strong results reported for Q2 2025? What is the outlook for VEON's Direct Digital revenue growth in the coming quarters and FY2025? Is there any guidance provided for Q3 2025 or the full year, and how does it align with market expectations? Are there any changes in VEON's capital allocation or dividend policy following this earnings release?