Dubai, August 13, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (āVEONā), announces that it has completed the sale of its 50.1% indirect stake in Sky Mobile LLC, operating under the Beeline brand in Kyrgyzstan, to Open Joint Stock Company āEldik Bankā (āEldik Bankā). The transaction was completed following receipt of all necessary regulatory approvals.
Related Questions
Will the sale lead to a reallocation of capital toward higherāgrowth markets or new initiatives?
How will the proceeds from the Beeline Kyrgyzstan sale affect VEON's balance sheet and cash flow?
What is the expected impact of this divestiture on VEON's upcoming earnings guidance?
How does the transaction price compare to the fair value of the Kyrgyzstan assets?
What are the tax implications of the sale for VEON and how will they impact net income?
Does the divestiture reduce VEON's exposure to regional regulatory or political risk?
How might the sale influence VEOR's valuation multiples relative to peers in the telecom sector?
Will the exit from Kyrgyzstan affect VEON's subscriber base growth trajectory and ARPU forecasts?
Are there any contingent considerations or earnāout provisions tied to the transaction that could affect future cash flows?
How will the market interpret this moveāas a strategic focus on core markets or a response to underperformance?
What is the anticipated reaction of institutional investors and analysts to this sale in terms of target price adjustments?