VEON reports strong Q3 revenue growth of 9.8%, driven by a sharp rise in digital revenue.

VEON reported a strong third quarter with a 9.8% increase in total revenue to $1,038 million, driven by a 35.1% rise in digital revenue to $121 million. Infrastructure revenue grew by 7.2% to $916 million. EBITDA saw a 1.5% decrease in reported currency but a 3.5% increase in local currency. The company expects full-year revenue growth of 8%-10% and EBITDA growth of 4%-6% in USD terms.

November 14, 2024
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