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Stock impact report

VEON sets out strategy and capital allocation framework, updated financial guidance and future dividend policy

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: PR Newswire
AMSTERDAM, Sept. 3, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON) has today set out its future strategy and capital allocation framework, including a commitment to boost long-term growth beyond traditional connectivity services. VEON's long-term vision is a communications and digital services provider that empowers customer ambitions by acting as a digital concierge to guide their choices and connect resources that match their needs. The strategy framework shows how VEON plans to drive value from three business pillars: its fundamental mobile and fixed line Connectivity services; a portfolio of New Services built around digital technologies with the active involvement of big data and artificial intelligence; and Future Assets which seeks to identify, acquire and develop ''know-how" and technologies that open up adjacent growth opportunities.While Connectivity will remain the Group's bedrock, VEON plans to create greater incremental value from New Services and Fu Show less Read more
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