Latest news with #Terzioglu
Time of India
28-05-2025
- Business
- Time of India
VEON considering dual listing in the UAE in 3-5 years
By Federico Maccioni DUBAI : Nasdaq-listed telecom company VEON is considering a dual listing in the United Arab Emirates (UAE) in the next three to five years, its CEO said on Wednesday, after moving its headquarters to Dubai from Amsterdam last year. VEON is the parent company of Ukraine's Kyivstar and Pakistan's Jazz, the two countries' largest mobile operators, respectively. "We have of course moved our headquarters with all the intentions about the future relevance for these markets," CEO Kaan Terzioglu said during an event in Dubai. "At a certain point I think this (a UAE listing) will be inevitable." Terzioglu added that investors in the Gulf region had a better understanding of VEON's markets. VEON is shifting to a "digital operator" strategy, offering financial, healthcare and entertainment services in addition to mobile connectivity. It also operates in Uzbekistan, Kazakhstan, Kyrgyzstan and Bangladesh. Terzioglu said VEON might also consider initial public offerings (IPO) of its subsidiaries in the UAE along the same timeline. Kyivstar is already planning a U.S. listing later this year with a pro-forma valuation of $2.21 billion. Asked whether the company might look to expand to other markets in the Middle East, Terzioglu said that Iraq and Syria would play an important role in the future and that the firm was in talks with investors there. "I believe, especially the changes in Syria, (with) the new government being in place, basically, the country is reborn. And it perfectly fits into a large population, unmet demand market," he said. He said, however, that more work was needed in terms of regulations, tax regimes before the company could make a definitive commitment in Syria. Terzioglu added that VEON, which recently signed an exclusive partnership with Elon Musk's Starlink to develop and provide direct-to-cell connectivity in Ukraine, was in talks with the company over potential partnerships across the other markets where it operates. VEON is also in talks for partnerships with other satellite companies including ASD and Eutelsat's OneWeb.
Yahoo
12-05-2025
- Business
- Yahoo
Frontier Tech: Fireside with VEON Group CEO, Kaan Terzioğlu
hosted a fireside chat with VEON Ltd. (Nasdaq: VEON) to discuss the company's services to 122 million total monthly active users across its digital services portfolio in countries like Ukraine, Pakistan, Kazakhstan, VEON's business combination with Cohen Circle Acquisition Corp. (Nasdaq: CCIR), and more. The event featured VEON Group Chief Executive Officer Kaan Terzioğlu, moderated by IPO Edge Editor-at-Large and Editor-in-Chief in a video session lasting approximately 30 minutes. Watch REPLAY: or watch the replay video below: This embedded content is not available in your region. Mr. Terzioğlu discussed: Services provided and operations around the world in countries like Ukraine, Pakistan, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan VEON as a Nasdaq-listed company focused on bringing connectivity, digital services and augmented intelligence to underserved markets with significant growth potential The company's recent financial performance and growth strategy overview VEON's business combination with Cohen Circle Acquisition Corp. I, which will result in Kyivstar becoming a publicly traded company on Nasdaq About Kaan Terzioğlu Mr. Kaan Terzioğlu has been serving VEON Group as the Group Chief Executive Officer since June 2021. As the Group CEO, Terzioglu leads the executive teams of the Company's digital operators providing connectivity and digital solutions, empowering their customers with digital finance, education, entertainment and health services, among others, and supporting the economic growth of the Company's operating markets. Prior to being appointed as the Group CEO, Mr. Terzioglu served the Company as Group Co-CEO from March 2020 to June 2021, Group Co-COO from November 2019 to March 2020 and a Board director from July 2019 to October 2019. Kaan Terzioglu is currently a Board Member of the GSMA and of the GSMA Foundation. Prior to joining the Company, Mr. Terzioglu held regional and global leadership roles in management consulting, technology and telecoms with Arthur Andersen, CISCO and Turkcell in Belgium, United States and Turkey. In 2019, Mr. Terzioglu received GSMA's 'Outstanding Contribution to the Industry' award for his leadership in creating a digital transformation model for the telecoms industry and for his contributions to socially responsible business in telecommunications industry. Mr. Terzioglu holds a Bachelor's Degree in Business Administration from Bogazici University and is also a Certified Public Accountant (Istanbul Chamber of Certified Independent Public Accountants). Mr. Terzioğlu's business profile: About VEON VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. As of the end of 2024, VEON served 122 million total monthly active users across its digital services is headquartered in Dubai and is the largest Nasdaq listed company in the country. For more information visit: Contact: Editor@ Twitter: @IPOEdge Instagram: @IPOEdge Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
