VEON Posts 6.6% Revenue Growth In Q1 Driven By Digital Opera

VEON Posts 6.6% Revenue Growth In Q1 Driven By Digital Operator Strategy: Details - VEON (NASDAQ:VEON)

VEON reported first-quarter FY24 sales growth of 6.6% year-on-year to $942 million. Total digital monthly active users surged 40%. The company's 4G subscribers grew 10.6% Y/Y to 97.4 million, representing a 61.7% customer base penetration. VEON anticipates FY24 local currency revenue growth of 16%-18% and EBITDA growth of 18%-20%.

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