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Veon Q1 profit boosted by Ericsson settlement, organic revenue up 7.4%

Thursday 2 May 2019 | 09:00 CET | News
Veon reported strong underlying results in the first quarter, ahead of its full-year outlook, with organic revenues up 7.4 percent and adjusted EBITDA up 37 percent. The company said it saw a strong performance in its largest markets Pakistan, Ukraine, Bangladesh and Russia, and also benefited from cost-cutting efforts and the USD 350 million settlement with Ericsson. 

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Categories: Mobile & Wireless
Companies: Veon
Countries: World
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