Veon trading update points to pressure on sales from shop closures, lower roaming

Tuesday 31 March 2020 | 10:31 CET | News
The Veon Group has issued a trading update in light of developments relating to the Covid-19 pandemic. The company said its financial position remains strong and is supported by ample liquidity and a solid balance sheet. Veon's networks and services across all markets are operating normally and business continuity plans are in place. Veon is supporting customers and communities with a variety of health information resources and assistance measures. The company sees some short-term pressure on results for shop closures and and reduced roaming.  

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Categories: Mobile & Wireless
Companies: Beeline / Kyivstar / Mobilink / Veon
Countries: Russian Federation / Ukraine / World
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