VEON Backs Uzbekistan Bid to Become Central Asia IT Hub
30 August 2022 - 2:00PM
VEON Backs Uzbekistan Bid to Become Central Asia IT Hub
Global telecommunications group to support
Digital Uzbekistan 2030 programme with best-in-class connectivity
and digital services, education and job opportunities, and an
international hub for VEON’s IT and digital teams in the newly
opened IT-Park in Uzbekistan
Amsterdam, 30 August 2022: VEON Ltd.
(NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator
that provides converged connectivity and services, today
announces its commitment to support Uzbekistan’s plan to become a
major IT hub in Central Asia through best-in-class connectivity and
digital services, education, upskilling, and new job opportunities.
VEON plans to house an international operations hub in
the newly opened IT-Park in Tashkent for its IT and digital teams
and provide international promotion for country’s digital
transformation ambition as part of the Government’s Digital
Uzbekistan 2030 programme.
The announcement was made at a meeting between the
Prime Minister Abdulla Aripov and the CEO of the VEON Group,
Kaan Terzioglu, at the opening of the country’s prestigious IT Park
that will house Uzbekistan's leading telecoms and IT companies,
including Beeline Uzbekistan, VEON’s digital operator in the
country.
“The Digital Uzbekistan 2030 programme is an
ambitious and well-planned strategy to build national prosperity
through IT expertise and form an IT hub in Central Asia. We are
proud to be able to support this initiative and to work as a
partner with the government of Uzbekistan, promoting the country’s
vision on the global IT arena,” states Kaan Terzioglu, CEO of VEON
Group. “Telecoms operators are uniquely positioned to be key
partners for governments in accomplishing digital transformations.
VEON has significant digital capabilities which we are proud to
bring to Uzbekistan. Our investment is based on the enormous human
potential of the country, its digital focus, and the exemplary
attitude of the Government in its plans for long-term sustainable
growth.” VEON’s initiative will include the sharing of digital
capabilities, the launch of new digital services in Uzbekistan and
the expansion of access to digital services through 4G networks,
including, the provision of 4G mobile Internet connectivity for the
new high-speed Afrosiab trains on the Tashkent-Samarkand
route.
VEON will also expand its commitment to digital
education and upskilling in Uzbekistan. Already a supporter of
tertiary education in IT and data skills at the Astrum Academy,
VEON will now provide digital education materials through its
SINAPS platform that was recently launched in a test mode. Being
committed to creating job opportunities, VEON has also recently
expanded its BeeLab software development team in Uzbekistan from 15
to 100 staff and plans to open a Beeline IT Academy in Uzbekistan
to provide its own digital education hub across areas including
cybersecurity. VEON previously announced in May 2022 that it
would invest $250 million over the next five years to the develop
the communications infrastructure and ecosystem of digital services
in Uzbekistan.
About VEONVEON is a digital operator that
provides converged connectivity and digital services to over 200
million customers. Operating across seven countries that are
home to more than 8% of the world’s population, VEON
is transforming lives through technology-driven services that
empower individuals and drive economic growth. Headquartered
in Amsterdam, VEON is listed on NASDAQ and Euronext.
For more information,
visit: https://www.veon.com
About Beeline UzbekistanBeeline Uzbekistan
is the biggest mobile operator in the country and was the first to
launch a 4G network in 2014. The company has made large investments
in telecommunications infrastructure in recent years, including the
roll-out of more than 3000 base stations.
Beeline Uzbekistan is a part of
VEON Group. The operator has more than
8 million subscribers and over 1,600 employees.
Since entering the Uzbekistan market in 2006, VEON has invested
more than $1.2 billion in the country's telecommunications
industry.
More
information: [vbutnik@beeline.uz], https://beeline.uz/uz
DisclaimerThis release contains
“forward-looking statements,” as the phrase is defined in Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended.
Forward-looking statements are not historical facts, and include
statements relating to, among other things, VEON’s commercial
partnerships and digital transformation plans in Uzbekistan.
Forward-looking statements are inherently subject to risks and
uncertainties, many of which VEON cannot predict with accuracy and
some of which VEON might not even anticipate. The forward-looking
statements contained in this release speak only as of the date of
this release. VEON does not undertake to publicly update, except as
required by U.S. federal securities laws, any forward-looking
statement to reflect events or circumstances after such dates or to
reflect the occurrence of unanticipated events.
Contact Information
- Group Communications
Director
Marina LevinaPR@veon.com
Julian.tanner@tuvapartners.com
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