VEON Ltd. has agreed to acquire a 33.75% equity stake and control rights in JungoTV Holdco, Inc., a U.S. media company known for its global streaming channels and the All Women’s Sports Network (AWSN). This strategic investment aims to combine Jungo TV’s content and distribution with VEON’s digital platforms to expand entertainment and sports programming across VEON’s markets in Asia and Eastern Europe. The deal includes $5 million in cash and shares of Kyivstar Group Ltd., with completion expected in 2027. This partnership is set to enhance customer engagement and create new digital revenue streams through subscriptions, advertising, and sponsorships.
VEON's acquisition of a stake in Jungo TV and AWSN provides context for media sector activity on Pluang. For readers following media stocks, 24 of 57 priced US media stocks rose while 30 fell. Notable movers include DJT at USD 4.13 with a 2.74% increase and 84% sell order activity, FUBO at USD 7.87 up 2.34% with 100% buy order activity, and RUM at USD 4.79 up 2.02% with 100% buy order activity. Data is as of Nov 06, 2026 16:21 WIB.
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Daniel Francis is a technical writer and educator focused on Web3, specializing in macroeconomics and decentralized finance (DeFi). With experience since 2017 and certifications from The Blockchain Council, he produces evidence-based reports and guid...
