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VEON's digital revenue jumps 53.6% in Q2 2026, raising full-year revenue and EBITDA outlook.

Company Fundamentals
31 Jul 2026, 07:11 WIB
GlobeNewsWire
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Bullish
VEON's digital revenue jumps 53.6% in Q2 2026, raising full-year revenue and EBITDA outlook.

VEON Ltd. reported a 53.6% year-on-year increase in digital revenue to USD 342 million in Q2 2026, with digital services now making up 26.9% of total revenues. Total revenue rose 17% to USD 1,271 million, and EBITDA grew 6.2% to USD 552 million for the quarter. The company raised its 2026 revenue growth forecast to 15%-18% and EBITDA growth to 9%-12%, reflecting strong performance and digital expansion. VEON also continued share buybacks and plans to cancel at least USD 100 million of repurchased shares annually, signaling confidence in its growth strategy.

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