Where is VEON located?

VEON is headquartered in Amsterdam, Netherlands. It is registered at M Q Services Ltd, HAMILTON PEMBROKE HM10.

How many employees does VEON have?

As of May 31, 2026, the latest employee count at VEON is 13552.

Is VEON a funded company?

VEON is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of VEON?

VEON's latest funding was a $***** Conventional Debt round on Sep 25, 2019, with participation from 0 investor.

Where does VEON rank among its competitors?

VEON ranks 8th amongst 79 active competitors, none of which are funded.

Who are the top competitors of VEON?

VEON's top competitors include AT&T, Vodafone and Verizon. Among them, Vodafone secured the most recent funding round in January, 2025.

VEON - 2026 Company Profile, Team, Funding & Competitors

Company Details

In 2021, the company recorded annual revenues of $8.11B and a net profit of $0.67B

Website: veon.com
Social
Registered Address: M Q Services Ltd, HAMILTON PEMBROKE HM10

Key Metrics

Founded Year

1992

Location

Amsterdam, Netherlands

Stage

Public

Latest Funding Round

Conventional Debt, Sep 25, 2019, $*****

Investors

Sberbank CIB & 5 more

Ranked

8^th among 79 active competitors

Employee Count

13,552 as on May 31, 2026

Investment & Acquisitions

CDNvideo & 11 more

Similar Companies

T-Mobile & 4128 more

Exit Details

Public

View VEON's full profile

VEON is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VEON LTD CIN: 931433008 , Norway, Active	Jun 04, 2009	-	-
VEON CIN: 852395508 , France, Active		-	-	-

VEON got listed on Nov 22, 1996.

Click here to take a look at VEON's IPO in detail

VEON has raised funding over 4 rounds. VEON has 6 institutional investors.

Here is the list of recent funding rounds of VEON:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 25, 2019	9089587	Conventional Debt	1551743	9113644	2008393	1714010
Jun 16, 2017	8408696	Conventional Debt	3515952	9330233	2192621	9413600
2017	7763	Conventional Debt	6377	7239	2456	Sberbank CIB

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View details of VEON's funding rounds and investors

The founders of VEON is Augie Fabela.

Here are the details of VEON's key team members:

Augie Fabela: Co-Founder and Chairman Emeritus of VEON.

View details of VEON's Founder profiles and Board Members

VEON's employee count trend

VEON has 13,552 employees as of May 26. Here is VEON's employee count trend over the years:

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Top competitors of VEON include AT&T, Vodafone and Verizon. Here is the list of Top 10 competitors of VEON, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	Elliott Management, Appaloosa Management ... & 13 others	82/100
2nd	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Elliott Management, Cevian & 12 others	81/100
3rd	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Berkshire Hathaway, Black Capital Investments ... & 16 others	81/100
4th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	77/100
5th	Liberty Global 2005, London (United Kingdom), Public	Provider of mobile communication and broadband network services	-	Media Investment Group, Gov & 2 others	76/100
6th	Orange 1988, Issy les Moulineaux (France), Acquired	French Telecommunication major	-	Runway, BIP Investment Partners & 10 others	74/100
7th	MegaFon 2002, Moscow (Russia), Acquired	Provider of cellular, mobile, and wireless internet services	-	Sberbank CIB, Alfa Group Consortium & 1 others	73/100
8th	VEON 1992, Amsterdam (Netherlands), Public	Provider of voice, fixed broadband, data, and other telecommunication services	-	Sberbank CIB, Shah Capital & 4 others	72/100
9th	Comcast 1963, Philadelphia (United States), Public	Provider of phone, internet, and television services	-	JANA Partners, Kleiner Perkins	72/100
10th	Telefonica 1924, Madrid (Spain), Public	Provider of mobile and fixed-line telephony services	-	China Unicom, China Developement Bank & 9 others	71/100

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VEON has made 4 investments in companies including Dastgyr and ShopUp. VEON has also acquired 8 companies including CDNvideo and DataFort.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 01, 2023	Acquisition	CDNvideo	2010	Moscow (Russia)
Jun 14, 2022	Investments	Dastgyr	2020	Lahore (Pakistan)
Jan 04, 2022	Investments	ShopUp	2017	Dhaka (Bangladesh)