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 Sep 30, 2026, the latest employee count at VEON is 13794.

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 52nd amongst 3699 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SK Telecom, which secured $2.2B in Aug, 2026.

Who are the top competitors of VEON?

VEON's top competitors include T-Mobile, MTN and AT&T. Among them, SK Telecom secured the most recent funding round in August, 2026.

VEON - 2026 Company Profile, 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

Shah Capital & 5 more

Ranked

52^nd among 3699 active competitors

Employee Count

13,794 as on Sep 30, 2026

Investment & Acquisitions

CDNvideo & 11 more

Similar Companies

T-Mobile & 4168 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	Reports
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	7534535	Conventional Debt	5085400	2691984	4753212	6501191
Jun 16, 2017	1473542	Conventional Debt	3317800	5936025	7374280	4111069
2017	1765	Conventional Debt	4545	9322	9767	Sberbank CIB

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View details of VEON's funding rounds and investors

VEON's employee count trend

VEON has 13,794 employees as of Sep 26. Here is VEON's employee count trend over the years:

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Top competitors of VEON include T-Mobile, MTN and AT&T. 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	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	J.L. Bainbridge & Company, Elliott Management ... & 13 others	79/100
4th	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
5th	SoftBank 1986, Tokyo (Japan), Series A	Company that offers mobile phones, internet, and clean energy services	$8.99M	Yahoo Japan, Red Badge Management	78/100
6th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 17 others	78/100
7th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
8th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	77/100
9th	Telus 1990, Vancouver (Canada), Public	Integrated telecom and IPTV services provider	-	CIBC, RBC Capital Markets & 2 others	77/100
10th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 12 others	77/100
52nd	VEON 1992, Amsterdam (Netherlands), Public	Provider of voice, fixed broadband, data, and other telecommunication services	-	Shah Capital, Sberbank CIB & 4 others	74/100

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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)