InvestmentJul 2, 2026, 09:03 AM
VEON CEO Meets Kazakh President; Boosts Digital Infrastructure Investment
AI Summary
VEON's Group CEO, Kaan Terzioglu, met with Kazakhstan's President, Kassym-Jomart Tokayev, reaffirming support for the Digital Qazaqstan Strategy. The company highlighted progress on launching Direct to Cell technology, aiming for 100% country coverage by August 2026. VEON also detailed ongoing investments, including the construction of a Tier III Hyper Cloud data center in Almaty, targeted to go live by end of 2026, and advancements in satellite connectivity with Starlink Direct to Cell.
Key Highlights
- VEON CEO met with Kazakhstan President Kassym-Jomart Tokayev.
- Reaffirmed support for Kazakhstan's Digital Qazaqstan Strategy.
- Direct to Cell technology launch in Kazakhstan by August 2026.
- Direct to Cell aims for 100% coverage of Kazakhstan.
- Tier III Hyper Cloud data center in Almaty to go live by end of 2026.
- Beeline Kazakhstan completed Central Asia's first voice/SMS field test.
Price Impact
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