AMSTERDAM: VEON Ltd., a global digital operator that provides converged connectivity and online services, announced that it is conducting a competitive sales process in relation to its Russian operations.

VEON’s management is currently exploring options in an effort to ensure that an optimal outcome is achieved for all relevant stakeholders, including VEON, its Russian operations, its shareholders, its creditors, its customers and its employees working both in and outside of Russia.

VEON is a global digital operator that provides converged connectivity and online services to over 200 million customers in seven high-growth markets. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext.