VEON sold its stake in Beeline, which operated in Kyrgyzstan, to Eldik Bank.
1 report, 1 independent
Updated Aug 13
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What happened
VEON sold its stake in Beeline, which operated in Kyrgyzstan, to Eldik Bank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The sale of VEON's stake in Beeline, which operated in Kyrgyzstan, to Eldik Bank has resulted in a non-cash charge.Sub-event
VEON divests its operations in Kyrgyzstan, selling Beeline to Eldik Bank.1 source
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The entities involved
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Beeline
telecommunications brand initially introduced in 1993 in Russia
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Kyrgyzstan
sovereign state in Central Asia
- The Eurasian Development Bank released its regional economic outlook, noting that Kyrgyzstan grew fastest, Uzbekistan benefited from a lower base, and Kazakhstan was the center of gravity for venture capital.
- Georgia and Kyrgyzstan are strengthening bilateral cooperation, discussing trade and direct air services.
Coverage
Newest first; wire copies grouped- GlobeNewswireVEON Completes Sale of Beeline Kyrgyzstan Dubai, August 13, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON”), announces that it has completed the sale of its 50.1% indirect stake in