Three million active users for Beeline TV in Russia in 2Q 2021

AMSTERDAM — VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and digital services, today announces results for the second quarter ended 30 June 2021.

VEON’s digital businesses continued to perform well. JazzCash closed the quarter with 13 million monthly active users (+61% YoY), Toffee TV in Bangladesh reached 5 million monthly active users from launch in November 2019 and Beeline TV in Russia had 3.0 million monthly active users (+24% YoY) in 2Q21.

Russia

Beeline TV monthly active users increased to 3 million in 2Q21 (23.6% YoY), which reflects its expanded content offering, as well as targeted customer propositions supported by an advanced customer recommendation engine.

Ukraine

Digital adoption and usage have accelerated in the last twelve months. In 2Q21, the number of MyKyivstar self-care users was at 3.0 million, up 91% YoY, while the user base of our Kyivstar TV service increased to 426,000.

Kazakhstan

Demand for Beeline’s digital services remained strong throughout 2Q21. Beeline TV saw its monthly active user base (MAU) increase by 50% YoY due to growth in sales in fixed business and integration of TV offers into mobile bundles. Beeline’s MyBeeline self-care app doubled its MAUs YoY, which reached 2.3 million. Beeline’s dedicated digital operator and mobile OTT services provider ‘Izi’ also saw further growth in its customer base, which had risen to approximately 63,000 monthly active users by the end of 2Q21.