Amsterdam & St. Louis, 26 October 2021 - VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, and Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, announce that they have signed a seven-year agreement that will enable innovative digital services for VEON customers in Uzbekistan and Kazakhstan.  

The agreement is expected to lay the foundation for VEON’s Beeline mobile operators in Uzbekistan and Kazakhstan to launch transformational digital services and personalised experiences. This will happen by deploying Amdocs’s microservices-based monetisation and commerce suites, using technology based on cloud-ready architecture.

VEON Group companies, through their unique digital operator strategies, serve their consumer (B2C) and enterprise (B2B) customers with advanced financial, entertainment and data analytics-based services.  As of 30 June 2021, VEON Group, operating in 9 countries with 213.7 million subscribers served 18.8 million users with digital content and 19.4 million with digital financial services, while supporting tens of thousands of merchants by helping them to digitalise their customer reach and services.  VEON Group companies also reach a total of 28 million mobile users through self-care mobile apps.

“VEON is embarking on a journey to be a world-leading digital operator,” explains Kaan Terzioglu, CEO of VEON Group. “The ability to innovate, provision and adapt the digital services we can offer our customers is at the core of this journey.  Amdocs is a long-term trusted partner of VEON and will accompany us on our way to digital innovation.  This agreement will give us the business agility and IT velocity we need in our digital operator transformation.”

“We are delighted to expand our long-term relationship with the VEON Group for the benefit of their customers in Uzbekistan and Kazakhstan,” says Shuky Sheffer, President and CEO of Amdocs Management Limited, “The seamless introduction of new digital services, with fast time to market and personalised experiences, will enable consumers in these markets to take advantage of the next-generation of communication and media experiences, as well as lay the foundations for future growth and innovation.”

"Collaboration with Amdocs will enable us to significantly modernize the IT-infrastructure of the company. This will greatly improve our time to market performance. As a result, our customers will have a quicker access to cutting edge digital services" - Andrzej Malinowski, CEO of Beeline Uzbekistan

Under the agreement, Amdocs will provide new monetisation, service and network automation solutions, catalogue management, commerce and care systems, as well as enable new multi-channel front ends for digital services.

Uzbekistan and Kazakhstan represent fast growing markets for VEON under the Beeline brand.  As of [30 June 2021], of VEON’s 6.7 million customers in Uzbekistan, over 56% are 4G subscribers with access to digital services, while in Kazakhstan over 58% of its 10 million customers use 4G services.  

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services serving nine countries, which together are home to 9% of the world’s population. Our companies are transforming lifestyles through technology-driven services that empower opportunity in some of the world’s fastest-growing emerging markets.

For more information, visit: https://www.veon.com

About Amdocs

Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers’ innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our 27,000 employees around the globe are here to accelerate service providers’ migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion in fiscal 2020.

For more information, visit Amdocs at www.amdocs.com

About Beeline Uzbekistan

Unitel LLC provides services under the Beeline Uzbekistan TM since September 12, 2006. Beeline Uzbekistan is a part of the international telecom holding company VEON, headquartered in Amsterdam (the Netherlands).

VEON is a global telecom and internet services provider with over 213 million subscribers in 9 countries. Company shares are listed on the NASDAQ and Euronext Amsterdam stock markets.

Beeline Uzbekistan employs more than 1.6 thousand people. Since its entry to the Uzbekistan market in 2006 VEON has invested more than $1.2 billion in the country’s telecom industry. During its activity under the Beeline TM in Uzbekistan, total taxes paid exceeded $1.7 billion.

For more information, visit: https://www.beeline.uz