A blunt angle. The parent company Kyivstar can stop the development of the network in Russia through sanctions

The VEON Holding, which owns the third largest Russian mobile operator, can freeze the development of the Russian Federation. VEON telecommunications holding, which owns the Ukrainian mobile operator Kyivstar and Russian Beeline, will freeze the deployment of its network of the Russian Federation if sanctions in Ukraine continue to block the import of equipment in Ukraine. The CEO of Kaan Terzioglu told this in an interview with Boomberg.

"There is no doubt that the deployment will slow down and can almost go to a dead end," Terzioglu said. At the same time, he stressed that the Beeline network in the Russian Federation was the most modern because the company has rebuilt it in the last two years. SEO VEON added that sanctions touch all market players. VEON also negotiate with potential buyers to sell additional towers in Pakistan, Bangladesh, Kazakhstan, Uzbekistan and Ukraine.

Towers should be in the hands of independent tower companies. We move on the monetization of these tower assets, ”Terzioglu said. Veon was founded in Moscow in 1992 as a pennant - one of the first cellular operators in the country. It is now a telecommunications company with a headquarters in the Netherlands, which serves more than 220 million customers in eight countries.