{"id":35961,"date":"2026-03-13T05:50:46","date_gmt":"2026-03-13T09:50:46","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/digital-services-company-veon-reports-strong-growth-plans-starlink-expansion\/"},"modified":"2026-03-13T05:50:46","modified_gmt":"2026-03-13T09:50:46","slug":"digital-services-company-veon-reports-strong-growth-plans-starlink-expansion","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/digital-services-company-veon-reports-strong-growth-plans-starlink-expansion\/","title":{"rendered":"Digital Services Company Veon Reports Strong Growth, Plans Starlink Expansion"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

Telecommunications company Veon announced Friday that its core profits jumped approximately 19% for the full year, powered by increased demand for digital services as the company prepares to bring its Starlink satellite partnership to Bangladesh.<\/p>

The digital services operator reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of $2 billion. Digital services revenue surged 62.5% over the year, now accounting for 17.3% of the company’s total income.<\/p>

CEO Kaan Terzioglu explained to Reuters that operations in Ukraine demonstrated the limitations of ground-based networks, citing challenges from landmines blocking technician access to power outages shutting down cell towers, making satellite integration necessary.<\/p>

Following Bangladesh, the technology will roll out to Uzbekistan and Pakistan, Terzioglu disclosed.<\/p>

According to Terzioglu, Veon has become “the largest partner when it comes to the number of customers utilizing direct-to-cell technology of Starlink,” serving nearly 5 million users in Ukraine over four months with 7 million messages transmitted through the network.<\/p>

In Pakistan, Veon’s Jazz division obtained 190 MHz during this week’s spectrum auction – the biggest single allocation – setting the stage for 5G network rollout.<\/p>

Terzioglu commended Pakistan’s strategy to triple available spectrum while cutting costs, describing it as “a best practice the world needs to hear.”<\/p>

While acknowledging he’s watching potential conflict between Pakistan and Afghanistan, he noted that lessons from Ukraine and the COVID-19 pandemic proved “when things get difficult, our services become more essential.”<\/p>

The company’s total digital monthly active users climbed to 135.5 million, representing an 11.4% year-over-year increase.<\/p>

Regarding future growth, Terzioglu said he’s “continuously monitoring” markets with populations exceeding 100 million that lack sufficient banking infrastructure, identifying them as natural expansion targets given Veon’s expertise in providing digital services through telecommunications networks.<\/p>

Looking ahead to 2026, Veon projects revenue growth between 9%-12% and EBITDA growth of 7%-10%.<\/p>","protected":false},"excerpt":{"rendered":"

Telecommunications operator Veon announced a 19% increase in core profits driven by digital services demand. The company plans to expand its Starlink satellite partnership to Bangladesh following successful deployment in Ukraine.<\/p>\n","protected":false},"author":4,"featured_media":35960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-35961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773395445499.png?fit=1920%2C1080&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-9m1","jetpack-related-posts":[{"id":56167,"url":"https:\/\/tvdelmarva.com\/wp\/french-satellite-company-secures-32m-to-challenge-spacexs-starlink-dominance\/","url_meta":{"origin":35961,"position":0},"title":"French Satellite Company Secures $32M to Challenge SpaceX’s Starlink Dominance","author":"Admin","date":"April 23, 2026","format":false,"excerpt":"Univity, a French satellite internet company, has secured $32 million in funding to build a massive constellation of satellites. The startup aims to become Europe's largest satellite operator by launching up to 3,400 satellites to compete with SpaceX's Starlink and Amazon's planned network.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776925321539.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776925321539.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776925321539.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776925321539.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776925321539.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":31037,"url":"https:\/\/tvdelmarva.com\/wp\/ukraine-starlink-users-expected-to-jump-to-12-million-by-years-end\/","url_meta":{"origin":35961,"position":1},"title":"Ukraine Starlink Users Expected to Jump to 12 Million by Year’s End","author":"Admin","date":"March 3, 2026","format":false,"excerpt":"A telecommunications company executive predicts Ukraine's Starlink satellite internet users will more than double from 5 million to 12 million by the end of 2024. The surge is driven by ongoing power outages from the war, making satellite connectivity essential for many Ukrainians.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772554785532.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":30127,"url":"https:\/\/tvdelmarva.com\/wp\/french-telecom-giant-teams-up-for-direct-satellite-to-phone-service\/","url_meta":{"origin":35961,"position":2},"title":"French Telecom Giant Teams Up for Direct Satellite-to-Phone Service","author":"Admin","date":"March 2, 2026","format":false,"excerpt":"French telecommunications company Orange has joined forces with AST SpaceMobile and Vodafone's joint venture to develop satellite-to-smartphone connectivity. The collaboration will test voice, text, and data services directly from satellites to cell phones in Romania by late 2026.","rel":"","context":"In "Science"","block_context":{"text":"Science","link":"https:\/\/tvdelmarva.com\/wp\/category\/science\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772440239788.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12843,"url":"https:\/\/tvdelmarva.com\/wp\/starlink-tests-communications-equipment-at-faa-facility-in-south-jersey\/","url_meta":{"origin":35961,"position":3},"title":"Starlink Tests Communications Equipment at FAA Facility in South Jersey","author":"admin","date":"February 27, 2025","format":false,"excerpt":"EGG HARBOR TOWNSHIP, NJ \u2013 Starlink, Elon Musk\u2019s satellite internet company, is testing communications equipment at the Federal Aviation Administration's (FAA) William J. Hughes Technical Center in South Jersey. The testing, revealed by the FAA on Monday, involves a terminal facility in Atlantic City and two terminals at non-safety critical\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/02\/starry-dark-sky-in-carpathian-mountains-at-night-i-2024-11-18-12-34-06-utc-scaled.jpg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/02\/starry-dark-sky-in-carpathian-mountains-at-night-i-2024-11-18-12-34-06-utc-scaled.jpg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/02\/starry-dark-sky-in-carpathian-mountains-at-night-i-2024-11-18-12-34-06-utc-scaled.jpg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/02\/starry-dark-sky-in-carpathian-mountains-at-night-i-2024-11-18-12-34-06-utc-scaled.jpg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/02\/starry-dark-sky-in-carpathian-mountains-at-night-i-2024-11-18-12-34-06-utc-scaled.jpg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":27475,"url":"https:\/\/tvdelmarva.com\/wp\/british-mobile-company-debuts-first-european-satellite-phone-service\/","url_meta":{"origin":35961,"position":4},"title":"British Mobile Company Debuts First European Satellite Phone Service","author":"Admin","date":"February 25, 2026","format":false,"excerpt":"Virgin Media O2 has become the first European mobile carrier to offer satellite connectivity for regular smartphones. The service allows texting and app usage in areas without cell tower coverage for about $4 monthly.","rel":"","context":"In "Science"","block_context":{"text":"Science","link":"https:\/\/tvdelmarva.com\/wp\/category\/science\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772067645551.jpg?fit=450%2C298&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51834,"url":"https:\/\/tvdelmarva.com\/wp\/amazon-purchases-globalstar-for-11-57b-to-compete-with-spacex-starlink\/","url_meta":{"origin":35961,"position":5},"title":"Amazon Purchases Globalstar for $11.57B to Compete with SpaceX Starlink","author":"Admin","date":"April 14, 2026","format":false,"excerpt":"Amazon announced Tuesday it will purchase satellite company Globalstar for $11.57 billion. The acquisition strengthens Amazon's space technology efforts as it works to compete against SpaceX's dominant Starlink satellite network.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776169375866.jpg?fit=450%2C284&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/35961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=35961"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/35961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/35960"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=35961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=35961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=35961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}