Frontier Telecom's Hidden Gem: VEON's Undervalued Growth And Nasdaq Catalyst

Jun. 13, 2025 5:39 AM ETVEON Ltd. (VEON) StockVEON1 Comment
(8min)

Summary

  • VEON's tri-pillar model: core telecom services, rapidly expanding digital ecosystem, and asset-light infrastructure drive both scale and margin upside.
  • Digital MAUs grew +50.2% YoY in Q1 ’25, and untapped 4G penetration, implying 3.7× ARPU uplift potential upon “multiplay” migration.
  • Upcoming Kyivstar Nasdaq de-SPAC and undervalued digital optionality create outsized re-rating catalysts: Strong Buy.
Corporate Communications

kentoh/iStock via Getty Images

Summary

VEON Ltd. (NASDAQ:VEON) is a leading global digital operator, combining traditional telecommunication services, fast-growing fintech and streaming services across 5 key high growth frontier markets. Its market cap is only $3.3bn, and it is significantly lower than its peers like Bharti Airtel of $130bn

This article was written by

I am currently working as an investment analyst at a family office. My specialty is identifying high-quality and/or severely mispriced investment ideas. I believe that a great investment idea would "jump" at you intuitively and it comes in buying great companies at great prices. If you like my investment ideas, please do give me a follow!In my free time, I like to read books to educate myself and watch shows on Netflix.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Comments (1)

Get alerts on
VEON - VEON Ltd.
9.17K Followers

About VEON Stock

SymbolLast Price% Chg
VEON
38.65-17.77%
Chart
Combination chart with 2 data series.
The chart has 1 X axis displaying Time. Data ranges from 2025-06-09 09:30:00 to 2025-06-13 10:00:00.
The chart has 1 Y axis displaying values. Data ranges from 37.4 to 49.9043.
End of interactive chart.
Market Cap
$3.29B
PE (FWD)
9.44
Yield
-
Rev Growth (YoY)
8.84%
Short Interest
0.13%
Prev. Close
$47.00
Compare to Peers