VEON Ltd. - American Depositary Shares (VEON)

Competitors to VEON Ltd. - American Depositary Shares (VEON)

Airtel Africa

Airtel Africa operates extensive mobile and broadband services across 14 countries in Africa, positioning itself as a major competitor to VEON. Both companies compete on network coverage, pricing strategies, and service quality. Airtel has leveraged its scale and investment in digital infrastructure to enhance customer experience, which allows it to maintain a competitive edge in attracting consumers compared to VEON's offerings.

MTN Group Ltd.

MTN Group is a leading telecommunications operator in Africa, directly competing with VEON's operations in the region. Both companies aim to capture market share through extensive mobile networks, innovative services, and value-added offerings. MTN has a competitive advantage due to its established presence and brand recognition in multiple African countries, and its diversified portfolio that includes mobile money services and various digital platforms, making it a strong player against VEON.

Telekom Russia

Telekom Russia, as one of the primary telecommunications providers in the Russian market, presents direct competition to VEON, which also has significant operations in that region. The competition revolves around pricing, service innovation, and market penetration efforts. Telekom Russia has an advantage due to its close ties to the state and its strong market position, enabling it to deliver competitive services at scale.

Telenor Group

Telenor Group, with a presence in several European and Asian markets, competes with VEON by offering similar telecommunications services, including mobile services, broadband, and digital solutions. Telenor has a competitive advantage through its strong brand reputation and experience in regulatory compliance as well as its track record of success in emerging markets, which positions it well against VEON's efforts in similar territories.

Vodafone Group Plc

Vodafone Group operates globally with a significant footprint in several markets, including Europe and Africa, where VEON also competes. Both companies provide mobile and broadband services, including evolving digital solutions. Vodafone's competitive advantage lies in its extensive network infrastructure and diversified service offerings, allowing it to bundle services effectively and maintain customer loyalty, presenting a challenging environment for VEON.