Amsterdam, February 28, 2023: VEON Ltd. VEONVEON)), a global digital operator providing converged connectivity, announced that Banglalink, its digital operator in Bangladesh, has partnered with Teletalk and Summit Towers Ltd. signed a tripartite agreement to share telecommunications infrastructure.

Under the terms of the agreement, the two operators will share their respective telecom infrastructures in accordance with tower sharing policies and all other relevant laws and regulations. Summit Towers Ltd. will provide them with all the technical support needed for the initiative.

“Banglalink always welcomes opportunities to collaborate with other industry players to advance the telecom industry,” said Erik Aas, Chief Executive Officer of Banglalink. “It’s a timely initiative to further improve customer experience and service quality while both organizations use shared resources in an environmentally friendly and cost-effective manner.”

“We strongly believe in industry collaborations that enable faster and more efficient delivery of services to mobile customers as part of our digital operator strategy,” says Kaan Terzioglu, CEO of VEON Group. “The agreement with Teletalk and Summit brings Banglalink closer to that goal by sharing network infrastructure in Bangladesh and will benefit both operators’ mobile subscribers.”

About VEON

VEON is a global digital operator currently providing converged connectivity and online services to over 200 million customers in seven dynamic markets. We transform people’s lives, empower individuals, create opportunities for greater digital inclusion and drive economic growth in countries home to more than 8% of the world’s population. VEON is headquartered in Amsterdam and is listed on NASDAQ and Euronext. For more information visit: https://www.veon.com.

Disclaimer

This press release contains “forward-looking statements” as that term is defined in Section 27A of the US Securities Act of 1933, as…