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VEON Ltd. – American Depositary Shares (VEON) – Banglalink by VEON – Press Release

Bangalink wins Ookla® Speedtest Award™ for fastest mobile phone
network in Bangladesh for the third consecutive year
Amsterdam, September 2, 2022: VEON Ltd. VEONVEON)), a global digital operator providing converged connectivity and services, announced today that its operating company in Bangladesh, Banglalink, has won the award for the fastest mobile network in Bangladesh for the third consecutive year.

Ookla’s Speedtest report revealed that Banglalink has a Speed ​​Score™ of 21.56; Crowning Banglalink as the No. 1 High Speed ​​Internet Provider in Bangladesh. Banglalink recently launched more than 3000 sites across the country and doubled its spectrum inventory with the acquisition of 40MHz spectrum while posting double-digit revenue growth in the second quarter of 2022.

“VEON strives to provide best-in-class connectivity and digital services in all countries where we operate, by improving our coverage and the quality of our networks. High-speed Internet enables economic growth, empowers our customers and enables us to offer our innovative services as part of our digital operator strategy,” explains Kaan Terzioglu, CEO of VEON doubling its frequency spectrum also demonstrates VEON’s deep commitment to Bangladesh.”

“This award recognizes the commitment of VEON and Banglalink to be the best in class digital operator,” said Erik Aas, CEO of Banglalink. “This award is a testament to our tireless work in delivering the fastest network speeds to our customers alongside our continuous investments in Bangladesh’s mobile infrastructure. At Banglalink, we pride ourselves on enabling a digitally connected life for our customers.”

About Banglalink

Banglalink is one of the leading providers of digital communication services in Bangladesh, working to create new opportunities for its customers as they navigate the digital world. Driven by the vision to change lives through…

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