Veon’s core profit rises on digital services as it prepares Starlink deployment in Bangladesh

Digital services operator Veon on Friday reported core profit that was up around 19% for its full year, driven by higher demand for digital services as it looks to expand its Starlink ‌partnership to ⁠Bangladesh next.

Its ⁠earnings before interest, taxes, depreciation, amortization (EBITDA) came in at $2 billion. Veon said its digital services revenues grew 62.5% in a year, now making up 17.3% of the group’s income.