# VEON Secures $100M Amdocs Tech Deal and Expands Satellite Coverage Ahead of Q3 Results

- URL: https://stocks.freetheai.org/news/veon-secures-100m-amdocs-tech-deal-and-expands-satellite-coverage-ahead-of-q3-2d63f1
- Published: 2026-10-12T11:00:00Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [NASDAQ:VEON](https://stocks.freetheai.org/symbols/NASDAQ-VEON)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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VEON Ltd. Sponsored ADR (NASDAQ:VEON) announced a 10-year technology agreement valued at approximately $100 million with Amdocs. The project will upgrade core systems across Eurasia, beginning with operations in Kazakhstan and Uzbekistan, and will integrate QazCode intellectual property into Amdocs' aOS platform. Additionally, VEON's subsidiary Banglalink introduced a satellite-to-mobile connection powered by Starlink in Bangladesh, enabling 4G mobile devices using Banglalink SIM cards to maintain connection via the MyBL app during outages and emergency situations.

The strategic initiatives highlight VEON's ongoing effort to update its regional communications infrastructure and bolster service reliability during network disruptions. In market action, shares of VEON Ltd. Sponsored ADR (NASDAQ:VEON) were down 0.34% to $76.81.

Looking ahead, market participants will monitor the execution of these network upgrades and upcoming financial performance. VEON is scheduled to report its third-quarter and nine-month 2026 financial results on November 6, 2026, at 09:00 GST, followed by a presentation and audio webcast at 16:00 GST.

## Key points

- VEON Ltd. Sponsored ADR (NASDAQ:VEON) signed a 10-year, $100 million agreement with Amdocs to modernize Eurasian core technology.
- The Amdocs deal begins in Kazakhstan and Uzbekistan and integrates QazCode intellectual property into Amdocs' aOS.
- Banglalink rolled out Starlink-powered satellite-to-mobile service in Bangladesh for 4G phones during outages.
- VEON scheduled its Q3 and nine-month 2026 financial results release for November 6, 2026.
- VEON shares traded down 0.34% to $76.81.

## Questions and answers

### What is VEON's recent deal with Amdocs?

VEON signed a 10-year agreement worth approximately $100 million with Amdocs to modernize core technology in Eurasia, starting in Kazakhstan and Uzbekistan.

### When will VEON report its Q3 2026 financial results?

VEON will report its third-quarter and nine-month 2026 results on November 6, 2026, at 09:00 GST, followed by a webcast at 16:00 GST.

### How is VEON expanding satellite coverage in Bangladesh?

VEON's Banglalink launched a Starlink-powered satellite-to-mobile service allowing 4G devices with Banglalink SIMs to stay connected via the MyBL app during outages.