VEON Launches Digital-First Operator OQ in Uzbekistan
October 31 2023 - 9:45AM
VEON Launches Digital-First Operator OQ in Uzbekistan
New brand targets digital natives with integrated
media and entertainment services
Amsterdam, 31 October 2023: VEON Ltd. (NASDAQ: VEON,
Euronext Amsterdam: VEON), a global digital operator that provides
converged connectivity and online services, announces the launch of
digital operator OQ in Uzbekistan. The new operator will
provide integrated digital experiences in entertainment and
communication, serving digital natives who use mobile internet
extensively to engage with lifestyle services.
OQ, which translates from Uzbek as "clean and transparent,"
reflects the values of the new generation—openness, freedom of
expression, and choice. It will be available nationally
across Uzbekistan, offering users the benefits of independent
service selection, individual tariff formation, and fair payment
commitment. Users will be able to connect to new mobile
applications rapidly, using biometric identity verification
technology – a first in Uzbekistan for a mobile industry - while
combining services and selecting entertainment content according to
their preferences.
"We are delighted to welcome a new telecommunications startup in
Uzbekistan! The brand OQ fully represents a modern approach to
providing services to tech-savvy customers, combining communication
services, entertainment, and charity,” commented Andrzej
Malinowski, CEO of Beeline Uzbekistan.
OQ provides users with a range of integrated media services
including access to streaming music on Stingray online radio and
licensed films from Uzbek cinema without any additional charges.
The media content in the application will be constantly updated
and, in the near future, content created exclusively for OQ will
also become available.
"OQ offers an entirely new level of user freedom,” states
Abdulaziz Mansurov, Head of OQ digital operator. “The
customer creates their own service and entertainment package. We
believe that OQ will transform the traditional telecommunications
market in Uzbekistan and create a new way for digital native users
to engage with digital lifestyle.”
About OQOQ is a mobile telecommunication
application that allows users to remotely connect to a telecom
network, create customized tariffs, watch and listen to media
content without additional subscription fees. OQ is the first
integrated entertainment and communication application with
completely transparent payments. For more information
visit: oq.uz
About VEON VEON is a digital operator that
provides converged connectivity and digital services to nearly 160
million customers. Operating across six countries that are
home to more than 7% of the world’s population, VEON is
transforming lives through technology-driven services that empower
individuals and drive economic growth. Headquartered in
Amsterdam, VEON is listed on NASDAQ and Euronext. For more
information visit: https://www.veon.com.
Disclaimer This release contains
“forward-looking statements,” as the phrase is defined in Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended.
Forward-looking statements are not historical facts, and include
statements relating to, among other things, VEON’s strategy and
commercial plans. Forward-looking statements are inherently
subject to risks and uncertainties, many of which VEON cannot
predict with accuracy and some of which VEON might not even
anticipate. The forward-looking statements contained in this
release speak only as of the date of this release. VEON does not
undertake to publicly update, except as required by U.S. federal
securities laws, any forward-looking statement to reflect events or
circumstances after such dates or to reflect the occurrence of
unanticipated events.
Contact Information:
VEON Hande Asik Group Director of Communication
pr@veon.com
TUVA Partners Julian Tanner Julian.tanner@tuvapartners.com
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