VEON’s Kyivstar and Amazon Web Services Sign Memorandum of Cooperation to Support the Development of Ukrainian Businesses
December 04 2023 - 6:00AM
VEON’s Kyivstar and Amazon Web Services Sign Memorandum of
Cooperation to Support the Development of Ukrainian Businesses
Amsterdam and Kyiv, 4 December 2023: VEON Ltd. (NASDAQ:
VEON, Euronext Amsterdam: VEON), a global digital operator that
provides converged connectivity and online services, announces that
Kyivstar, its subsidiary in Ukraine,will partner with Amazon Web
Services (AWS) to support Ukrainian businesses with the next
generation of cloud and cloud infrastructure services and expertise
in data-processing.
As part of the Memorandum of Cooperation that the parties have
signed, Kyivstar, as an AWS Partner, will provide its business
clients with accelerated cloud migration of applications,
computing, and data storage solutions, along with enhanced security
measures through a range of AWS technologies-based services, as an
AWS Partner. These include
- Analytics in AWS Cloud: Kyivstar will offer AWS solutions for
data processing and analysis, reporting, and modeling.
- Infrastructure Cloud Migration: Kyivstar will assist customers
in migrating their infrastructure to AWS, enabling them to achieve
greater efficiency and scalability of their IT infrastructure.
- Security: Ensuring data security and protection against cyber
threats in AWS.
Furthermore, the companies will jointly discuss, evaluate, and
identify opportunities for cooperation on a number of initiatives,
including a potential transition of Kyivstar's Data Management
Platform (DMP) to the AWS.
“Our collaboration with AWS demonstrates our long-term
commitment to Ukraine. Now is the time to invest in the rebuilding
of the country and we are delighted that Amazon will be our partner
in this collaboration through its partnership with Kyivstar. This
is an important milestone in our pledge to build a stronger Ukraine
when we committed to investing $600 million over the next three
years.” said Kaan Terzioglu, CEO of VEON.
“The cooperation with AWS confirms Kyivstar's long-standing
position of a technology and innovation leader in the Ukrainian
market. Kyivstar serves more than half of the B2B market in Ukraine
and have put a tremendous effort to supporting its business
customers over the course of the war. Our partnership with Amazon
Web Services is a significant step for the development of Ukrainian
business and its integration into the international environment”,
said Oleksandr Komarov, President of Kyivstar.
“AWS and Amazon have been supporting Ukraine by helping more
than 350 organizations involved in the humanitarian response, while
also protecting the digital infrastructure of Ukrainian government
authorities, universities, and businesses. We are pleased to be
signing the Memorandum of Cooperation with Kyivstar and we look
forward to supporting their digital transformation and strategic
move to cloud”, said Andrzej Horawa, Central and Eastern
European Enterprise Leader at AWS.
Kyivstar's expertise in AWS products, Data Science,
Cybersecurity and analytics will allow the company to offer a
diverse range of high-quality professional services to its existing
and potential business clients to help them diversify and minimize
potential business risks. AWS supports establishing and developing
such practices, by providing education guidance, best practices
sharing and dedicated workshops.
About VEONVEON 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
About Kyivstar:Kyivstar is the largest telecoms operator
in Ukraine with 24.3 million mobile subscribers and over 1.1
million home internet subscribers. The company provides services
based on mobile and fixed-line technologies, including 4G, as well
as innovative services such as Big Data, IoT, cloud solutions,
digital TV, digital health and others. The company provides the
highest average speed of mobile data transmission among Ukrainian
mobile operators. Kyivstar is 100% owned by the international VEON
Group, headquartered in the Netherlands and listed on NASDAQ and
Euronext Amsterdam stock exchanges. For more information visit
www.kyivstar.ua.
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
offerings. 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 AsikGroup Director of
Communication pr@veon.com
TUVA PartnersJulian TannerJulian.tanner@tuvapartners.com
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