Veon CEO Warns Fuel Shortages Threaten Networks
Veon chief executive Kaan Terzioglu said fuel shortages pose the biggest threat to business operations rather than rising prices. The telecom group also raised its 2026 revenue growth forecast following strong third quarter results.
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VEON LTD CEO Kaan Terzioglu said fuel shortages pose a bigger threat than rising prices, cutting data use 15% in Bangladesh. The Dubai-based telecoms group lifted its 2026 revenue growth forecast to between 16% and 18% in US dollar terms. Digital businesses are driving the expansion, offsetting core mobile pressures across international markets.
