Tuesday, 12 December 2017

Veon names new CFO, warns of earnings hit in Uzbekistan

By Mary Lennighan, Total Telecom
Friday 15 September 17

Telco group says revenues, EBITDA will be hurt by Uzbekistan currency devaluation, alters guidance; announces arrival of Trond Westlie

Veon on Friday revealed that it will welcome a new CFO later this year in Trond Westlie, a former Telenor finance chief, and warned that Uzbekistan's recent decision to devalue its currency will have a negative impact on its revenues and earnings in the country to the tune of hundreds of millions of dollars…

Veon on Friday revealed that it will welcome a new CFO later this year in Trond Westlie, a former Telenor finance chief, and warned that Uzbekistan's recent decision to devalue its currency will have a negative impact on its revenues and earnings in the country to the tune of hundreds of millions of dollars…

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