Amsterdam and Hong Kong, 26 September 2017 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, and Hutchison Global Communications Limited (HGC), a leading fixed-line operator, IT service provider and carrier’s carrier, today announced a business collaboration to grow businesses in the enterprise market.

The collaboration will enable VEON and HGC to utilise their international backbone infrastructure, which covers more than 140 countries worldwide, in order to provide multinational customers with their own dedicated Virtual Private Network (VPN) service. The two companies plan to enrich their portfolio of services with phased launches of cloud computing, Software Defined Wide Area Network (SDWAN) and other Information and Communications Technology (ICT) solutions.

To ensure an optimal worldwide customer experience, the two companies will provide a single virtual sales team for B2B services, combining their value proposition, services and procedures.

Eugene Viskovic, Chief Business Officer at VEON, said:

"Our alliance of like-minded companies is determined to improve customer experience by harmonising service and quality. Crucially, this will also allow our multinational clients to save costs by purchasing solutions from a single provider.”

Andrew Kwok, President of International and Carrier Business of HGC, said:

“Combining HGC’s extensive and highly resilient global network and rich experience in serving the enterprise sector, the collaboration with VEON will enable us to accommodate the dynamic telecoms and IT requirements of multinational enterprises with high flexibility.”