VEON's Banglalink Wins Top Speed Prize for Third Year in a Row

Amsterdam, 5 September 2022: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and services, today announces that its operating company in Bangladesh, Banglalink, has received the award for the fastest mobile network in Bangladesh for the third year running.

Ookla's Speedtest report found Banglalink to have a Speed Score of 21.56; crowning Banglalink as the leading provider of high-speed internet in Bangladesh. Banglalink has recently rolled out more than 3000 sites across the country and has doubled its spectrum holding through the acquisition of a 40 MHz spectrum, while also recording double-digit revenue growth in Q2, 2022.

VEON is committed to providing the best-in-class connectivity and digital services throughout the countries we operate by increasing our coverage, and quality of our networks. High-speed internet enables economies to grow, empowers our customers, and allows us to provide innovative services as part of our digital operator strategy, explains Kaan Terzioglu, CEO of VEON. Banglalink winning this prestigious award for the third year running, in addition to doubling its spectrum holding, also demonstrates VEON's deep commitment to Bangladesh.

This award recognises both VEON's and Banglalink's commitment to be the best-in-class digital operator, said Erik Aas, CEO of Banglalink. This award is a testament to our tireless work in providing the fastest network speed for our customers alongside our continued investment in Bangladesh's mobile infrastructure. At Banglalink, we are proud to empower our customers to live a digitally connected life.

LINK:	https://www.veon.com/media/media-releases/2022/veon-s-banglalink-wins-...
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