Veon lifts 2025 outlook as digital services expand in Pakistan, other key markets

Veon's logo is displayed on a cell phone screen in this undated file photo. (Photo courtesy: ALAMY STOCK)
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Updated 10 November 2025
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Veon lifts 2025 outlook as digital services expand in Pakistan, other key markets

  • Veon expects adjusted earnings before interest, taxes, depreciation and amortization to grow by 16% to 18%, up from previous forecast of 14% to 16%
  • It taps into its mobile subscriber base in Pakistan, Bangladesh, other markets by bundling connectivity with mobile payments, delivery solutions services 

Telecoms group Veon on Monday raised its full-year profit outlook for 2025, citing growing demand for its digital services.

The company now expects adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow by 16 percent to 18 percent, up from its previous forecast of 14 percent to 16 percent, which was revised during the second quarter.

Veon posted third-quarter adjusted EBITDA of $524 million, up 20 percent year-on-year, as revenue grew 7.5 percent to $1.12 billion.

Revenue from direct digital services rose 63 percent year-on-year to $198 million, accounting for about 18 percent of Veon’s total revenue, up from 12 percent in the same period last year.

Veon taps into its mobile subscriber base in markets including Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan by bundling connectivity with services such as mobile payments, ride-hailing, entertainment platforms, and delivery solutions, aiming to enhance profit margins.


Pakistan arrests suspect arriving from Cambodia amid crackdown on human smuggling

Updated 14 December 2025
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Pakistan arrests suspect arriving from Cambodia amid crackdown on human smuggling

  • Suspect worked at an “online fraud company” in Cambodia, later started smuggling people from Pakistan, says FIA
  • Pakistan has intensified crackdown against human smugglers after hundreds of migrants drowned near Pylos in 2023

ISLAMABAD: Pakistan’s Federal Investigation Agency (FIA) on Sunday said it had arrested a key suspect involved in smuggling humans who had arrived from Cambodia, alleging he was also part of an international fraud network. 

The suspect, identified as Zainullah, was arrested by FIA officials when he arrived in the southern port city of Karachi from Cambodia. 

Zainullah had traveled from Pakistan to Cambodia in September 2024, a press release issued by the agency said. 

“He worked at an online fraud company in Cambodia and later became involved as an agent in recruiting individuals from Pakistan,” the FIA said. 

The FIA said it recovered images of multiple individuals’ passports, payment receipts and bank transaction records after extracting data from Zainullah’s phone. 

It said the suspect received money through personal bank accounts and a cryptocurrency account.

“The suspect has been handed over to the FIA Anti-Human Trafficking Circle, Karachi, for further legal proceedings,” the FIA said. 

“Further investigation is underway.”

Pakistan intensified action against illegal migration in 2023 after hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel sank off the Greek town of Pylos, one of the deadliest boat disasters in the Mediterranean. 

Authorities say they continue to target networks sending citizens abroad through dangerous routes, following heightened scrutiny at airports and a series of arrests involving forged documents.

Pakistan’s interior ministry said this week illegal migration to Europe has declined by 47 percent this year after its nationwide crackdown, saying that more than 1,700 human smugglers have been arrested in 2025.