• VEON's Ukrainian operator Kyivstar is to acquire cloud infrastructure provider GigaCloud in a transaction valued at up to USD 50 million.
• GigaCloud serves more than 1,800 enterprise customers and will become a Kyivstar subsidiary upon completion.
• The acquisition expands Kyivstar's enterprise cloud services, supporting its shift from telecommunications to a broader digital technology business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VEON Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290628PRIMZONEFULLFEED1001280625) on October 29, 2026, and is solely responsible for the information contained therein.