AMSTERDAM, Oct. 21, 2019 /PRNewswire/ -- VEON Ltd.
(NASDAQ: VEON) (Euronext Amsterdam: VEON) today announces that
its joint venture company in Kazakhstan, KaR-Tel LLC, operating under the
Beeline brand, has launched a large-scale 5G network trial in
Shymkent, Kazakhstan, as part of
its vision to empower customer ambitions through market-leading
technologies and services.
The end-to-end trial is integrated into Beeline's live mobile
network, making it one of the largest 5G trials to date in
Central Asia. The network
architecture is aligned with the latest 5G release (NSA 3X) and
allows 5G devices to aggregate LTE and 5G radio channels to achieve
higher download speeds. Initial speed tests, using the 3.7 GHz
band, show a downlink speed of 1.0GB per second.
The trial's 5G coverage spreads over thirteen square kilometres,
allowing a number of fixed wireless and mobile use cases to be
tested in real-life conditions, including robotics for industry
applications and virtual reality experiences such as gaming and
360-degree TV streaming. The trial is being led by KaR-Tel LLC in
partnership with Nokia.
Yogesh Malik, VEON's Chief
Technology Officer, commented: "Our 5G trial in Kazakhstan is a further sign that VEON is
embracing a 5G future that provides customers with cutting-edge
technology to empower their personal or business ambitions. This 5G
trial, alongside others in our operating companies, will provide
valuable insights so we can learn, test and evaluate the most
efficient applications of 5G for our customers."
Mikko Lavanti, Head of Central
East & Central Asia at Nokia,
said: "This large-scale trial with our long-standing partner
KaR-Tel LLC is an important step towards the broad deployment of 5G
technology in Kazakhstan and
Central Asia. Real-life testing is
crucial for developing a 5G ecosystem to the benefit of consumers,
industry and the economy. Nokia is enabling this trial with our
end-to-end 5G technology, as well as sharing our experience of more
than 100 technical 5G engagements around the world."
During 2019, KaR-Tel LLC has invested in network modernization
and the expansion of coverage in order to have 5G-ready
infrastructure in Kazakhstan,
ensuring the company can continue to provide its customers with the
latest generation of connectivity services.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider
of connectivity and internet services, headquartered in
Amsterdam. Our vision is to
empower customer ambitions through technology, acting as a digital
concierge to guide their choices and connect them with resources
that match their needs.
For more information visit: http://www.veon.com.
Disclaimer
This release contains "forward-looking statements", as the
phrase is defined in Section 27A of the U.S. Securities Act of
1933, as amended, and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended. Forward-looking statements are not
historical facts, and include statements relating to, among other
things, expectations regarding the 5G trial and 5G-readiness.
Forward-looking statements are inherently subject to risks and
uncertainties, many of which VEON cannot predict with accuracy and
some of which VEON might not even anticipate. The forward-looking
statements contained in this release speak only as of the date of
this release. VEON does not undertake to publicly update, except as
required by U.S. federal securities laws, any forward-looking
statement to reflect events or circumstances after such dates or to
reflect the occurrence of unanticipated events.
VEON CONTACTS
Communications
Kieran
Toohey
pr@veon.com
Tel: +31 20 79 77
200
|
Investor
Relations
Nik
Kershaw
ir@veon.com
Tel: +31 20 79 77
200
|
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SOURCE VEON Ltd