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VEON Partners with Astrum IT Academy to Deliver IT Education in Uzbekistan

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AI and Big Data Analytics Training to be Offered by VEON at New Tertiary Education Institute as Part of Digital Uzbekistan-2030 Programme

AMSTERDAM, Nov. 9, 2021 /PRNewswire/ — VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a number one world supplier of connectivity and web providers, has signed a Memorandum of Understanding to turn into an official associate of Bilim Tech, a number one ed-tech firm in Uzbekistan, to launch the Astrum IT Academy, a brand new tertiary stage schooling institute based mostly in the Tashkent area.

The Academy will likely be constructed as a part of an initiative by the Government of Uzbekistan and can educate 2,000 IT college students per 12 months with a give attention to AI software program programming and massive knowledge analytics and Software Engineering. The Astrum IT Academy is a core element of Uzbekistan’s Digital 2030 programme that seeks to provoke technology-led financial progress inside the nation.

VEON will likely be supporting the Astrum IT Academy via academic providers the place main VEON IT specialists will ship lectures and run programs for college students. VEON can even assist college students develop superior IT expertise by participating in actual life AI and massive knowledge tasks. Educational programmes will embody the event of options based mostly on anonymised knowledge and reside telco datasets underneath the supervision of VEON senior engineers.

Students on the academy can even profit from internships at Beeline Uzbekistan and the chance to work inside different VEON working corporations. The new Astrum partnership follows VEON’s present engagement with schooling in Uzbekistan, the place Beeline Uzbekistan offers gear and help for secondary colleges.

“Education, and particularly digital schooling, is a core route to the reinvention of economies for the twenty first century,” explains George Held, VEON’s Chief of Staff. “Uzbekistan is very bold and nicely organised in its pursuits of a digitally educated workforce that may transition the nation in the direction of a brand new financial future. VEON’s partnership with Astrum is mutually useful; we will share our experience, data and knowledge with these proficient college students, and so they present us with a supply of extremely educated pc scientists and knowledge specialists to help our enterprise in Uzbekistan and different international locations.”

In collaboration with VEON, the Astrum IT Academy will educate 400 college students in every group over a three-year programme. All college students will likely be offered with entry to the most recent know-how and taught in a purpose-built facility. Each cohort will likely be divided between AI software program programming specialisation and Big Data analytics programs with the very best reaching college students being supplied internships and long-term employment by VEON, with up to 10% anticipated to be part of the corporate in future years.

“The demand for software program engineers has surged in Uzbekistan in latest years, following incentives created by Uzbek Government for IT corporations.” says founding father of Astrum IT Academy Botir Arifdjanov, tech entrepreneur who began investing into ed-tech.

“We are bringing to Uzbekistan new know-how of IT schooling based mostly on AI and peer-to-peer strategy, collectively with our companions from Silicon Valley. And our cooperation with VEON will assist our college students to have sensible insights and coaching of business leaders in AI and Big-Data”

The partnership with the Uzbekistan Government to educate college students on the Astrum IT Academy builds on VEON’s present schooling commitments in different international locations the place it has working corporations. In Russia and the Ukraine, VEON helps know-how schooling via the Beeline University, the place college students are offered with fashionable IT instruments, have interaction in actual duties and have entry to actual datasets. VEON additionally helps literacy programmes in a number of international locations with over 274,000 individuals.

About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed world supplier of connectivity and digital providers. Our corporations are remodeling existence via technology-driven providers that empower alternative in a number of the world’s fastest-growing rising markets. For extra info, go to: https://www.veon.com

About Astrum IT Academy

Astrum IT Academy offers high-quality coaching applications, designed to meet the business’s evolving IT wants, with a peer-to-peer studying surroundings. IT Academy college students are skilled by an modern program that meets Silicon Valley requirements. The idea of the mission is aimed toward specializing in in-depth instructing of pc programming, thereby contributing to the event of upper schooling and ICT, and enhance employment fee in the Republic of Uzbekistan. For extra info, go to: www.astrum.uz

Disclaimer
This launch comprises “forward-looking statements”, because the phrase is outlined 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 should not historic details, and embody statements relating to, amongst different issues, expectations relating to administration’s schooling commitments in Uzbekistan. Forward-looking statements are inherently topic to dangers and uncertainties, lots of which VEON can’t predict with accuracy and a few of which VEON won’t even anticipate. The forward-looking statements contained in this launch converse solely as of the date of this launch. VEON doesn’t undertake to publicly replace, besides as required by U.S. federal securities legal guidelines, any forward-looking assertion to mirror occasions or circumstances after such dates or to mirror the incidence of unanticipated occasions.

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