VEON Ltd. (NASDAQ:VEON), a global digital operator, announced that at the Tashkent International Investment Forum, Beeline Uzbekistan, VEON's digital operator in Uzbekistan, and DataVolt, a global developer and operator of large-scale data centers, signed two memorandums of understanding (MoUs) to support the development of Uzbekistan's digital infrastructure and accelerate the country's transformation into a regional digital hub.
Under the first MoU, which establishes agreed commercial terms, Beeline Uzbekistan will become a major tenant of DataVolt's flagship Tashkent IT Park data center, TAS-1. Under the second MoU, the two parties also agreed to evaluate the opportunity for collaboration and operation of a potential data center infrastructure project in Bukhara, reflecting a shared ambition to expand digital infrastructure capacity across Uzbekistan.