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SIGNIFICANT TRANSACTIONS - Global Telecom Holding S.A.E mandatory tender offer (Details) $ in Millions |  |  |  | 12 Months Ended
--- | --- | --- | --- | ---
Nov. 08, 2017 ج.م. / shares shares | Feb. 21, 2017 | Feb. 20, 2017 | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($)
Investments in subsidiaries |  |  |  |  |
Financial assets |  |  |  | $ 1,164 | $ 496
Global Telecom Holding S.A.E |  |  |  |  |
Investments in subsidiaries |  |  |  |  |
Outstanding shares, which are not owned by VEON | shares | 1,997,639,608 |  |  |  |
Percentage of interest in subsidiary |  | 57.69% | 51.92% | 57.70% | 51.90%
VEON Holdings B.V. |  |  |  |  |
Investments in subsidiaries |  |  |  |  |
Percentage of interest in subsidiary | 42.31% |  |  | 100.00% | 100.00%
Proposed offer price | ج.م. / shares | ج.م. 7.90 |  |  |  |
Cash pledged as collateral | Global Telecom Holding S.A.E |  |  |  |  |
Investments in subsidiaries |  |  |  |  |
Financial assets |  |  |  | $ 987 |

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