XML 40 R23.htm IDEA: XBRL DOCUMENT
v3.26.1

INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2025
Disclosure of detailed information about intangible assets [abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETS The following table summarizes the movement in the net book value of intangible assets for the years ended December 31:
Net book value | Telecommuni-cation licenses, frequencies & permissions | Software | Brands and trademarks | Customer relationships | Other intangible assets | Goodwill | Total
As of January 1, 2024 | 1,026 |  | 193 |  | 4 |  | 42 |  | 5 |  | 349 |  | 1,619 |
Additions | 35 |  | 52 |  | — |  | 2 |  | 81 |  | — |  | 170 |
Disposals | — |  | (4) |  | — |  | — |  | (1) |  | — |  | (5) |
Amortization charge for the year | (125) |  | (63) |  | (2) |  | (6) |  | (3) |  | — |  | (199) |
Divestment and reclassification as held for sale | (4) |  | (8) |  | — |  | — |  | — |  | — |  | (12) |
Transfer and reclassification | — |  | 58 |  | — |  | — |  | (60) |  | 6 |  | 4 |
Translation adjustment | (29) |  | (18) |  | (1) |  | (2) |  | — |  | (17) |  | (67) |
As of December 31, 2024 | 903 |  | 210 |  | 1 |  | 36 |  | 22 |  | 338 |  | 1,510 |
Acquisitions | — |  | 8 |  | 18 |  | 32 |  | — |  | 116 |  | 174 |
Additions | 1 |  | 125 |  | — |  | — |  | 23 |  | — |  | 149 |
Disposals | — |  | (1) |  | — |  | — |  | — |  | — |  | (1) |
Amortization charge for the year | (132) |  | (79) |  | (2) |  | (6) |  | (5) |  | — |  | (224) |
Divestment and reclassification as held for sale * | — |  | — |  | — |  | — |  | — |  | (58) |  | (58) |
Transfer and reclassification | (2) |  | 22 |  | 1 |  | — |  | (17) |  | — |  | 4 |
Translation adjustment | (9) |  | 1 |  | — |  | (1) |  | 1 |  | 3 |  | (5) |
As of December 31, 2025 | 761 |  | 286 |  | 18 |  | 61 |  | 24 |  | 399 |  | 1,549 |
Cost | 1,851 |  | 783 |  | 174 |  | 279 |  | 41 |  | 1,122 |  | 4,250 |
Accumulated amortization and impairment | (1,090) |  | (497) |  | (156) |  | (218) |  | (17) |  | (723) |  | (2,701) |
* This relates to the sale of Deodar as explained in Note 11—Significant transactions. During 2025 and 2024, there were no material changes in estimates related to intangible assets. Intangible assets include assets in use in the amount of nil (2024: US$17), which were not yet paid for as of year-end. GOODWILL During the year, the movement in goodwill for the Group, per CGU, consisted of the following:
CGU* | December 31, 2025 | Translation and other adjustment | Acquisitions *** | Divestments *** | December 31, 2024
Pakistan | 123 |  | (2) |  | — |  | (58) |  | 183 |
Kazakhstan | 117 |  | 5 |  | — |  | — |  | 112 |
Ukraine | 19 |  | (2) |  | 7 |  | — |  | 14 |
Uzbekistan | 31 |  | 2 |  | — |  | — |  | 29 |
Uklon ** | 109 |  | — |  | 109 |  | — |  | — |
Total | 399 |  | 3 |  | 116 |  | (58) |  | 338 |
* There is no goodwill allocated to the Bangladesh CGU. ** Uklon, acquired in Q2 2025 has been identified as a separate CGU within the Ukraine operating segment. *** For acquisitions and divestments, refer to Note 11—Significant transactions for further details.
CGU* | December 31, 2024 | Translation adjustment | Transfer and reclassification | December 31, 2023
Pakistan | 183 |  | 4 |  | — |  | 179 |
Kazakhstan | 112 |  | (17) |  | — |  | 129 |
Ukraine | 14 |  | (2) |  | 6 |  | 10 |
Uzbekistan | 29 |  | (2) |  | — |  | 31 |
Total | 338 |  | (17) |  | 6 |  | 349 |
* There is no goodwill allocated to the Bangladesh or Kyrgyzstan CGUs. COMMITMENTS Capital commitments for the future purchase of intangible assets are as follows as of December 31:
|  | 2025 | 2024
Less than 1 year |  | 19 | 15 |
Between 1 and 5 years |  | 7 | — |
Total commitments |  | 26 | 15 |
ACCOUNTING POLICIES Intangible assets acquired separately are carried at cost less accumulated amortization and impairment losses. Intangible assets with a finite useful life are generally amortized with the straight-line method over the estimated useful life of the intangible asset. The amortization period and the amortization method for intangible assets with finite useful lives are reviewed at least annually and fall within the following ranges:
Class of intangible asset | Useful life
Telecommunications licenses, frequencies and permissions | 3—20 years
Software | 3—10 years
Brands and trademarks | 3—15 years
Customer relationships | 10—21 years
Other intangible assets | 4—10 years
Goodwill is recognized for the future economic benefits arising from net assets acquired that are not individually identified and separately recognized. Goodwill is not amortized but is tested for impairment annually and as necessary when circumstances indicate that the carrying value may be impaired. See Note 13—Impairment of assets of these consolidated financial statements for further details. SOURCE OF ESTIMATION UNCERTAINTY Refer also to Note 14—Property and equipment of these consolidated financial statements for further details regarding source of estimation uncertainty. Depreciation and amortization of non-current assets Estimates in the evaluation of useful lives for intangible assets include, but are not limited to, the estimated average customer relationship based on churn, the remaining license or concession period and the expected developments in technology and markets. The actual economic lives of intangible assets may be different than estimated useful lives, thereby resulting in a different carrying value of intangible assets with finite lives. We continue to evaluate the amortization period for intangible assets with finite lives to determine whether events or circumstances warrant revised amortization periods. A change in estimated useful lives is a change in accounting estimate, and depreciation and amortization charges are adjusted prospectively.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfIntangibleAssetsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of intangible assets and goodwill. [Refer: Intangible assets and goodwill] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Note Expiry date 2027-01-01 -Name IAS -Number 1 -IssueDate 2025-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2025-en-b&anchor=para_10_e&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration