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INVESTMENTS, DEBT AND DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about financial instruments [abstract]  
Schedule of financial assets The Company holds the following investments and other financial assets:
In millions of U.S. dollars
June 30,
2026
December
31, 2025
At amortized cost
Indemnity receivable from VEON Amsterdam B.V.
28
40
Other receivables from VEON Amsterdam B.V.
9
Security deposits and cash collateral
91
119
Other investments
42
2
Total investments and derivatives
161
170
Non-current
2
2
Current
159
168
Schedule of financial liabilities The Company holds the following debt and derivative liabilities:
In millions of U.S. dollars
June 30,
2026
December
31, 2025
At fair value
Warrants
49
27
Total at fair value
49
27
At discounted redemption amount
Put option liability
2
2
Total at discounted redemption amount
2
2
At amortized cost
Bonds
28
38
Interest accrued on Bonds
1
2
Lease liabilities
400
374
Loan Note Payable - VEON Amsterdam B.V.
53
57
Other financial liabilities
11
16
Total at amortized cost
493
487
Total debt and derivatives
544
516
Non-current
355
287
Current
189
229