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INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Profit before tax $ 201 $ 161
Non-cash adjustments to reconcile profit before tax to net cash flows    
Depreciation, amortization and impairment loss 126 99
(Gain) / loss on disposal of non-current assets (5) 1
Finance costs 37 39
Finance income (8) (11)
Other non-operating loss, net 21 4
Foreign exchange (gain) / loss, net (11) 13
Changes in trade and other receivables and prepayments 6 2
Changes in trade and other payables 14 20
Changes in provisions, pensions and other 3 2
Interest paid (32) (34)
Interest received 7 3
Income tax paid (28) (34)
Net cash flows from operating activities 331 265
Investing activities    
Purchase of property, plant and equipment (81) (73)
Purchase of intangible assets (39) (29)
Receipts / (payments) for deposits 25 (23)
(Outflow) / inflow from loans granted, net (11) 364
Proceeds from sale of property and equipment and intangible assets 1 0
(Investment in) / receipts from financial assets (43) 30
Acquisition of subsidiaries, net of cash acquired (234) (141)
Net cash flows (used in) / from investing activities (382) 128
Financing activities    
Repayment of debt (11) (585)
Payment of principal portion of lease liabilities (21) (18)
Proceeds from borrowings, net of fees paid 0 7
Investment in shares of VEON Ltd. 0 (22)
Net cash flows used in financing activities (32) (618)
Net decrease in cash and cash equivalents (83) (225)
Net foreign exchange difference (8) 9
Cash and cash equivalents at beginning of period 455 674
Cash and cash equivalents at end of period $ 364 $ 458