VEON and Hutchison Global Communications (HGC) are to provide a VPN for businesses as part of a wider partnership to target the enterprise market.
Initially, the two companies said they would use their international backbone infrastructure, which covers more than 140 countries, to launch a dedicated VPN for multinationals.
“Phased launches” of cloud computing, SD-WAN and other unspecified ICT solutions would follow, they said.
The collaboration also sees the telcos combine their resources to provide a single virtual sales team for B2B services.
VEON, which operates in 13 markets, saw revenues rise 3.7 percent to $2.4 billion in the first six months of the year.
However, it does break not out how it performs in the enterprise space.
Eugene Viskovic, Chief Business Officer at VEON, said: "Our alliance of like-minded companies is determined to improve customer experience by harmonising service and quality.
“Crucially, this will also allow our multinational clients to save costs by purchasing solutions from a single provider.”
Hong Kong-based HGC is part of CK Hutchison Holdings, the owner of mobile operator Three, and provides fixed-line services to residential, enterprise and wholesale customers.
Andrew Kwok, President of International and Carrier Business of HGC, said: “Combining HGC’s extensive and highly resilient global network and rich experience in serving the enterprise sector, the collaboration with VEON will enable us to accommodate the dynamic telecoms and IT requirements of multinational enterprises with high flexibility.”