Kyivstar increases revenue by 9.5%, EBITDA by 9.8% in Q2

Kyivstar, Ukraine’s largest mobile operator, saw its revenue rise by 9.5% in April-June this year compared to April-June 2023, reaching UAH 9.425 billion. In U.S. dollars, revenue grew by 0.4% to $236 million, according to a report by parent company VEON on Thursday. “EBITDA increased by 9.8% YoY in local currency terms (+0.8% YoY in … Read more

VEON increases investments in Ukraine to $1 bln

The parent company of the largest mobile operator in Ukraine, Kyivstar, VEON, on the eve of the recovery conference in Berlin, announced an increase in investment in Ukraine from the current $600 million to $1 billion over five years. “VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine’s digital infrastructure … Read more

Kyivstar cuts its income by 14.1% in Q1 2024 due to implementation of large-scale loyalty program after cyber attack

The largest Ukrainian mobile operator, Kyivstar, saw a 14.1% decrease in revenue to UAH 7.1 billion in January-March due to the implementation of a large loyalty program following an unprecedented cyber attack at the end of 2023, the operator’s press service reported on Thursday. “The company’s total revenue in the first quarter of 2024 decreased … Read more

Ukraine’s largest mobile operator succumbs to major hacker attack

Ukraine’s largest mobile operator Kyivstar was targeted in a powerful cyberattack, causing a technical failure that temporarily disrupted communication services and internet access for millions of Ukrainians, the company announced in a press release on Dec. 12. “To document the circumstances and consequences of the illegal actions interfering with Kyivstar’s network operations, the operator has … Read more

Kyivstar, Vodafone Ukraine agree on sharing of networks to develop 4G in rural areas

The memorandum of intent for the joint use of the passive and active infrastructure of their mobile networks has been signed by the mobile communications operators Kyivstar and Vodafone Ukraine. According to a joint press release of the companies issued on Thursday, sharing telecommunications infrastructure will enable the parties to accelerate the deployment of 4G … Read more

Kyivstar sees 33.1% rise in EBIDTA, 18.3% growth of revenue in Q3 2019

JSC Kyivstar, the mobile communications operator, in July-September 2019 increased general income by 18.3% year-over-year, to UAH 5.828 billion, the company’s press service reported on Monday, referring to its quarterly financial statements. The press service said that over the period Kyivstar increased earnings before interest, taxes, depreciation and amortization (EBITDA) by 33.1%, to UAH 3.772 … Read more

Kyivstar raises EBITDA by 46.8%, revenue by 24.4% in Q2, 2019

JSC Kyivstar mobile operator in April-June 2019 increased its total revenue by 24.4% compared to the same period in 2018, to UAH 5.624 billion, the company’s press service has reported with reference to the quarterly report. According to the report, over the specified period Kyivstar increased its EBITDA by 46.8%, to UAH 3.656 billion, thereby … Read more

Kyivstar plans to provide access to 4G for 75% of Ukrainian population in 2019

The Kyivstar mobile communications operator plans in 2019 to expand the 4G (LTE) mobile communication network, covering the territory of Ukraine where 75% of Ukrainian population lives, President of Kyivstar Alexander Komarov told reporters in Lviv on Saturday. “We invest a lot in expanding coverage, but we invest even more in coverage capacity in order … Read more

Kyvistar to send UAH 2.2 bln to pay dividends for 2011, 2015, 2016

The mobile communications operator Kyivstar will send UAH 2.212 billion to pay dividends for 2011, 2015 and 2016, including UAH 711.858 million for 2011, UAH 1.232 billion for 2015 and UAH 267.798 million for 2016, the company has reported in the information disclosure system of the National Commission for Securities and the Stock Market. The … Read more

NBU authorizes Kyivstar to act as payment infrastructure operator

The National Bank of Ukraine (NBU) has approved the application of StarMoney LLC (Kyiv), the subsidiary of the leading Ukrainian mobile communications operator Kyivstar, and authorized the company to act as an operator of the payment infrastructure, Kyivstar President Peter Chernyshov has said. StarMoney, the 100% subsidiary of Kyivstar, has finally received the status of … Read more