Kyivstar: A Comprehensive Overview

Kyivstar is a Ukrainian telecommunications company that offers a range of services to its customers. It was founded in 2000 and is a subsidiary of VEON, a global digital communications leader.

Kyivstar provides mobile and fixed-line services, including voice and data communication, as well as internet access. The company has a significant market share in Ukraine and is known for its high-quality services.

Kyivstar's network covers over 99% of Ukraine's territory, making it one of the most extensive mobile networks in the country. This extensive coverage allows customers to stay connected even in rural areas.

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During the Russian invasion of Ukraine, Kyivstar implemented a series of measures to support its customers and the Ukrainian public.

Kyivstar sent over 150 million SMS alerts detailing air-raid procedures and basic first-aid instructions in cooperation with the State Emergency Service of Ukraine.

In the first quarter of 2022, Kyivstar invested UAH 659 million in communication development, a significant effort to ensure the stability of their network.

Thanks to the round-the-clock work of the company's specialists, 95% of the base stations of the telecom network operated normally, despite the challenging circumstances.

Kyivstar built hundreds of new mobile communication facilities and connected 1,150 bomb shelters in various cities of Ukraine to free Internet, making a significant impact on the public's access to communication.

The company provided emergency credit and free communication services to customers, including refugees in neighboring countries, showing their commitment to supporting those in need.

Kyivstar extended business-client payment deadlines and offered some services for free, further demonstrating their support for the Ukrainian public during this difficult time.

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Kyivstar operates in Ukraine, providing a wide range of services to its customers.

The company has a large network of cell towers, covering over 99% of the country's population.

Kyivstar's network is based on the latest technologies, including 4G and 5G.

This ensures fast and reliable internet access for its customers.

Kyivstar has a strong focus on customer service, with a dedicated team available to help with any issues.

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Kyivstar has made a significant move to expand 5G roaming access for Ukraine subscribers, allowing them to use high-speed mobile internet in 15 countries.

These countries include Poland, Romania, Italy, Great Britain, Denmark, Sweden, Finland, Latvia, Lithuania, Estonia, Iceland, Vietnam, Armenia, Moldova, and Egypt.

As of July 21, 2025, Kyivstar subscribers can enjoy 5G services in these countries without any additional configuration or extra costs.

The service is part of Kyivstar's efforts to prepare for the full launch of 5G in Ukraine, which is expected to happen soon.

Currently, almost 3 million subscribers are using the "Roaming like at home" service, which allows them to use their tariff plan abroad in the same way as in Ukraine.

The most active users of this service are those who were in Poland, Germany, the Czech Republic, Romania, and Hungary.

On average, subscribers used 7 GB of mobile internet per month and made over 150 minutes of calls, 85% of which were on the Kyivstar network.

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Kyivstar's CEO, Oleksandr Komarov, emphasizes the importance of providing modern communication technologies to Ukrainians abroad, making their mobile services even more comfortable.

The "Roaming like at home" service is available in 28 countries around the world and is included in over 100 prepaid, contract, and business customer tariffs.

Here are the 28 countries where the service is available:

Kyivstar offers a range of tariffs for its customers, catering to different needs and budgets.

The company has two main groups of tariffs for its subscribers: prepaid and contract-based.

Prepaid tariffs for Kyivstar range from 125 грн / 4 weeks for the "Смачний" plan to 250 грн / 4 weeks for the "ТВОЙ Оптимум" plan.

Contract-based tariffs, on the other hand, start at 135 грн / month for the "ВАШ Старт" plan and go up to 1500 грн / month for the "ВАШ Максимум" plan.

Kyivstar also offers special tariffs for seniors and people with disabilities, including "Дзвінки для батьків" and "Інтернет для батьків".

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Kyivstar's Coverage and Reach is impressive. As of 2021, the company serves around 26.2 million mobile subscribers and over 1.2 million fixed broadband internet customers in Ukraine.

The operator has made significant strides in expanding its 4G network, providing access to 4G services for an impressive 90.3% of the country's population.

In the fourth quarter of 2021, data traffic per subscriber increased to 7.1 GB, a notable rise.

Kyivstar TV service saw a 59.6% increase in subscribers in the fourth quarter of 2021, with a total of 691,000 users across Ukraine.

The company also provides services to over 430,000 users of FTTB internet access.

Kyivstar's Home Internet service is available in 125 cities across Ukraine.

By the end of the first half of 2021, Kyivstar had become the leader in mobile internet speed for the third time in a row, according to Ookla research.

The average download speed in Kyivstar's 4G network increased nearly twice, from 17.9 Mbps in 2018 to 33.2 Mbps in the first half of 2021, the highest among Ukrainian mobile operators.

As of August 2021, Kyivstar's 4G (LTE) network covers 88.75% of Ukraine's population.

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Kyivstar is working on a significant AI project with the Ministry of Digital Transformation of Ukraine. They're developing the country's first Ukrainian-language large language model (LLM).

This LLM is due for release in December 2025, and it's being designed to capture the full range of Ukrainian dialects, terminology, history, and cultural context.

The project aims to ensure that sensitive national data is securely stored and processed within Ukraine, for sectors such as government, defense, healthcare, and financial services.

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Kyivstar's financial performance is impressive, with a total revenue of 28,748 billion hryvnia in 2021. This is a significant increase from previous years.

The company's main source of income comes from mobile services, which generated 26,712 billion hryvnia in revenue, a 12.3% increase from the previous year. This includes a notable 18% growth in mobile internet services, which brought in 16,092 billion hryvnia.

Kyivstar's fixed-line services also saw a significant increase, with revenue rising by 16% to 18,59 billion hryvnia. The company's capital investments without rent and licenses totaled 4,851 billion hryvnia.

Here's a breakdown of Kyivstar's revenue streams:

Financial Indicators are a crucial aspect of any company's performance, and in the case of Kievstar, they're quite impressive. The company's overall revenue for the year was a whopping 28.748 billion hryvnia.

Kievstar's main source of income comes from mobile services, which generated 26.712 billion hryvnia, a 12.3% increase from the previous year. This includes 16.092 billion hryvnia from mobile internet services, a notable 18% growth.

The company's fixed-line services also saw significant growth, with a 16% increase in revenue to 18.59 billion hryvnia.

Here are some key financial indicators for Kievstar:

These financial indicators demonstrate Kievstar's commitment to growth and investment in its services and infrastructure.

Kyivstar made history on August 15, 2025, by becoming the first Ukrainian company to list its shares on a US stock exchange, specifically Nasdaq.

This landmark listing was marked by a ceremony attended by Ukrainian Prime Minister Yulia Svyrydenko, Head of the President's Office of Ukraine Andriy Yermak, and Minister of Economy Oleksii Sobolev.

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Kyivstar is Ukraine's leading digital operator, serving nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers as of June 30, 2025.

The company offers a wide range of connectivity and digital services, including mobile and fixed line voice and data, ride-hailing, e-health, and digital TV, as well as enterprise services like big data, cloud, and cybersecurity solutions.

VEON and Kyivstar believe in the power of the private sector to support Ukraine's reconstruction, and this listing highlights the country's growth potential.

Kyivstar's CEO Oleksandr Komarov discussed the listing on CNBC's Squawk Box, emphasizing that now is the right time for Kyivstar to start trading on Nasdaq.

The message is clear: Ukraine is open for investment, and the time is NOW.

Kyivstar hosted an in-person meeting for investors in New York on August 28th, providing an update on its strategic initiatives, financial performance, and market outlook.

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Kyivstar is a leading telecommunications company in Ukraine, with a wide range of services and a strong presence in the market.

Kyivstar has a large customer base, with over 20 million subscribers as of 2022. This is a testament to the company's ability to provide reliable and affordable services to the Ukrainian people.

The company offers a variety of plans, including prepaid and postpaid options, as well as data-only plans for those who want to stay connected on the go.