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KYIVSTAR GROUP (KYIV)
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Latest Research & News
Kyivstar’s Uklon Launches Marketplace, Starting with Flower Delivery
Uklon, a ride-hailing platform owned by VEON Ltd., has launched Uklon Store, expanding beyond mobility into e-commerce. The service begins with same-day flower deliveries in Kyiv through a marketplace model partnering with independent florists. The expansion leverages Uklon's existing driver network and 5.1 million active users, representing VEON's strategy to deepen customer engagement across its digital ecosystem.
06/11/2026, 7:00 AM • GlobeNewswire
Uklon, a subsidiary of Kyivstar, has launched Uklon Store, an in-app marketplace starting with flowers as the first category in Kyiv. The move represents the company's expansion from ride-hailing into e-commerce, leveraging its existing user base and delivery infrastructure to create new revenue streams and improve monetization.
06/11/2026, 7:00 AM • GlobeNewswire
Uklon, a subsidiary of Kyivstar Group Ltd., has signed a definitive agreement to acquire E-wings, Ukraine's leading electric scooter operator, for UAH 97.6 million (approximately USD 2.2 million). The acquisition is expected to close in Q3 2026 and will integrate E-wings' micromobility services into Uklon's platform, creating a comprehensive urban mobility ecosystem that includes ride-hailing, delivery, advertising, and travel services.
06/05/2026, 4:30 AM • Benzinga
Kyivstar Acquires Six Solar Power Plants, Further Diversifies Energy Sources
Kyivstar Group has acquired six solar power plants in Ukraine's Lviv region with a total installed capacity of 105 MW for UAH 3.6 billion (USD 80.8 million). The acquisition increases Kyivstar's green energy generation capacity to 118 MW, enabling it to produce approximately 30% of its annual electricity consumption. The company plans to supply electricity to Ukraine's unified energy system while hedging its own energy costs.
05/26/2026, 11:30 AM • Benzinga
myGaru technology launches a nationwide cross-telecom identity infrastructure in Ukraine with integrations across Kyivstar, Vodafone Ukraine, lifecell, and Ukrtelecom. The platform enables privacy-preserving data collaboration across operators, advertisers, publishers, and retailers while maintaining national data sovereignty and enabling targeted advertising on global platforms without cross-border data transfers.
05/21/2026, 4:00 AM • GlobeNewswire
Kyivstar Delivers Strong Start to 2026 with Diverse, Profitable Growth
Kyivstar Group reported robust 1Q26 results with total revenue up 26.6% YoY to USD 323 mn and EBITDA rising 23.5% YoY to USD 173 mn. Digital revenues surged 256.6% YoY to USD 67 mn, representing 20.9% of total revenue. The company raised its 2026 outlook, expecting USD revenue growth of 11%-14% and EBITDA growth of 7%-10%. Strategic initiatives include expanded Starlink resale partnership, acquisition of internet provider Shtorm, and consolidation of healthcare platform Tabletki.ua.
05/13/2026, 12:03 AM • GlobeNewswire
Kyivstar Group Ltd. and VEON have completed a $1.3 billion multi-year investment program in Ukraine, exceeding their $1 billion commitment by 30% ahead of schedule. The investments focused on expanding telecommunications infrastructure, digital services, energy resilience, and strategic acquisitions including Uklon, Tabletki.ua, and SUNVIN 11 to strengthen connectivity and support Ukraine's digital transformation during wartime.
04/29/2026, 5:00 AM • GlobeNewswire
VEON and its subsidiary Kyivstar have completed their USD 1 billion investment commitment to Ukraine ahead of schedule, delivering USD 1.3 billion (130% of target) between 2023 and April 2026. Investments focused on network connectivity, energy resilience, satellite services, and strategic acquisitions including ride-hailing platform Uklon and healthcare platform Tabletki.ua, demonstrating confidence in Ukraine's digital future amid ongoing conflict.
04/29/2026, 5:00 AM • GlobeNewswire
Kyivstar Subsidiary Uklon Expands Product Ecosystem with Bus Ticket Purchasing
Kyivstar Group's subsidiary Uklon, Ukraine's largest ride-hailing firm, has launched a new 'Travel' service allowing users to purchase domestic and international bus tickets directly through the Uklon mobile app. The service expands Uklon's ecosystem beyond ride-hailing to include courier delivery and advertising, addressing transportation needs as air travel remains unavailable and railway capacity is strained.
03/25/2026, 6:00 AM • GlobeNewswire
VEON Highlights Uklon’s Expansion into Travel, Strengthening its Mobility Ecosystem in Ukraine
Uklon, Ukraine's leading ride-hailing service and a Kyivstar subsidiary, has launched a new Travel service enabling users to book domestic and international bus tickets within its app. The expansion addresses growing demand for flexible transport options and positions Uklon to capture a larger share of transportation spending. With 3.8 million monthly active users and an annualized revenue run rate exceeding $100 million, Uklon is evolving into a comprehensive one-stop mobility platform.
03/25/2026, 6:00 AM • GlobeNewswire
Kyivstar announced that 5 million customers have connected to its Starlink Mobile satellite network since launching nationwide coverage in November 2025. The integration is being tested under wartime conditions in Ukraine, with over 7 million SMS messages transmitted and successful pilots in financial services, agriculture, and humanitarian sectors. Kyivstar plans to launch light data services in 2026 to support emergency and government services.
03/06/2026, 2:45 PM • GlobeNewswire
Kyivstar Group Board Members Visit Ukraine on the Fourth Anniversary of the Full-Scale War
Board members of Kyivstar Group Ltd., including VEON founder Augie K Fabela II and former US Secretary of State Mike Pompeo, visited Kyiv on February 21-24, 2025 to meet with employees and demonstrate unwavering support for Ukraine. The board reaffirmed commitment to Kyivstar's development strategy, praised the company's resilience in maintaining network operations during the war, and highlighted strong financial results and continued investment plans. The company plans to invest USD 1 billion in Ukraine between 2023-2027.
02/26/2026, 7:00 AM • GlobeNewswire
Kyivstar Group Ltd. Announces Pricing of Secondary Offering of Common Shares
Kyivstar Group Ltd., Ukraine's leading digital operator, announced the pricing of a public offering of 12.5 million common shares at USD 10.50 per share by principal shareholder VEON Amsterdam B.V. and other selling shareholders. The offering is expected to close on February 2, 2026. The company is not selling shares in this offering. Morgan Stanley, Barclays, Cantor, and Rothschild & Co are acting as joint booking-running managers.
01/29/2026, 9:06 PM • GlobeNewswire
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON
Kyivstar Group Ltd., Ukraine's leading digital operator and subsidiary of VEON, announced the pricing of a public offering of 12.5 million common shares at $10.50 per share. The offering, led by VEON Amsterdam B.V. as the principal shareholder, is expected to close on February 2, 2026. Major investment banks including Morgan Stanley, Barclays, Cantor, and Rothschild & Co are managing the offering.
01/29/2026, 8:50 PM • GlobeNewswire
VEON’s Kyivstar Reaches 3.0 million Customers with Starlink Direct to Cell Services
Kyivstar has achieved over 3 million registered users for Starlink Direct to Cell satellite connectivity services since launching on November 24, 2025, representing over 10% of its mobile subscriber base. The service has delivered over 1.2 million SMS messages and has proven particularly vital in Ukraine's southern and eastern regions. Beeline Kazakhstan has also successfully tested the service and plans to introduce it in 2026.
01/15/2026, 7:00 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
Kyivstar Group Ltd. provides a range of mobile communication and broadband services for individual and corporate customers in Ukraine. The company offers a range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, and digital TV; a suite of self-service options; and enterprise solutions, such as Big Data, cloud, and cybersecurity. It also provides voice, data, messaging, and wireless internet services; and corporate internet access, fixed-line telephone, data transmission and fixed-mobile convergence, and internet-TV through FTTB network connections. The company was founded in 1994 and is headquartered in Dubai, the United Arab Emirates. Kyivstar Group Ltd. is a subsidiary of Vimpelcom Amsterdam B.V.
Key Executives
- Olena Ksenich
- Vladislav Radish
- Oleksandr Komarov
- Maciej Bogdan Wojtaszek
- Bruce John Leishman
Current Ownership Distribution
- Other181.6M (78.67%)
- Institutions47.8M (20.69%)
- Insiders1.1M (0.48%)
- Mutual Funds369,822 (0.16%)