Introduction to Kyivstar
Kyivstar Group is Ukraine's leading digital operator, serving nearly 22 million mobile customers and over 1.2 million home internet fixed line customers as of December 31, 2025. In addition to mobile and fixed line connectivity, Kyivstar Group provides digital services including ride-hailing, online healthcare and digital TV for consumers, as well as big data, cloud solutions and cybersecurity for enterprises. Together with its parent company VEON, Kyivstar Group has committed to investing USD 1 billion in Ukraine during 2023-2027, through investments in infrastructure and technological development, charitable donations and strategic acquisitions. Kyivstar Group is listed on Nasdaq under the ticker KYIV and is the first Ukrainian investment opportunity to trade on a US stock exchange.
The company serves over 22 million mobile subscribers and over 1.2 million broadband subscribers as of December 2025. In 2025, Kyivstar generated USD 1,157 million in revenue. Its operations are underpinned by stable cash flows, a strong balance sheet, and conservative financial management.
Financial highlights FY2025
- USD 1,157 mn — revenue
- USD 456 mn — cash, cash equivalents and deposits
Digital operator highlights FY2025
- Digital now almost 11% of revenue
- 2.5 mn — Kyivstar TV monthly users in December 2025
- 160 mn — Uklon rides in 2025
- 57,000 — paying customers for Helsi premium services
Customer and network highlights FY2025
- 22 mn — mobile subscribers
- 1.2 mn — broadband subscribers
- 7.3 mn — multiplay (mobile + digital) customers
Leadership and growth strategy
Under the leadership of President Oleksandr Komarov, Kyivstar has shown resilience amid full-scale war, actively developing infrastructure and introducing innovative digital solutions. The company is undergoing transformation from a traditional telecom provider into a full-fledged digital ecosystem.
News Releases
