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Kyivstar Rings Opening Bell at Nasdaq Marking Landmark Listing and Highlighting Ukraine’s Investment Case
VEON .VEON .(US:VEON) Globenewswire·2025-08-29 20:35

Core Viewpoint - VEON Ltd. and its subsidiary Kyivstar have successfully listed Kyivstar on the Nasdaq, marking a significant milestone for Ukrainian businesses and highlighting investment opportunities in Ukraine's reconstruction [1][2][3] Company Overview - 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 [7] - The company provides a wide range of services, including 4G, big data, cloud solutions, cybersecurity, and digital TV [7] - VEON and Kyivstar plan to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, charitable donations, and strategic acquisitions [7] Industry Engagement - The opening bell ceremony was attended by key Ukrainian officials and marked Kyivstar's historic listing as the first Ukrainian company on a U.S. stock exchange [2][3] - Prior to the ceremony, VEON and Kyivstar hosted an investor meeting with over 160 participants and the "Invest in Ukraine, NOW!" U.S.-Ukraine Business Symposium, discussing investment opportunities in Ukraine [4] Strategic Importance - The listing is seen as a demonstration of Ukraine's resilience and growth potential, aiming to attract global investors [3][4] - VEON's leadership emphasized the importance of Kyivstar's listing as a way to showcase Ukraine's commitment to growth and to create value for stakeholders [3]