Core Viewpoint - VEON Ltd. anticipates positive financial performance for 2025, driven by Kyivstar Group's preliminary estimates and strong execution across its operating companies [2]. Group 1: Financial Estimates - Kyivstar Group estimates revenue growth for the year ended December 31, 2025, will range between 24% and 26% year-on-year compared to 2024 [6]. - Adjusted EBITDA growth is also expected to fall within the same range of 24% to 26% year-on-year [6]. - Capex Intensity for the year is projected to be between 29% and 31% [6]. Group 2: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, charitable donations, and strategic acquisitions [4]. Group 3: Company Overview - Kyivstar Group Ltd. is a leading digital operator in Ukraine, providing a wide range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [3]. - VEON serves nearly 150 million connectivity users and over 140 million digital users across five countries, emphasizing technology-driven services that promote economic growth [4].
VEON Notes Kyivstar Group Publication of Selected Full Year 2025 Financial Information