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VEON and Kyivstar to Mark Historic Listing with Nasdaq Opening Bell and to Launch “Invest in Ukraine NOW!” Campaign in the U.S.
Globenewswire· 2025-08-27 20:55
Core Insights - VEON Ltd. and Kyivstar are launching the "Invest in Ukraine NOW!" campaign in the U.S. to celebrate Kyivstar's listing on Nasdaq, marking a significant milestone for Ukrainian investment opportunities [1][2][4] - Kyivstar began trading on Nasdaq on August 15, becoming the first Ukrainian company listed on a U.S. stock exchange, with plans to ring the opening bell on August 29 [2][3] - The campaign aims to foster discussions on Ukraine's reconstruction through public-private partnerships and international investments, involving key stakeholders from both Ukrainian and American business communities [2][4] Company Overview - Kyivstar serves nearly 22.4 million mobile customers and over 1.1 million home internet customers, with 13.4 million digital monthly active users as of June 30, 2025 [4][6] - In Q2 2025, Kyivstar reported operating revenue of USD 284 million, reflecting a 20.9% year-on-year increase [4] - The company operates a diverse portfolio of digital services, including healthcare, entertainment, and ride-hailing platforms, and plans to invest USD 1 billion in Ukraine from 2023 to 2027 [4][6] Strategic Partnerships - Kyivstar has partnered with global technology companies, including Starlink, to enhance connectivity services in Ukraine, with a commercial launch planned for Q4 2025 [5][6] - The company aims to strengthen its position as a leading digital operator while contributing to Ukraine's resilience and reconstruction efforts [4][5]