Kyivstar completes $1.3 billion Ukraine investment program ahead of schedule

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Kyivstar and VEON Fulfill Commitment to Invest $1 Billion Investment Program in Ukraine, Exceeding Target by 30%

April 29, 2026 5:00 AM EDT

DUBAI, United Arab Emirates and KYIV, Ukraine and NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Kyivstar Group Ltd (Kyivstar) (Nasdaq: KYIV; KYIVW), the parent company of JSC Kyivstar, Ukraines leading digital operator and part of VEON Group (Nasdaq: VEON), announced the completion of a multi-year investment program in Ukraine totaling $1.3 billion, exceeding its 2023-2027 investment commitment by 30 percent ahead of schedule. The investment program expanded Ukraines telecommunications infrastructure, digital services ecosystem and energy resilience capabilities.

Kyivstars investments been focused on safeguarding and expanding Ukraines connectivity backbone while enhancing resilience... More