VEON and Kyivstar Launch "Invest in Ukraine NOW!" Campaign in the US

Strategic Insights -

Ukraine's leading digital operator, Kyivstar, has made history by becoming the first and only Ukrainian investment opportunity listed on a U.S. stock exchange, the Nasdaq Stock Market. VEON, Kyivstar's parent company, has kicked off a series of strategic engagements in New York to celebrate this milestone and launch their "Invest in Ukraine NOW!" campaign in the United States. This initiative aims to bring together leading American and Ukrainian businesses for a discussion of Ukraine's reconstruction through public-private partnerships and international investments.

Key Takeaways:

  • Kyivstar has become the first and only Ukrainian investment opportunity listed on the Nasdaq Stock Market, marking a significant milestone for the country.
  • The listing was made possible by VEON, Kyivstar's parent company, which has a global presence in five countries and serves nearly 160 million customers.
  • Kyivstar serves nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers, as well as 13.4 million digital MAUs as of June 30, 2025.
  • The company has reported a 20.9% year-on-year increase in operating revenue in the second quarter of 2025, reaching USD 284 million.
  • Kyivstar operates a growing portfolio of digital services, including Helsi, Ukraine's largest digital healthcare platform with over 29 million registered users, and Kyivstar TV, a leading entertainment and streaming platform.
  • The company has also partnered with leading global technology companies, including announcing the successful testing of direct to cell satellite connectivity with Starlink.
  • VEON and Kyivstar intend to invest USD 1 billion in Ukraine during 2023-2027, through social investments in infrastructure and technological development, charitable donations and strategic acquisitions.
  • The "Invest in Ukraine NOW!" campaign has been launched in the US to bring together American and Ukrainian businesses for discussion of Ukraine's reconstruction through public-private partnerships and international investments.

Statistics:

  • Kyivstar serves nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers.
  • The company has 13.4 million digital MAUs as of June 30, 2025.
  • Kyivstar reported a 20.9% year-on-year increase in operating revenue in the second quarter of 2025, reaching USD 284 million.
  • The company has over 29 million registered users on its digital healthcare platform, Helsi.
  • VEON serves nearly 160 million customers across five countries.

Sources:

  • "VEON Announces Listing of Kyivstar's ADS on the Nasdaq Stock Market" [NASDAQ: VEON]
  • "Kyivstar Rings Nasdaq Opening Bell to Celebrate Listing" [Nasdaq: KYIV; KYIVW]
  • "VEON and Kyivstar Launch 'Invest in Ukraine NOW!' Campaign in the US" [PRNewswire]
  • "Kyivstar's Second Quarter 2025 Results" [Kyivstar Investor Relations]
  • "VEON's 2024 Annual Report on Form 20-F" [SEC: 001-37594]