Dubai and Kyiv, 30 December 2024: VEON Ltd (AS:). (Nasdaq: VEON (NASDAQ:)), a worldwide digital operator (VEON or VEON Group), immediately declares that Kyivstar, its digital operator in Ukraine, has signed an settlement with Starlink, a division of SpaceX, to introduce groundbreaking direct-to-cell satellite tv for pc connectivity in Ukraine.

Upon its launch, the service will make Ukraine one of many first international locations to have the game-changing Starlink direct-to-cell service, enhancing the resilience of the nation’s connectivity panorama. Kyivstar anticipates launching Starlink direct-to-cell companies with SMS and OTT messaging performance within the fourth quarter of 2025 for Kyivstar prospects, and plans to increase to voice and knowledge in later levels.

Kyivstar has finished an incredible job in investing in Ukraine’s 4G connectivity, increasing protection to distant areas and growing the power resilience of its community. In the present day’s announcement helps us take our dedication to Ukraine’s connectivity to the following stage, exponentially amplifying the resilience of our companies with satellite tv for pc connectivity. We’re excited to work with Starlink to make Ukraine one of many main international locations on this planet to have direct-to-cell companies, and we look ahead to exploring the alternatives throughout our markets which might be house to 520 million folks, stated Kaan Terzioglu, VEON Group CEO.    

Kyivstar has been the spine of Ukraine’s resilience all through the struggle, and we’re dedicated to leaving no stone unturned to maintain Ukraine related.  Our collaboration with Starlink is a game-changer in our journey in the direction of reaching our ˜LTE in all places’ ambition. We’re humbled to be the operator that serves its buyer with distinctive companies, and the corporate that brings the invaluable capabilities of worldwide expertise giants to the folks of Ukraine by our worldwide partnerships, stated Oleksandr Komarov, Kyivstar CEO.

With its dedication to increasing 4G protection to distant areas of Ukraine and sustaining the resilience of connectivity and digital companies throughout power blackouts, Kyivstar has invested considerably in its 4G community, spectrum and power redundancy because the starting of the struggle.   With entry to Starlink direct-to-cell expertise, Kyivstar prospects will profit from satellite-powered connectivity even when the terrestrial community is unable to service an space.

VEON, Kyivstar’s mother or father firm, has invested greater than USD 10 billion in Ukraine since 2013 and has dedicated USD 1 billion to the nation’s restoration and reconstruction from 2023 by 2027. VEON, by Kyivstar, was named the highest worldwide investor in Ukraine for 2022 and 2023 by Forbes Ukraine and NV Ukraine.

VEON’s pioneering spirit has at all times put us on the forefront of serving the underserved in frontier markets. Working with Starlink, we’ll now leverage house expertise to bridge the connectivity gaps to increase our attain far past the present 160 million folks we serve. This settlement marks a transformative 12 months for VEON, from relocating our headquarters to Dubai to focusing all our buying and selling on Nasdaq in New York and in the end to reinforcing our dedication to innovation and development within the areas that want it probably the most stated Augie Ok Fabela II, Chairman and Founding father of VEON.

About KyivstarKyivstar is the biggest telecoms operator in Ukraine with over 23 million cell subscribers and over 1 million house web subscribers. As Ukraine’s market-leading operator, the corporate has maintained community availability of above 90% on common since February 2022, supporting the connectivity of not solely its personal prospects but additionally the broader Ukrainian inhabitants. Kyivstar is 100% owned by the VEON Group.

About VEONVEON is a Nasdaq-listed digital operator headquartered in Dubai that gives connectivity and digital companies to just about 160 million prospects.  Working throughout six international locations which might be house to greater than 7% of the world’s inhabitants, VEON is remodeling lives by technology-driven companies that empower people and drive financial development. For extra info go to:  www.veon.com

Disclaimer  This launch accommodates forward-looking statements, because the phrase is outlined in Part 27A of the U.S. Securities Act of 1933, as amended, and Part 21E of the U.S. Securities Trade Act of 1934, as amended. Ahead-looking statements aren’t historic info, and embody statements regarding, amongst different issues, VEON’s expertise technique, business plans and partnerships. Ahead-looking statements are inherently topic to dangers and uncertainties, lots of which VEON can not predict with accuracy and a few of which VEON won’t even anticipate. The forward-looking statements contained on this launch communicate solely as of the date of this launch. VEON doesn’t undertake to publicly replace, besides as required by U.S. federal securities legal guidelines, any forward-looking assertion to replicate occasions or circumstances after such dates or to replicate the incidence of unanticipated occasions.  

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