financetom
Business
financetom
/
Business
/
Kyivstar revenue jumps 19.8% as Ukrainians use more digital services
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kyivstar revenue jumps 19.8% as Ukrainians use more digital services
Nov 9, 2025 9:36 PM

Nov 10 (Reuters) - Ukraine's biggest mobile operator

Kyivstar ( KYIV ) reported strong third-quarter revenue growth

on Monday as more Ukrainians used the company's digital

services.

Revenue in the quarter through September rose 19.8%

year-on-year to $297 million (255 million euros).

Kyivstar ( KYIV ) has 23 million mobile subscribers and over 1

million fixed users.

However, the company now generates a significant share

of revenue from what it calls digital services. These platforms

are for TV streaming, ride-hailing, digital advertising and

healthcare.

Revenue from these businesses surged by 526%, accounting

for 11.9% of the group's sales, benefiting from the contribution

of ride-hailing firm Uklon which it agreed to buy in March.

Kyivstar ( KYIV ) became the first Ukrainian company

to list

on a U.S. stock exchange when it went public in August.

The move was

pitched

by its top shareholder Veon as a gateway for American

investors looking to gain exposure to Ukraine's post-war

recovery.

Initial enthusiasm around the listing has given way to

volatility linked to geopolitical events.

Kyivstar's ( KYIV ) market value has edged up 5% since the first

day of trading, reaching $2.8 billion as of last Friday.

(1 euro = $1.1662)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved