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Kyivstar to go public in landmark New York listing on August 15
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Kyivstar to go public in landmark New York listing on August 15
Aug 14, 2025 2:04 PM

Aug 14 (Reuters) - Ukraine's biggest mobile operator,

Kyivstar, said on Thursday its shares will begin trading on the

Nasdaq on August 15, making it the first Ukrainian company to be

listed on a U.S. stock exchange.

Kyivstar's parent, telecoms group VEON, has pitched this IPO

to attract foreign investors betting on Ukraine's

reconstruction, which hinges on prospects for peace with Russia.

The IPO coincides with a highly anticipated summit

between U.S. President Donald Trump and Russian President

Vladimir Putin in Alaska, a meeting closely watched by Ukraine

and European nations as a potential turning point in peace

negotiations.

Robust activity in the U.S. IPO market has also

encouraged companies to float shares among investors, who have

shown renewed interest in new listings after a slump earlier

this year caused by uncertainty from trade policy changes.

Kyivstar, owned by telecoms group VEON, is the market leader

in Ukraine with more than 24 million subscribers.

Its revenue and profit have risen since Russia's invasion,

despite repeated cyberattacks and power outages.

The company has deepened its U.S. ties during the conflict,

appointing former U.S. Secretary of State Mike Pompeo to its

board and signing a deal with Elon Musk's Starlink for satellite

services.

Rothschild & Co acted as the lead financial advisor and

capital markets advisor to VEON.

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