Kyivstar partners with Starlink to offer satellite broadband services to Ukrainian businesses and public institutions, enhancing connectivity.
Quiver AI Summary
VEON Ltd. announced an expanded collaboration with Kyivstar, Ukraine's leading digital operator, to provide Starlink's broadband internet services to businesses and public sector institutions in Ukraine. This partnership allows Kyivstar to resell Starlink Kits and high-speed internet directly, enhancing its digital service offerings and enabling comprehensive connectivity solutions for various sectors, such as education and healthcare. By integrating Starlink's satellite services with its existing terrestrial networks, Kyivstar positions itself as Ukraine's sole provider of a fully integrated connectivity stack, aimed at improving internet access in remote areas. This collaboration reflects Kyivstar's commitment to innovation and resilience in supporting Ukrainian businesses amidst challenging conditions.
Potential Positives
- Kyivstar has expanded its collaboration with Starlink, allowing it to resell Starlink broadband internet services and hardware, thus enhancing its service portfolio.
- This partnership positions Kyivstar as the only provider in Ukraine capable of offering a fully integrated, multi-layer connectivity stack, significantly improving its competitive advantage.
- The agreement will help address coverage gaps in remote or under-served areas in Ukraine, making reliable internet access more available for businesses and public institutions.
- This collaboration reinforces VEON's strategic goals of transformation into a digital operator while providing long-term value to stakeholders through innovative services.
Potential Negatives
- VEON's reliance on partnerships, such as with Starlink, raises concerns about its ability to maintain operational independence and control over its service offerings.
- The mention of numerous risks and uncertainties in forward-looking statements may signal potential vulnerabilities in VEON's strategic ambitions and overall stability.
- The focus on Kyivstar's transformation into an asset-light digital operator might suggest potential challenges in generating revenue or managing physical infrastructure, which could impact long-term profitability.
FAQ
What is the new collaboration between Kyivstar and Starlink?
Kyivstar has expanded its partnership with Starlink to resell broadband internet services and hardware for businesses and public sector institutions in Ukraine.
How will this partnership benefit Ukrainian businesses?
This partnership provides Ukrainian businesses with access to high-speed internet through Starlink, enhancing connectivity in remote and challenging environments.
What types of institutions can purchase Starlink services through Kyivstar?
Schools, universities, hospitals, and community clinics in Ukraine can purchase Starlink services and hardware through Kyivstar.
What makes Kyivstar a unique provider in Ukraine?
Kyivstar is the only provider in Ukraine offering a fully integrated, multi-layer connectivity stack by combining Starlink and its existing networks.
What are the future plans for Kyivstar and Starlink's collaboration?
Both companies plan to develop joint offerings that combine Starlink's satellite services and Kyivstar's core telecom services for comprehensive solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VEON Hedge Fund Activity
We have seen 49 institutional investors add shares of $VEON stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 390,294 shares (+66.5%) to their portfolio in Q4 2025, for an estimated $20,517,755
- HELIKON INVESTMENTS LTD removed 168,416 shares (-32.8%) from their portfolio in Q4 2025, for an estimated $8,853,629
- MACKENZIE FINANCIAL CORP removed 138,781 shares (-50.3%) from their portfolio in Q4 2025, for an estimated $7,295,717
- PANVIEW CAPITAL LTD added 101,906 shares (+24.7%) to their portfolio in Q4 2025, for an estimated $5,357,198
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 68,008 shares (+inf%) to their portfolio in Q4 2025, for an estimated $3,575,180
- PICTET ASSET MANAGEMENT HOLDING SA removed 63,956 shares (-28.3%) from their portfolio in Q1 2026, for an estimated $2,961,162
- TWO SIGMA INVESTMENTS, LP removed 61,581 shares (-22.3%) from their portfolio in Q4 2025, for an estimated $3,237,313
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Full Release
Starlink expands connectivity solutions for Ukrainian businesses and strengthens Kyivstar’s digital infrastructure offerings
Dubai, Kyiv and New York, May 06, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator, announced today that Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW, “Kyivstar”), Ukraine’s leading digital operator, has expanded its collaboration with Starlink with an agreement to resell Starlink broadband internet services and hardware for businesses and public sector institutions, such as schools, universities, hospitals, and community clinics in Ukraine. This new collaboration builds on Kyivstar’s existing cooperation with Starlink Mobile to provide direct-to-device satellite connectivity for Kyivstar customers with 4G smartphones in Ukraine.
Starlink Performance Kit. Source: Starlink
The agreement broadens Kyivstar’s portfolio of advanced digital services and enables Ukrainian businesses to purchase Starlink Kits and high-speed internet services from Starlink directly through Kyivstar. By adding Starlink’s high-speed internet to its existing terrestrial mobile and fixed networks, Kyivstar becomes Ukraine's sole provider capable of offering businesses a fully integrated, multi-layer connectivity stack. This will help close coverage gaps in remote or infrastructure-constrained environments where reliable high-speed internet is both scarce and commercially valuable.
“This collaboration marks another important milestone in Kyivstar’s transformation into an asset-light digital operator. By adding new services from the world's most advanced satellite network into its own offering to give Ukrainian businesses something no other provider can, Kyivstar has once again demonstrated its leadership in innovative connectivity solutions,” said VEON Chief Executive Officer Kaan Terzioglu. “With combined Starlink and terrestrial network services available, Kyivstar is creating differentiated offerings that enhance business resilience and operational continuity, which are strategic priorities that drive long-term value for all stakeholders.”
“This important step expands opportunities for Ukrainian businesses. We are creating a convenient and transparent channel for purchasing Starlink Kits and subscriptions from Starlink to enable stable connectivity in the most challenging conditions,” said Oleksandr Komarov, Chief Executive Officer of Kyivstar. “This strengthens the resilience and efficiency of Ukrainian companies. In addition, we plan to develop joint offerings that combine Starlink’s satellite services with Kyivstar’s core telecom services, providing businesses comprehensive solutions backed by high reliability and support.”
About VEON
VEON is a digital operator that provides connectivity and digital services over 150 million connectivity and more than 205 million digital users. Operating across five countries that are home to more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit:
https://www.veon.com
.
About Kyivstar Group Ltd.
Kyivstar Group Ltd. (“Kyivstar”) is a Nasdaq-listed holding company that operates JSC Kyivstar, Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange. Kyivstar’s companies provide a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity. For more information, please visit
https://investors.kyivstar.ua
.
About Starlink by SpaceX
Starlink delivers high-speed, low-latency internet to users all over the world. As the world's first and largest satellite constellation using a low Earth orbit, Starlink delivers broadband internet capable of supporting streaming, online gaming, video calls and more. Starlink is engineered and operated by SpaceX. As the world’s leading provider of launch services, SpaceX is leveraging its deep experience with both spacecraft and on-orbit operations to deploy the world’s most advanced broadband internet system.
Forward-Looking Statements
This release contains “forward-looking statements”, within the meaning of the Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to VEON’s strategic ambitions and the impact of Kyivstar’s commercial partnerships. There are numerous risks, uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to VEON’s strategic ambitions and the impact of Kyivstar’s commercial partnerships, among others discussed in the section entitled “Risk Factors” in VEON’s 2025 Form 20-F filed with the SEC on March 16, 2026 and other public filings made by VEON with the SEC. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update them, except as required by law.
VEON media contact
[email protected]
