Kyivstar is working to keep its network online amidst Russian strikes on Ukraine’s power grid. CEO Oleksandr Komarov stated that over 3,500 generators are connected to the network. Attacks on energy infrastructure have increased, with a recent strike on nuclear substations killing seven people, the largest attack since 2022.

Since 2022, Kyivstar has been enhancing its network’s resilience to power outages. Core elements have backup power lasting up to three days, with 90,000 connection boxes in buildings having backup solutions for 10-12 hours during outages. This ensures most customers have service even if power is lost.

Kyivstar’s post-listing valuation has been impacted by the war in Ukraine. Despite becoming the first Ukrainian firm to list on the U.S. stock exchange in August, geopolitically driven volatility has affected its value. The company reported a nearly 20% rise in third-quarter revenue to $297 million, supported by macroeconomic stability and international assistance.

Read more at Yahoo Finance: Ukraine’s Kyivstar adds backup power as Russian strikes strain power grid, CEO says