From GlobeNewswire: 2025-06-05 17:20:00

Kyivstar Group reported total operating revenue of USD 255 million, a 37.1% increase year-on-year, with a profit of USD 44 million, up 22.2% year-on-year. Adjusted EBITDA reached USD 140 million, a 50.5% increase, with a margin of 54.9%. The company acquired Uklon and increased stake in Helsi, focusing on digital growth and strategic opportunities.

The Multiplay customer base increased by 40.7% year-on-year, reaching 6.1 million customers, reflecting increased digital product adoption. Total digital monthly active users reached 10.3 million, up 32.9% year-on-year. Revenue growth was robust at 37.1% year-on-year, driven by the successful execution of a customer appreciation program in 2024.

Kyivstar Group announced a business combination agreement with Cohen Circle Acquisition Corp. I, aiming to list on the Nasdaq. The company completed the acquisition of Uklon for USD 155.2 million and increased stake in Helsi to 97.99%. With plans to invest USD 1 billion in Ukraine, Kyivstar Group and VEON are focused on driving digital transformation and growth in the region.



Read more at GlobeNewswire:: Kyivstar Group Reports First Quarter 2025 Financial Results