Kyivstar Expands 4G Coverage to 630 New Communities, Strengthening VEON’s Ukrainian Digital Footprint

VEON
March 28, 2026

Kyivstar announced on March 27 2026 that it has extended LTE coverage to an additional 630 communities, bringing the total number of base stations built in 2025 to more than 6,000. The expansion added 4G service to millions of subscribers and restored 10 network sites damaged by wartime attacks, with nearly 700 sites brought back online since the conflict began. The company’s 2025 investment of roughly $913 million (UAH 40.1 billion) was earmarked for infrastructure restoration, modernization and digital capacity, underscoring VEON’s commitment to maintaining connectivity in a high‑risk frontier market.

Kyivstar’s sustained investment in the network enables millions of subscribers to receive reliable mobile connectivity and high‑speed internet, even amid wartime challenges. The 96.2 % population coverage achieved in territory controlled by Ukraine reflects the scale of the rollout and positions Kyivstar as the country’s leading digital operator.

The expansion reinforces VEON’s broader digital strategy, which has driven strong growth in digital revenues—an 84 % increase in Q4 2025—and supports the company’s goal of expanding fintech, entertainment and other digital services in emerging markets. The investment also signals VEON’s confidence in Ukraine’s long‑term market potential, as evidenced by the company’s 2025 earnings, which saw revenue rise 17 % year‑over‑year and EBITDA grow 29 %.

Kyivstar’s IPO on August 15 2025, the first Ukrainian company listed on Nasdaq, highlights the market’s growing attractiveness and provides a platform for further digital expansion. Together, these developments illustrate a sustained focus on resilience, network modernization and digital service growth in a challenging operating environment.

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