Business news from Ukraine

Business news from Ukraine

Ukraine’s largest mobile operator Kyivstar will bring LTE coverage to 98% by 2026g

26 October , 2023  

Ukraine’s largest mobile operator Kyivstar will focus on the development of LTE technology. (Long Term Evolution – wireless network with higher requirements and bandwidth from 10 Mbps), by 2026 the coverage level in Ukraine will be brought to 98%.

“Our goal is to achieve 98% LTE coverage by population by 2026. It’s different now, depending on the region. But, for example, in the Kiev region it is 97%, and on the highway Kiev-Chop 95%”, – said the President of “Kyivstar” Alexander Komarov to journalists.

He specified that increasing the coverage even by 1% requires huge efforts and construction of hundreds of new sites (sites), including greenfield (from scratch, – IF-U).

“Kyivstar is implementing the “LTE everywhere” project in Ukraine, including the $600 million investment from its parent company VEON, Komarov specified.

“We believe that this will be the key technology for the next 5-7 years. It will transmit the largest amount of internet or data of our consumers. That is why we are implementing this project now, and its main focus is coverage”, – specified the president of Kyivstar.

According to him, Kyivstar focuses on three key areas: network development, technology development, and improvement of communication quality. Among other things, Kyivstar is developing PON technology (modern technology of high-speed data transmission via fiber-optic communication lines, which implies connection of all subscribers’ devices through one optical cable and gives an opportunity to simultaneously use several telecommunication services: Internet, TV and telephone – IF-U).

Komarov noted that since new technologies require an increase in the number of sites, through construction, the number of sites has already reached pre-war levels.

“As I said, we are actually building many times more than our competitors – bigger and faster. I will tell you this: despite the loss of 7% of the network (due to the full-scale invasion of the Russian Federation – IF-U) we are currently serving the same number of sites as we were before the war. The part that we lost, we have already fully resumed,” Komarov said.

“Kyivstar is Ukraine’s largest electronic communications operator, serving 24 million mobile subscribers and more than 1.1 million Home Internet subscribers as of September. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, Cloud solutions, services for cyber defense, and digital TV.

Kyivstar’s shareholder is the international VEON group, whose shares are listed on the NASDAQ (New York) and Euronext (Amsterdam) stock exchanges.

,