Business news from Ukraine

“Kyivstar” has installed generators in 50 branded stores

6 February , 2023  

Ukraine’s largest mobile operator Kyivstar together with its partners has installed generators in 50 branded stores, in the coming months the number of standalone stores will reach 100, the operator’s press service said.
“To date, the company has already invested more than 350 million UAH to provide the network of base stations with powerful batteries, as well as stationary and mobile diesel generators. More than UAH 5.5 million were allocated to compensate our partners for purchasing generators in stores to provide our customers with constant access to services”, – the press service quotes Kyivstar head of retail sales channels Mykhailo Mykolyuk as saying.
As reported, earlier Kyivstar invested more than UAH 50 million in the purchase of uninterruptible power supplies to support “Home Internet” service to 10 thousand homes and 90 thousand subscribers to stay connected even during power outages.
The shareholder of Kyivstar is an international group VEON, which is headquartered in the Netherlands. The group’s shares are traded on the NASDAQ (New York) and Euronext (Amsterdam) stock exchanges.

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