The Binance cryptocurrency exchange (based in China) has announced the start of cooperation with the Kyivstar mobile operator.
As noted in the joint release of the companies, distributed on Thursday, within the framework of this partnership, Kyivstar users interested in innovation, blockchain, investments and financial products will have access to a wide range of cryptocurrency opportunities.
All customers of the mobile operator in the My Kyivstar application will be able to receive a special bonus promo code, which can then be used when registering on Binance.
In the future, Binance and Kyivstar plan to work together to improve crypto literacy in Ukraine, which will help lower the barriers to start using digital assets in everyday life.
As reported, in September, the WOG filling station network became a partner of the Binance blockchain ecosystem and launched the possibility of paying for fuel with cryptocurrency using Binance Pay.
In May, the Foxtrot network became a partner of the Binance blockchain system and launched the ability to pay for goods in the online store and retail outlets of the network using Binance Pay.
Earlier, Binance planned to launch a payment card in Ukraine with a balance in cryptocurrencies and automatic conversion upon payment.
Binance is the world’s leading blockchain system and cryptocurrency infrastructure provider with a range of financial products including the largest digital asset trading exchange by volume.
The largest Ukrainian mobile operator Kyivstar has invested UAH 200 million in upgrading the Internet network to a speed of 1 Gbit / s and now it is available with such parameters in seven cities of Ukraine – Kyiv, Dnipro, Lvov, Starokonstantinov, Vladimir, Truskavets and Slavuta.
“In total, this year it is planned to cover 10 more cities with a gigabit network,” the company said in a statement on Friday.
According to him, over the past six months, Kyivstar has also expanded the Home Internet service to 355 new houses with more than 44,000 apartments.
This service has also become available in Dubno (Rivne region), and by the end of the year it will appear in five more cities, the release notes.
The company noted that the network damaged as a result of hostilities has already been completely repaired in the de-occupied territories in Chernihiv, Nizhyn, Irpen, Akhtyrka and in the cities that are under shelling – Krivoy Rog, Zelenodolsk. In addition, 99% of the network in Nikolaev, 94% in Kharkov and 81% in Nikopol are maintained in working order.
In addition, as part of social initiatives, the Internet was connected in 1279 bomb shelters and shelters, as well as in 442 modular houses for internally displaced persons.
The company plans to connect 6 more modular towns by the end of the year, as well as connect WI-FI in dozens of shelters in schools.
Kyivstar is the largest Ukrainian telecommunications operator. Provides communication and data transmission services based on a wide range of mobile and fixed technologies, including 3G. As of the middle of this year, its services were used by about 24.8 million mobile subscribers and more than 1 million fixed Internet customers.
Kyivstar’s shareholder is the international group VEON (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ (New York) stock exchange.
Subscribers of the Kyivstar mobile operator with the “Roaming like at home” tariff used 5.256 GB of mobile Internet on average in July and called in roaming for 191 minutes, the company said in a press release.
According to its data, customers of the standard roaming tariff download an average of 201 MB of data per month and talk for 9 minutes, which is 26 and 21 times less than the indicators of the “Roaming like at home” tariff, respectively.
Kyivstar clarified that in general, during the three months of providing the “Roaming like at home” service, the company’s subscribers used almost 32 million GB of mobile Internet and talked at this rate for about 117 million minutes.
As reported earlier, the operators of Ukraine and the EU signed a joint declaration on coordinated efforts to ensure and stabilize affordable or free roaming and international calls between the EU and Ukraine. Kyivstar plans to maintain this service at least until the end of this year.
As Kyivstar President Alexander Komarov recently pointed out in an interview with Interfax-Ukraine, in July the company had about 1.3-1.4 million customers in roaming, and 80-90% used the “Roaming like at home” service, which provided in 30 countries around the world.
Kyivstar in the II quarter of 2022 reduced EBITDA by 4.8% with revenue growth of 3.9% (in dollars – by 2%) compared to the same period in 2021 – to UAH 7.37 billion.
Kyivstar is the largest Ukrainian telecommunications operator. Provides communication and data transmission services based on a wide range of mobile and fixed technologies, including 3G. As of the middle of this year, its services were used by about 24.8 million mobile subscribers and over 1 million fixed Internet customers.
Kyivstar’s shareholder is the international group VEON (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ (New York) stock exchange.
The VEON international telecommunications holding, which is the parent company of the Ukrainian mobile operator Kyivstar, recorded a 10.8% increase in revenue in Ukraine in national currency over the first five months of 2022.
According to a VEON press release published by PRNewswire on June 29, 2022, EBITDA decreased by 0.2% in five months (in local currency).
Kyivstar is the largest Ukrainian telecommunications operator. It provides communication and data transmission services based on a wide range of mobile and fixed technologies, including 4G.
Kyivstar’s shareholder is the international group VEON (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ (New York) stock exchange.
Since the start of Russia’s full-scale invasion of Ukraine, the Kyivstar mobile operator has paid UAH 4.246 billion in taxes and fees to the state budget, including UAH 1.682 billion ahead of schedule, the company’s press service said on Tuesday.
According to the operator, today Kyivstar has connected more than 1,200 bomb shelters in different cities of the country to free wired Internet, and also transmitted more than 300 million State Emergency Service messages with vital information to the population.
In addition, the company transferred over UAH 33 million to the humanitarian needs of the military, hospitals, the elderly and those affected by the war. The operator’s subscribers, using short numbers and the Smart Money service, transferred more than UAH 3.2 million for humanitarian needs of hospitals and the military, the press service clarifies.
“More than 90% of the company’s network functions stably and provides subscribers with communication and high-speed Internet services. To do this, in the first quarter of 2022, the operator invested UAH 659 million in the development of communications. During the hostilities, the company built 110 new mobile communication facilities and improved 4G communications in 3,500 settlements,” the report says.
According to the operator, during the war, the company’s subscribers were provided with free services worth UAH 429 million. Subscribers in 30 countries of the world receive communication services at the same tariffs as in Ukraine.
In addition, Kyivstar provides doctors working in risk areas with free mobile communications.
The Kyivstar mobile operator since February 2022 has upgraded 3,000 base stations in small towns and villages with a population of up to 2,000 people by connecting LTE-900 technology to them, the company’s press service reported on Monday.
“Thanks to this, the network capacity has been increased and the quality of 4G has been improved in 3,500 settlements in 19 regions of Ukraine. Among them are Vinnytsia, Dnipropetrovsk, Zhytomyr, Zakarpattia, Ivano-Frankivsk, Kyiv, Lviv, Odesa, Poltava, Sumy and other regions of Ukraine where no active hostilities are taking place,” the statement said.
The operator notes that also in 2022, some 140 new base stations were built. And to improve the quality of communication in regions of intensive data traffic, the development of frequencies in the 2300 MHz range, received from the state for the period of wartime in the country, began.
According to Kyivstar, since the beginning of the war, almost 5 million of the company’s subscribers have moved from large cities to small towns within their region, and another 4 million have moved from other regions to the western regions of Ukraine. In this regard, the operator increases the network capacity and improves the quality of radio coverage in places where Internet traffic is growing.
“Since the outbreak of hostilities, the telecom operator’s specialists have eliminated thousands of emergencies that arose as a result of damage to the telecommunications infrastructure, replaced almost 30,000 meters of destroyed fiber-optic lines, carried out 3,500 repairs on cell towers. More than 90% of the telecom infrastructure is operating normally, providing communications and high-speed Internet for the needs of subscribers, the public sector and private companies,” the company said.
