Kyivstar, Ukraine’s largest mobile operator, has acquired the regional internet provider Shtorm LLC (Shtorm) in the Kirovohrad region, which serves over 50,000 subscribers, for 420 million UAH, announced Kyivstar CEO and President Oleksandr Komarov.
“This acquisition brings over 50,000 new broadband customers in 130 municipalities into the Kyivstar ecosystem, supporting our strategy to expand our broadband network,” he said during a conference call regarding the company’s annual report on Friday.
“In the fixed broadband market, we aim to strengthen the group’s leadership through organic growth and acquisitions,” Komarov emphasized regarding the company’s future development strategy.
He noted that cross-selling and synergies are at the core of Kyivstar’s digital growth strategy. According to him, for example, in the fourth quarter, the share of broadband customers subscribed to Kyivstar TV grew by more than 3 percentage points (pp) to 48%.
“We attribute this growth to effective marketing and the increasing appeal of our content library, including programs unavailable elsewhere in Ukraine,” Komarov noted.
He noted that the number of multi-service customers (including customers who use at least one digital application in addition to voice and data services) grew by 18% year-over-year in the fourth quarter of 2025, reaching 7.3 million, or 35% of the active customer base in a single month, which is nearly 6 percentage points higher than a year earlier.
“The multi-service segment is driving growth thanks to stronger customer engagement, higher data consumption, and improved customer retention. They (such customers) also generate a higher ARPU—$5.20 per month for our services, which is 37% higher than the average for a mobile customer,” noted the company’s president.
Kyivstar announced the acquisition of Shtorm in late February. At the time, it was noted that this provider offers coverage in the Kirovohrad region, covering the cities of Kropyvnytskyi, Oleksandriia, and 132 surrounding settlements. The press release did not include information on the purchase price of the provider.
According to data from YouControl, the revenue of Isp Storm LLC for the first nine months of 2025 increased 4.7-fold compared to the first nine months of 2024—to 94.86 million UAH—while net profit jumped 17-fold—to 30.39 million UAH.
The beneficiaries of the company, which has a registered capital of 4.5 million UAH, were Vitaliy Oliynyk and Yulia Makarenko on an equal basis.
Kyivstar emphasized that the deal preserves the provider’s workforce of more than 100 employees, including engineers, designers, and customer service specialists, who will continue to be responsible for network maintenance and subscriber support in the region.
In August of last year, Kyivstar first announced the $2 million acquisition in September 2024 of LanTrace (Boryspil)—a regional provider of fixed broadband internet access in the Kyiv region.
As reported, Kyivstar served 22.4 million mobile subscribers and 1.2 million “Home Internet” subscribers as of the end of 2025. In 2025, the company increased its EBITDA by 30% to 27 billion UAH, with revenue growing by 30.3% to 48.2 billion UAH; including in the fourth quarter of last year, when EBITDA increased by 23.1% to UAH 7.2 billion, with revenue growing by 30.1% to UAH 13.5 billion.
Australia’s Warana Capital Pty Ltd in 2018 became a minority shareholder of Volia Cable LLC (Kyiv).
According to data on the ownership structure posted on the provider’s website at the end of March of this year, in 2018 Warana Capital Pty Ltd acquired 5.6% of the shares in Volia. Among the new investors of the company is also OL Group Ltd (acquired 8.4%), registered in the Cayman Islands.
At the same time, Eton Park Master Fund Ltd (the Cayman Islands) sold its 5.9%, and Elq Investors II Ltd (London) sold 8.4%.
The press service of the company told Interfax-Ukraine on May 13 that the change of minority shareholders took place in the autumn of 2018.
The key investor of Volia is still the U.S.-based investment company Providence Equity Partners with 34.92%.
Large stakes are also held by SigmaBleyzer (the United States, 15.3%), and the European Bank for Reconstruction and Development (11.7%).
Warana Capital Pty Ltd (Sydney) is a subsidiary investment company of the American company Warana Capital LLC (New York), based in Australia.
De Novo IT company has launched a new HANA Cloud platform and announced that the company has become the SAP-certified provider of cloud and infrastructure operations (Germany), the company has reported on its Facebook page.
The company said that 297 SAP-certified providers of outsourcing and cloud services are operating in the world. It was the first company in Ukraine certified by SAP.
“HANA Cloud allows owners of information systems based on SAP to achieve significant savings on computer equipment and its operation, while fully complying with the recommendations and requirements of SAP and reserving the right to technical support from it,” De Novo said.
To confirm the compliance of HANA Cloud with the requirements of the software provider, De Novo was audited by SAP, which tested: the architecture of the cloud platform, the entire stack of operating processes and technical support for users, the operator’s internal information systems, and the state and level of security datacenter, in which the HANA Cloud operates.
De Novo is a national cloud service and data center provider.
Shareholders in De Novo are KM Core, Intel Capital and the International Finance Corporation (IFC).
