The story
PJSC Kyivstar was registered in Ukraine in 1994 and commenced mobile‐telephony operations in 1997. The company's head office is located in Kyiv. Kyivstar is a part of the international telecom group VEON. Oleksandr Komarov has been the President of the company since December 2018.
In 2022, Kyivstar, together with other mobile operators, the Ministry of Digital Transformation of Ukraine, the State Service for Special Communications and Information Protection of Ukraine, the National Commission for State Regulation in the Fields of Electronic Communications, Radio Frequency Spectrum and Postal Services, together with the Ukrainian Association of Telecom Operators "Telas", launched national roaming.
In December 2024, Kyivstar announced that it had signed an agreement with Elon Musk’s Starlink to introduce direct-to-cell satellite connectivity for its subscribers in Ukraine. Subsequently, in July 2025 Kyivstar confirmed that the partnership with Starlink’s LEO satellite constellation would enable over-the-top messaging by the end of 2025, with mobile satellite broadband and voice services to follow in mid-2026. The service makes Ukraine one of the first countries to have the Starlink direct-to-cell service.
Since 2025, the company has expanded into digital health, ride-hailing, delivery, and cloud-computing services. Its subsidiaries include Helsi, Ukraine’s digital health platform, Uklon, Ukraine’s ride-hailing and delivery platform, and its big data and cloud services, supporting 500 business clients.
On March 18, 2025, Kyivstar signed a business combination agreement with Cohen Circle Acquisition Corp (CCIR). On August 15, 2025, Kyivstar started trading on the NASDAQ Stock Exchange in the United States as the first U.S.-listed Ukrainian company. It is trading under the ticker symbol KYIV, replacing CCIR. Its parent company, VEON, retained and locked up nearly 87% of its shares, leaving less than 11% available for public shareholders.
In November 2025, Kyivstar officially launched Europe's first direct-to-cell service, bringing the service to market in Ukraine in partnership with Starlink.
From Wikipedia’s article on Kyivstar, shared under CC BY-SA 4.0.4
