Kyivstar CEO on Nasdaq Debut, Ukraine Telecom, and War Impact

Kyivstar's Nasdaq Debut

• 🚀 Kyivstar made history as the first Ukrainian company to go public on the NASDAQ via a SPAC merger.
• 📈 The listing is seen as a major event for the Ukrainian economy, demonstrating the country's ability to develop even amidst challenging circumstances.
• 💡 Since its listing, the company's value has grown by approximately 20%, validating the strategy of unlocking shareholder value.

Kyivstar's Business and Operations

• 📱 Kyivstar positions itself as a digital service operator, not just a telco, offering mobile, fixed broadband, digital health, ride-hailing, and entertainment services.
• 🌐 The company holds market leadership in both mobile and fixed broadband, with 98% LTE coverage and access to half of Ukrainian households via fixed broadband infrastructure.
• 🛰️ A partnership with Starlink aims to provide 100% territory coverage for OTT messaging and mobile broadband services via satellite.

Impact of the Russia-Ukraine War

• 🇺🇦 Kyivstar exclusively services territories under the control of Ukraine.
• 🛡️ Starlink is considered an essential element of Ukrainian national security, strengthening both humanitarian and security aspects of telco services during the war.
• 📉 The company does not provision for the end of the war this year or next, focusing instead on its ability to run and develop business in difficult circumstances, as evidenced by demonstrated growth and profitability throughout the full-scale war.

Strategic Listing Decisions

• 🇺🇸 The decision to list on NASDAQ was driven by the parent company's existing listing, a special condition between NASDAQ and the Ukrainian government, and the historical significance of being the first Ukrainian entity on a US exchange.
• 🤝 Strengthening business cooperation with the US and the West is seen as crucial for Ukraine's long-term security and development, alongside security and cultural cooperation.
• 💰 Kyivstar is committed to investing 1 billion USD into the Ukrainian economy between 2023 and 2027.