Ukrainian court lifts freeze on VEON's rights in Kyivstar, aiding $1B investment plan.

VEON, a global digital operator, has had its corporate rights in its Ukrainian subsidiary, Kyivstar, unfrozen by a Kyiv court. This decision lifts previous restrictions and supports VEON’s commitment to expanding digital services and 4G coverage in Ukraine. VEON, which has invested over $10 billion in Ukraine since 2022, plans to invest an additional $1 billion by 2027 to rebuild the country’s digital infrastructure, emphasizing its role as a key investor and its support for Ukraine's economic recovery.

November 29, 2024
5 Articles

Further Reading