Kyivstar and Ukraine's Ministry of Economy signed a Memorandum of Understanding to develop a sovereign AI-ready data center in Ukraine. The initiative aims to strengthen Ukraine's technological sovereignty, support critical sectors like public administration and defense, and attract domestic and international investment in the country's digital economy. Kyivstar plans to fund the project within its existing capital expenditure plans.

Kyivstar and VEON have signed a Memorandum of Understanding with Ukraine's Ministry of Economy to develop a sovereign AI-ready data center in Ukraine. The initiative aims to strengthen Ukraine's technological sovereignty, support critical sectors like public administration and financial services, and catalyze investment in the country's digital economy. The project is expected to require long-term investment and partnership between strategic investors and the government.

Uklon, a ride-hailing platform owned by VEON Ltd., has launched Uklon Store, expanding beyond mobility into e-commerce. The service begins with same-day flower deliveries in Kyiv through a marketplace model partnering with independent florists. The expansion leverages Uklon's existing driver network and 5.1 million active users, representing VEON's strategy to deepen customer engagement across its digital ecosystem.

Uklon, a subsidiary of Kyivstar, has launched Uklon Store, an in-app marketplace starting with flowers as the first category in Kyiv. The move represents the company's expansion from ride-hailing into e-commerce, leveraging its existing user base and delivery infrastructure to create new revenue streams and improve monetization.

Uklon, a subsidiary of Kyivstar Group Ltd., has signed a definitive agreement to acquire E-wings, Ukraine's leading electric scooter operator, for UAH 97.6 million (approximately USD 2.2 million). The acquisition is expected to close in Q3 2026 and will integrate E-wings' micromobility services into Uklon's platform, creating a comprehensive urban mobility ecosystem that includes ride-hailing, delivery, advertising, and travel services.

Kyivstar Group has acquired six solar power plants in Ukraine's Lviv region with a total installed capacity of 105 MW for UAH 3.6 billion (USD 80.8 million). The acquisition increases Kyivstar's green energy generation capacity to 118 MW, enabling it to produce approximately 30% of its annual electricity consumption. The company plans to supply electricity to Ukraine's unified energy system while hedging its own energy costs.

myGaru technology launches a nationwide cross-telecom identity infrastructure in Ukraine with integrations across Kyivstar, Vodafone Ukraine, lifecell, and Ukrtelecom. The platform enables privacy-preserving data collaboration across operators, advertisers, publishers, and retailers while maintaining national data sovereignty and enabling targeted advertising on global platforms without cross-border data transfers.

Kyivstar Group reported robust 1Q26 results with total revenue up 26.6% YoY to USD 323 mn and EBITDA rising 23.5% YoY to USD 173 mn. Digital revenues surged 256.6% YoY to USD 67 mn, representing 20.9% of total revenue. The company raised its 2026 outlook, expecting USD revenue growth of 11%-14% and EBITDA growth of 7%-10%. Strategic initiatives include expanded Starlink resale partnership, acquisition of internet provider Shtorm, and consolidation of healthcare platform Tabletki.ua.

VEON and its subsidiary Kyivstar have completed their USD 1 billion investment commitment to Ukraine ahead of schedule, delivering USD 1.3 billion (130% of target) between 2023 and April 2026. Investments focused on network connectivity, energy resilience, satellite services, and strategic acquisitions including ride-hailing platform Uklon and healthcare platform Tabletki.ua, demonstrating confidence in Ukraine's digital future amid ongoing conflict.

Kyivstar Group Ltd. and VEON have completed a $1.3 billion multi-year investment program in Ukraine, exceeding their $1 billion commitment by 30% ahead of schedule. The investments focused on expanding telecommunications infrastructure, digital services, energy resilience, and strategic acquisitions including Uklon, Tabletki.ua, and SUNVIN 11 to strengthen connectivity and support Ukraine's digital transformation during wartime.

Uklon, Ukraine's leading ride-hailing service and a Kyivstar subsidiary, has launched a new Travel service enabling users to book domestic and international bus tickets within its app. The expansion addresses growing demand for flexible transport options and positions Uklon to capture a larger share of transportation spending. With 3.8 million monthly active users and an annualized revenue run rate exceeding $100 million, Uklon is evolving into a comprehensive one-stop mobility platform.

Kyivstar Group's subsidiary Uklon, Ukraine's largest ride-hailing firm, has launched a new 'Travel' service allowing users to purchase domestic and international bus tickets directly through the Uklon mobile app. The service expands Uklon's ecosystem beyond ride-hailing to include courier delivery and advertising, addressing transportation needs as air travel remains unavailable and railway capacity is strained.