Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 276

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 276
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 the year ended December31, 2024. The broadband segment in Ukraine has almost 2,000 operators in total, with the top three being Kyivstar, Ukrtelecom and Lifecell (formally known as Volia), which had a combined 24% of total market subscribers on average for the year ended December31, 2024. The fixed broadband segment in Ukraine is characterized by a high degree of fragmentation, with a substantial majority share held by smaller players. This fragmentation presents a significant opportunity for consolidation, allowing us to expand our market share and extend our reach to both B2B and B2C customers. We are well -positionedto capture this opportunity by leveraging the strength of our mobile network as well as our established presence across almost 43,500 broadband -connectedbuildings, providing a strong foundation for further market penetration and network synergies through consolidation. In addition, we pursue consolidation and continue to build up our fixed broadband business via acquisitions. Our recent expansion into fiber -to - the-home(“FTTH”) by way of the acquisition of LanTrace in 2024, a company which provides internet and TV services in Ukraine, signals our strategic commitment to infrastructure growth in the country and enhances our value proposition to customers. Additionally, as part of our efforts to drive further service adoption, 135 we have achieved significant progress in Fixed Mobile Convergence (“FMC”), reaching 85% of our fixed broadband subscriber base. FMC helps our customers stay connected with more consistent connectivity, simplified billing and the convenience of using the same network at home and while away. Industry-leading digital services and innovation We are a proven long -termleader in Ukraine’s digital infrastructure, offering a diverse array of industry -leadingdigital products and services. We offer a comprehensive technology platform that integrates high -precisionGPS (real -timekinematic), satellite internet connectivity, advanced cybersecurity protections and an IoT management system. We served approximately 61,000 B2B end users of the workplace cloud service license as of December 31, 2024. In April 2025, we expanded our digital footprint by entering ride -hailingand delivery business via our acquisition of Uklon, a leading Ukrainian ride -hailingplatform with more than 100,000 driver partners and presence across 28 Ukrainian cities and one city in Uzbekistan. Uklon facilitated over 100million rides and more than three million deliveries in the year ended December31, 2024. In the year ended December31, 2024,