Company: KYIV
Filing Date: 2025-12-18
Form Type: 424B3
Source: 0001213900-25-123334
Chunk: 163

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-18
Form: 424B3
Chunk 163
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 -Fiand distributed denial -of -serviceprotection. Our fixed -linetelephone services include Internet Protocol (IP) lines, Session Initiation Protocol (SIP) trunk, analog telephones, ISDN Primary Rate Interface, toll free numbers and Virtual Private Branch Exchange. Our data transmission services include Internet Protocol Virtual Private Networks and Virtual Private LAN Services. Our joint carrier and operator services division provides local, international and intercity long -distancevoice traffic transmission services to Ukrainian fixed -lineand mobile operators on the basis of our proprietary domestic/international long -distancenetwork, as well as IP transit and data transmission services through our own domestic and international 98 fiber optic backbone and IP/MPLS data transmission network. We derive most of our carrier and operator services revenue from voice call termination services to our own mobile network and voice transit to other local and international destinations. We offer internet -TVusing FTTB/FTTH technology. We are currently engaged in a project to install FTTB for fixed -linebroadband services in residential buildings. We completed our first FTTH acquisition in 2024, and, as of December 31, 2024, we had connected approximately 43,500 buildings within Ukrainian -controlledterritories. Competition Mobile Telecommunications Services Our two main competitors in mobile telecommunications services are Vodafone and Lifecell. As of December 31, 2024, we led the market by number of customers with over 23.0 million mobile customers, while Vodafone and Lifecell had 15.8 million and 9.5 million mobile customers, respectively, according to the NCEC. We have maintained our top position in the market by number of subscribers for the past seven years, as shown in the chart below. Source: NCEC Fixed-line Telecommunications Services As a result of disruptions due to the war, many providers do not report to the NCEC, so it is difficult to estimate market shares for fixed -linetelecommunications. The Ukrainian fixed -linetelecommunications services market is fragmented, with almost 3,000 internet service providers in Ukraine, according to NCEC data. As of December 31, 2024, together with Ukrtelecom and Lifecell (formerly known as Volia), we, in the aggregate, held approximately 24% of the market share by number of subscribers, but, as of December 31, 2024, we were the only provider of FMC services. This has allowed us to