Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 265

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 265
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 operators in Ukraine in terms of total amount of available spectrum. These strategic partnerships allow us to leverage advanced technologies, optimize distribution channels and drive innovation across our multiservice portfolio. Leadership in fixed broadband We are the leading player in the Ukrainian fixed broadband segment by number of access lines as of September30, 2024. We had 1.1 million broadband customers as of December 31, 2024 and an estimated market share of 14% by number of subscribers on average for the nine months ended September 30, 2024. The broadband segment in Ukraine has almost 3,000 operators in total, with the top three being Kyivstar, Ukrtelecom and Lifecell (formally known as Volia), which had a combined 25% of total market subscribers on average for the nine months ended September 30, 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, 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. 130 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 serve approximately 61,000 B2B end users of the workplace cloud service license and engage 10.