Kyivstar, Ukraine’s largest mobile network operator, reported a 23.5% year-over-year growth in EBITDA to UAH 6.90 billion in the second quarter of 2025, alongside a 25.8% rise in revenue to UAH 11.86 billion. This growth was primarily driven by the expansion of its telecommunications and digital technology segments, which have seen substantial investment and development over the past year.
The company’s digital technology segment, which includes a range of services such as mobile internet, cloud computing, and data storage, has experienced particular growth. This has been supported by increased demand for digital services in Ukraine, as well as Kyivstar’s strategic investments in infrastructure and technology. The company has also invested in expanding its network coverage, which has contributed to its revenue growth.
Kyivstar’s financial performance in Q2 2025 reflects its strong position in the Ukrainian market and its ability to adapt to the evolving digital landscape. The company’s ability to maintain and grow its revenue and EBITDA margins despite the ongoing challenges in the region is a positive indicator for its continued success in the coming years.