March 03, 2015 6:42 PM ET

Wireless Telecommunication Services

Company Overview of Joint Stock Company Kyivstar

Company Overview

q Joint Stock Company Kyivstar designs, constructs, and operates a cellular telecommunication network that provides a range of mobile communication and home Internet services in Ukraine. It offers tariff, voice, messaging and data, international call, international SMS/MMS-exchange, account management, network, number, and SIM card services; and international roaming, fixed telephony, and circuit of switched data and packet switched data services. The company also provides entertainment services, such as music and jokes, videos, games and programs, e-books, information regarding weather and news, and content services, as well as sells telecommunications equipment. In addition, it offers mobi...

53, Degtyarivska Street

Kyiv,  03113

Ukraine

Founded in 1994

4,710 Employees

Key Executives for Joint Stock Company Kyivstar

Chief Executive Officer
Chief Financial Officer and Financial Director
Chief Accountant and Deputy Chief Financial Officer
Chief Security Officer
Deputy Chief Technical Officer
Compensation as of Fiscal Year 2014.

Joint Stock Company Kyivstar Key Developments

Kyivstar appoints Andrew Mark Davies as Chairman of the Company's Supervisory Board

The shareholders of the Kyivstar appointed Andrew Mark Davies as the chairman of the company's supervisory board on February 25, 2015. Davies has held the post of group chief financial officer at VimpelCom Ltd. for the past five years.

Kyivstar Reports Earnings Results for the Fourth Quarter and Full Year of 2014

Kyivstar reported earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported revenues declined by 5% year-on-year to UAH 12.231 billion. EBITDA dropped by 11% to UAH 5.526 billion, with the EBITDA margin was down by 3.2% points to 45.2%. Capex decreased by 2% to UAH 1.657 billion. The operator's subscriber base grew by 2% to UAH 26.2 million. For the fourth quarter, EBITDA declined by 12% to UAH 1.3 billion, while the EBITDA margin went to 42.3%. Total revenue fell by 2% to UAH 3.1 billion, on the back of a decline in fixed revenues. Mobile service revenue was stable at UAH 2.9 billion, positively impacted by increased interconnect revenue, as well as by a 7% mobile data revenue growth, rising to UAH 256 million. The gains were offset by declines in mobile voice, guest roaming and VAS revenue due to more conservative customer spending behaviour, fewer tourist visits to Ukraine, and the impact from the situation in Crimea.

Kyivstar Wins Ukraine 3G License

Kyivstar has been awarded one of three licenses to provide nationwide 3G services in the 2,100 Mhz band for a price of UAH 2.7 billion ($100 million). The launch of 3G will allow the people of Ukraine to now experience the faster speeds and innovative services enjoyed by people all over the world. It will be beneficial to the economy and will help many businesses connect with their customers in new and innovative ways.

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