VEON Ltd. and Cohen Circle Acquisition Corp. I have secured commitments from investors for the listing of Kyivstar Group, Ukraine's leading digital operator, on the Nasdaq Stock Market.

Target Overview: Kyivstar Group

Kyivstar Group is the leading digital operator in Ukraine, servicing over 23 million mobile customers and more than 1.1 million fixed-line internet customers as of December 31, 2024. The company offers a diverse range of mobile and fixed-line services, including 4G technology, big data solutions, cloud services, cybersecurity, and digital television. With a strong presence in the market for over 27 years, Kyivstar Group is well-positioned to capitalize on future growth opportunities.

In addition to its operational success, Kyivstar Group aims to enhance its investment in Ukraine by committing USD 1 billion from 2023 to 2027. This investment will focus on infrastructure, technological development, and social initiatives, reinforcing the company’s role in supporting the national economy.

Industry Overview in Ukraine

The telecommunications industry in Ukraine is undergoing a transformation, driven by the rapid adoption of digital technologies and increasing demand for high-speed internet access. As a result

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Cohen Circle Acquisition Corp. I

invested in

Kyivstar Group Ltd

in 2025

in a Merger deal

Disclosed details

Transaction Size: $52M

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