StockWatch
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Telecommunications Equipment
Quarterly ResultJul 31, 2026, 06:56 AM

Kyivstar H1 2026 Revenue +22.8% to $662M; Completes Multiple Acquisitions

AI Summary

Kyivstar Group reported strong financial performance for the first half of 2026, with revenue increasing by 22.8% to US$662 million and profit for the period rising by 28.6% to US$162 million. This growth was driven by both telecommunication and digital streams, including contributions from recently acquired businesses. The company completed several strategic acquisitions, including ISP Shtorm LLC, Tabletki.ua, and six solar power plants, while also appointing a new CFO.

Key Highlights

  • H1 2026 Revenue increased 22.8% to US$662 million.
  • H1 2026 Profit for the period rose 28.6% to US$162 million.
  • Acquired ISP Shtorm LLC for US$10 million and Tabletki.ua for US$161 million.
  • Acquired six solar power plants for US$70 million.
  • Mobile ARPU grew 12.5% to US$3.9; digital MAU increased 59.8%.
  • Net cash from operating activities was US$331 million.
  • Appointed Taner Kızıltoprak as Chief Financial Officer.