Kyivstar will provide Ukraine with UAH 300 mil for the restoration of digital infrastructure

Ukraine will receive UAH 300 mil for restoring the country’s digital infrastructure from the leading mobile operator Kyivstar.

This is provided for in the Memorandum of cooperation on restoring the digital infrastructure and strengthening cyber protection, and countering information threats to the state of Ukraine. The President of Kyivstar Oleksandr Komarov and the head of the Ministry of Digital Transformation of Ukraine Mykhailo Fedorov signed the document at the world’s leading technology companies conference Ukrainian Recovery Conference in the Swiss city of Lugano.

“By our example, we would like to encourage other Ukrainian and foreign companies to support the initiative of the President of Ukraine to collect donations in favour of the promptest recovery of the future of our country,” Mr Komarov said.

“Kyivstar’s business is doing useful deeds for both people and the country, a real contribution to improving the lives of Ukrainians. By rebuilding the infrastructure, providing the country with modern mobile communications and high-speed Internet, we are helping Ukraine to get closer to victory,” said the President of Kyivstar.

The leading Ukrainian communications operator has invested hundreds of millions of hryvnias in strengthening the stability of communications systems for the military and the civilian population, restoration and modernization of destroyed communications infrastructure facilities since the beginning of the war.

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At the same time, the company implements a wide range of humanitarian initiatives that help people overcome the horrors of war.

Since the beginning of the war, Kyivstar has paid UAH 4.246 bil in taxes to the state budget, transferred more than UAH 33 mil to charitable funds, supported initiatives to raise funds for the needs of doctors and hospitals and the implementation of humanitarian projects for the military, socially vulnerable population groups, and refugees. Kyivstar connected more than 1,200 bomb shelters in various cities of Ukraine to free wired Internet and provided free mobile communication for doctors in war zones. In general, Kyivstar has provided Ukrainians with free telecom services worth about half a billion hryvnias during the war.

The key priority of Kyivstar is the modernization and development of digital infrastructure and the implementation of the latest technologies. During its business activity, the operator invested about $ 6 bil in the economy of Ukraine to create a modern digital infrastructure and national coverage with high-quality mobile communications.

The Memorandum between the operator Kyivstar and the Ministry of Digital Transformations opens a new stage of cooperation between the company and the country to boost the economic sovereignty of Ukraine through the development of new technologies and the introduction of digital services and digital culture in the country’s economy and life.