Kyivstar Launches 5G Pilot in Lviv, Plans $1 Billion Investment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Newsfilter
- 5G Pilot Launch: Kyivstar has initiated its first local 5G pilot project in Lviv, Ukraine, aimed at evaluating network performance in urban conditions, with plans to gradually expand to Kharkiv and Borodianka, demonstrating the company's proactive approach to digital transformation.
- Investment Commitment: In collaboration with VEON, Kyivstar has pledged to invest $1 billion in Ukraine's digital infrastructure rebuilding from 2023 to 2027, focusing on energy resilience and digital services to support the country's future recovery and growth.
- Network Speed Enhancement: During pre-launch testing in Lviv, Kyivstar's 5G network achieved peak download speeds exceeding 2.4 Gbps, showcasing its potential for high data transmission speeds and reinforcing its market leadership in Ukraine.
- Technical Preparations: Prior to the 5G pilot, Kyivstar conducted comprehensive preparations across its network infrastructure to ensure that 5G activation would not interfere with military communications, reflecting the company's operational capability and sense of responsibility in a complex environment.
Analyst Views on KYIV
Wall Street analysts forecast KYIV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KYIV is 17.05 USD with a low forecast of 15.30 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.480
Low
15.30
Averages
17.05
High
20.00
Current: 12.480
Low
15.30
Averages
17.05
High
20.00
About KYIV
Kyivstar Group Ltd is a United Arab Emirates based telecommunications Company. The Company and its subsidiaries provide services across mobile and fixed line technologies, including 4G, big data, cloud solutions, cybersecurity, and digital TV. Cohen Circle Acquisition Corp I is a subsidiary of the Company, and its parent is VEON Amsterdam BV.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
