Telecoms operator Veon has announced it will invest $1 billion between 2023 and 2027 to help its Ukrainian subsidiary Kyivstar rebuild Ukraine’s digital infrastructure, as the Russian invasion continues. The investment is additional to the $600 million that Veon pledged to invest in Kyivstar in 2023.
Alongside connectivity, the operator also plans to invest in energy and cybersecurity resilience, to help keep its network running and its customers connected. The initiative builds on the assistance that all mobile operators in Ukraine have provided since the start of the war, including free SIMs, mobile roaming, calls and texts.