Kyivstar gets 4G/LTE license

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global provider of connectivity and Internet services headquartered in Amsterdam and serving more than 240 million customers, has announced that Kyivstar, its wholly owned and market-leading subsidiary in Ukraine, has secured one of three licenses to provide nationwide 4G/LTE services, subject to final regulatory approvals, the company said.

Kyivstar will pay UAH 0.9 billion (approximately USD 32.2 million) for 2×15 MHz of contiguous frequency in the 2600 MHz band.

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and Internet services, with an ambition to lead the personal Internet revolution for over 240 million customers it currently serves, and many others in the years to come. For more information visit: http://www.veon.com.