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Kyivstar (KYIV US): Building Blocks in Place for Future Ukraine Fintech Leadership
SUMMARY
- Kyivstar is executing parent company VEON’s transformation playbook to evolve from a telecom operator into a Ukraine digital services ecosystem inclusive of financial services.
- Kyivstar itself has the potential to one day become a major fintech platform in Ukraine should the regulatory environment evolve.
- We reiterate our Structural Long rating and US$19.8 target price for KYIV.
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