bullish

VEON

Veon's (Nasdaq: VEON) Subsidiary Kyivstar Eyes Nasdaq Listing

352 Views15 Jul 2025 14:14
Issuer-paid
SUMMARY
  • Kyivstar, Ukraine’s largest telecom and digital operator, is set to go public in Q3 2025 with a listing on Nasdaq.
  • The listing would value the company at approximately $2.0 billion in EV (TTM EV/EBITDA multiple of ~3.7x).
  • Telecom operators in similar emerging markets trade at 6-7x EBITDA. Kyivstar at 50% discount looks attractive.
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