VEON’s Kyivstar and Come Back Alive Launch New Fundraising Campaign for Demining Ukraine
August 14 2024 - 12:00PM
UK Regulatory
VEON’s Kyivstar and Come Back Alive Launch New Fundraising Campaign
for Demining Ukraine
Amsterdam and Kyiv, 14 August 2024: VEON Ltd.
(NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator
that provides converged connectivity and online services, announces
that its wholly owned subsidiary Kyivstar has launched We Live Here
2.0, a fundraising campaign to support the demining of Ukrainian
territory together with the Come Back Alive Foundation and with
informational support from the Ministry of Economy of
Ukraine.
We Live Here 2.0 aims to raise a total of UAH
100 million (approx. USD 2.4 million) to supply minesweepers with
Ukrainian-made robotics, vehicles and communications tools. VEON’s
Kyivstar will donate UAH 30 million directly to the new initiative
as it kicks off a fundraising campaign that is accessible
worldwide. This is the second stage of Kyivstar’s and Come Back
Alive’s demining project. During the first stage of We Live Here,
over UAH 180 million (USD 4.8 million) was collected between May
2023 and February 2024 to supply 146 engineering and minesweeping
groups with vehicles and equipment.
“VEON and Kyivstar are committed to the recovery
and rebuilding of Ukraine, and the second phase of the demining
project launched today builds on the success of the initial We Live
Here campaign, during which Kyivstar exceeded its targets with
corporate, employee and customer donations. VEON is humbled to
support Kyivstar’s contributions to the rebuilding of Ukraine,
which span a wide range of socially meaningful initiatives ranging
from the reintegration of veterans to the treatment of burn
victims, while also developing important digitalization projects
like Helsi Ukraine, the telemedicine service owned by Kyivstar,”
said Kaan Terzioglu, Group CEO of VEON.
"Kyivstar has prioritised support for demining
as we want liberated Ukrainian territories to be safe and
accessible for the civilian population. The innovative technologies
we will supply as part of We Live Here 2.0 will make minesweepers’
work safer and more efficient. Moreover, demining will facilitate
Kyivstar specialists’ work on restoring mobile communications
throughout de-occupied territories. Kyivstar encourages other
Ukrainian businesses to support the initiative, and we have put in
place easy-to-use payment systems for individuals wishing to donate
from nearly anywhere in the world," commented Oleksandr Komarov,
CEO of Kyivstar.
“Approximately 150,000 km² of Ukrainian
territory requires demining. Our job is to supply minesweepers with
the equipment to make their jobs safer and more efficient. Robotic
equipment will enable these teams to conduct their work at a safe
distance while communication tools will enable critical unit
coordination. Additional vehicles will aid mobility and the drones
we supply will aid minesweepers in locating minefields and
remaining aware of their surroundings,” added Oleh Karpenko,
Deputy Director of the Come Back Alive Foundation.
About Kyivstar
Kyivstar is the largest telecommunications operator in Ukraine with
24 million mobile subscribers and over 1.1 million home internet
subscribers. As Ukraine’s market-leading operator, Kyivstar
maintained network availability above the 90% level on average
throughout the past two years, supporting the connectivity of not
only its own customers but also the broader Ukrainian population.
Kyivstar is 100% owned by the international VEON Group.
About VEON
VEON is a digital operator that provides converged connectivity and
digital services to nearly 160 million customers. Operating
across six countries that are home to more than 7% of the world’s
population, VEON is transforming lives through technology-driven
services that empower individuals and drive economic growth.
Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext.
For more information visit: www.veon.com
Disclaimer
This release contains “forward-looking statements”, as the phrase
is defined in Section 27A of the U.S. Securities Act of 1933, as
amended, and Section 21E of the U.S. Securities Exchange Act of
1934, as amended. Forward-looking statements are not historical
facts, and include statements relating to, among other things,
VEON’s strategy and investment plans. Forward-looking statements
are inherently subject to risks and uncertainties, many of which
VEON cannot predict with accuracy and some of which VEON might not
even anticipate. The forward-looking statements contained in this
release speak only as of the date of this release. VEON does not
undertake to publicly update, except as required by U.S. federal
securities laws, any forward-looking statement to reflect events or
circumstances after such dates or to reflect the occurrence of
unanticipated events.
Contact Information
VEON
Hande Asik
Group Director of Communication
pr@veon.com
TUVA Partners
Julian Tanner
Julian.tanner@tuvapartners.com
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