Kyivstar completed the acquisition of a 97% stake in Uklon for $155.2m.

Kyivstar, a Ukrainian telecommunications company, completed the acquisition of a 97% stake in Uklon, a software development company, for $155.2m. “The agreement with Uklon is an important strategic step for Kyivstar towards creating a modern digital operator. We rely on the talented team and promising business of Uklon, which has already proven its effectiveness in the market. Our goal as a strategic investor is to develop existing online car ordering and delivery services, introduce new solutions and services, and enter international markets, strengthening the competitive advantages of both companies.,” Oleksandr Komarov, Kyivstar CEO.