Business1 min read

Kyivstar lifts yearly revenue guidance as Q3 revenue rises

By · Published by Everything Blog

In short

Ukraine's largest telecom operator, Kyivstar, officially adjusted its annual earnings outlook upward on Thursday following significant financial gains. The carrier posted double-digit expansion in its commercial metrics throughout the third quarter. During this specific period, revenue increased by 17.5 percent compared to the prior year, reaching $349 million or roughly 15.82 billion hryvnias.

Key points

  • Ukraine's leading telecommunications provider demonstrated double-digit financial growth…: Ukraine's leading telecommunications provider demonstrated double-digit financial growth throughout the third quarter.
  • Upward revisions to full-year guidance indicate continued commercial confidence from comp…: Upward revisions to full-year guidance indicate continued commercial confidence from company leadership.
  • Quarterly revenue climbed to 15.82 billion hryvnias as year-on-year expansion reached dou…: Quarterly revenue climbed to 15.82 billion hryvnias as year-on-year expansion reached double digits.

Sources checked by our analysis pipeline: 1

Nov 6 : Ukraine's largest telecom operator, Kyivstar on Thursday raised its yearly revenue guidance as it posted third quarter revenue up 17.5 per cent year on year to $349 million (15.82 billion hryvnias).

(1 Ukraine hryvnia = $0.0221)

Source: Reuters

Business