This strategic acquisition will allow Kyivstar to further strengthen its market position and provide subscribers in the Kirovohrad region with access to the company’s modern digital ecosystem. Shtorm operates a developed telecommunications infrastructure (including PON, FTTB, and WiMAX technologies) and serves more than 50,000 subscribers in Kropyvnytskyi, Oleksandriia, and 132 surrounding settlements.
The Capital Times M&A team acted as financial advisor to Kyivstar in this transaction, supporting the client on the buy-side.
Capital Times Team Comment
“We are pleased to support Kyivstar in implementing its strategy for the development of fixed-line communications in Ukraine. This transaction represents an important milestone for the telecom market and demonstrates the commitment of industry leaders to invest in critical infrastructure and the digital transformation of the regions. The professionalism and cooperation of both teams enabled the successful completion of this project, opening new opportunities for thousands of Ukrainian users.”
About Shtorm
ISP SHTORM LLC is a leading Internet service provider in the Kirovohrad region with more than 20 years of history. The company operates a strong telecommunications network and employs over 100 specialists, who will continue working within the group to ensure a high level of service in the region.
About Kyivstar
Kyivstar PJSC is the largest electronic communications operator in Ukraine, serving 22.5 million mobile subscribers and 1.2 million fixed-line customers.
The company is a subsidiary of Kyivstar Group Ltd (Nasdaq: KYIV), the first Ukrainian company listed on the Nasdaq stock exchange. Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine between 2023 and 2027.
About Capital Times
Capital Times has been providing professional services in M&A advisory, fundraising, strategic and corporate consulting, capital management, family office, and wealth management for more than 19 years. Over this period, the company has successfully closed 41 M&A transactions with a total value exceeding USD 400 million and delivered over 290 consulting projects across 13 industries.
Through exclusive membership in the global investment banking network Globalscope Partners, Capital Times provides clients with access to international investors, lenders, and potential acquisition targets worldwide.
