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Kyivstar Signs MoU with Ukraine’s Ministry of Economy to Accelerate AI Infrastructure and Digital Growth

$VEONPress releaseJun 26, 2026, 1:00 PM ETRead the release

Kyivstar, a VEON subsidiary, signed a Memorandum of Understanding with Ukraine’s Ministry of Economy to explore the development of a sovereign, AI-ready data center in the country. The project aims to enhance technological sovereignty by keeping critical data in-country for sectors like defense and finance, with Kyivstar intending to fund the investment within its existing capital expenditure plans.

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