• VEON will acquire a 33.75% stake and control rights in JungoTV Holdco, parent of Jungo TV and All Women’s Sports Network.
• Payment comprises $5 million cash at signing and approximately 2,350,000 existing Kyivstar shares at closing, at a reference price of $18 per share.
• The transaction involves no new Kyivstar shares; consideration shares face a staged 12-month lock-up following closing.
• Closing is expected in 2027, subject to customary conditions.
• The acquisition will expand entertainment and sports programming across the buyer’s operating markets, supporting subscription, advertising and other content revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VEON Ltd. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.