Finance
Veon expects customers using starlink in Ukraine to more than double this year
Published by Global Banking & Finance Review®
Posted on March 3, 2026
2 min readLast updated: March 3, 2026
Quick Summary
Veon’s CEO says Ukraine’s Starlink-connected users could grow from 5m today to ~12m by end‑2026, about half of Kyivstar’s subscribers. The firm also plans launches in Kazakhstan, Pakistan, Bangladesh or Uzbekistan and considers further expansion in underserved high‑population markets.
Veon Projects Starlink Internet Users Will Double in Ukraine by Year-End 2024
Starlink Expansion and Veon's Strategic Partnerships
By Joan Faus
Starlink User Growth in Ukraine
BARCELONA, March 3 (Reuters) - The number of people in Ukraine connecting to the internet using SpaceX's Starlink will probably reach around 12 million by the end of this year from the current 5 million users, the CEO of telecoms group Veon said on Tuesday.
Partnership with SpaceX and Kyivstar's Role
Last year, Veon signed a partnership with Elon Musk's company in a bid to bring satellite connectivity to mobile users in remote areas as competition in satellite-to-smartphone connectivity intensifies. Veon unit Kyivstar has rolled out the service in war-torn Ukraine.
CEO Insights on Satellite Connectivity
"I would expect every Ukrainian to consider having the ability to connect to satellite," CEO Kaan Terzioglu told Reuters at the Mobile World Congress in Barcelona. "Due to electricity outages, it could be the case that everybody once in a while will need the service."
Twelve million people represents around half of Kyivstar's total customers, he added.
Expansion Beyond Ukraine
Dubai-based Veon also plans to integrate Starlink's service into the network of Beeline, its operator in Kazakhstan.
Future Launches in Other Countries
Terzioglu said he hoped the service would be fully operating by the end of March and that it could also launch this year in at least one of the three other countries - Pakistan, Bangladesh and Uzbekistan - where it operates.
The group could consider entering "large-population, underserved markets" in South Asia, Latin America and Africa in a three- to five-year period if the right conditions arise, such as prices and taxation.
Competitive Landscape and Technology Initiatives
Non-Exclusive Partnerships and Competitors
The partnership with Starlink is non-exclusive, and Veon has said it is also in talks with Amazon's Project Kuiper, AST SpaceMobile and Eutelsat OneWeb.
But Kyivstar CEO Oleksandr Komarov told Reuters it would not use other satellite providers besides Starlink before the end of next year given the time it would take them to be operational.
AI and Language Model Developments
Komarov also said Kyivstar planned to deliver the first large language model using Google's Gemma framework in the next quarter and that it would be used for "Ukrainian state purposes", including war.
(Reporting by Joan Faus; Additional reporting by Leo Marchandon; Editing by David Latona and Andrei Khalip)
Key Takeaways
- •Veon projects Starlink‑connected users in Ukraine will more than double—from 5 million to ~12 million by year‑end 2026, equating to roughly half of Kyivstar’s customer base. (channelnewsasia.com)
- •The service is being rolled out by Veon’s Kyivstar unit to ensure connectivity amid wartime electricity outages and damaged infrastructure. (channelnewsasia.com)
- •Veon aims to expand Starlink integration into Beeline Kazakhstan by end of March and potentially launch in Pakistan, Bangladesh or Uzbekistan later in 2026. (channelnewsasia.com)
References
Frequently Asked Questions about Veon expects customers using Starlink in Ukraine to more than double this year
1How many people in Ukraine are expected to use Starlink by the end of 2024?
Veon's CEO expects around 12 million people in Ukraine will be using Starlink internet by year-end 2024, up from 5 million currently.
2Why is there growing demand for satellite internet in Ukraine?
Growing demand is driven by electricity outages and the need for reliable connectivity, especially in remote and war-affected areas.
3Which Veon unit is responsible for rolling out Starlink in Ukraine?
Kyivstar, a Veon unit, has rolled out Starlink satellite internet service in Ukraine.
4Is Veon planning to expand Starlink services to other countries?
Yes, Veon aims to integrate Starlink with Beeline in Kazakhstan and may launch in at least one of Pakistan, Bangladesh, or Uzbekistan in 2024.
5Will Kyivstar use other satellite providers aside from Starlink?
Kyivstar will not use other satellite providers before the end of next year due to the time required for new services to become operational.
