Online radio more.fm creates radio station for Kyivstar
Online radio station Radio more.fm, launched in 2016 in Odesa by radio host Pavel Kozlov and businessman and co-owner of the TIS terminal group, Andriy Stavnitser, has created Radio Kyivstar for the subscribers of Kyivstar, the largest Ukrainian mobile communication operator.
"Some 26 million subscribers of Kyivstar can listen to the new station without charging for mobile traffic," the project participants told Interfax-Ukraine.
According to them, streaming service is already available for free download, and the feature of the new radio will be broadcasting without commercial breaks.
Currently, three music streams have been launched on Radio Kyivstar: Business, Lounge and TOP-Hits, but the number of streams is expected to increase.
"This is a new format that will surely supplant all the rest very soon," more.fm said, citing the founder Stavnitser.
More.fm Head Kozlov said that his team has been creating corporate radio stations for several years, including hotels, restaurants, medical clinics and chain stores, but Radio Kyivstar, with 26.4 million subscribers of the operator, is potentially the most mass radio station.
More.FM LLC (Vyzyrka, Kominternovsky district, Odesa region - the address of the companies of the TIS group) was established at the end of December 2015 on an equal footing by Stavnitser and Kozlov with a charter capital of UAH 20,000.
Kyivstar, a leading Ukrainian mobile communications operator, serviced 26.4 million subscribers in Ukraine as of late September 2017. Its revenue grew by 10.5% in January-September 2017, to UAH 11.08 billion, and earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 11.8%, to UAH 6.02 billion.