Kyivstar mobile operator acquires Shtorm internet provider in Kirovohrad region
Ukraine’s largest mobile operator, Kyivstar, has acquired regional internet provider ISP Shtorm LLC in Kirovohrad region, which serves more than 50,000 subscribers, the operator said in a statement on Friday.
"The synergy of the teams and expertise of the two companies, along with Kyivstar’s investment capabilities, will make it possible to provide subscribers with a qualitatively new level of service both in telecommunications and in access to Kyivstar’s digital products," commented Kyivstar CEO and President Oleksandr Komarov.
Shtorm provides coverage in Kirovohrad region, serving the cities of Kropyvnytsky and Oleksandria, as well as 132 surrounding localities.
The purchase price of the provider was not disclosed in the release.
According to data from YouControl, ISP Shtorm LLC increased its revenue 4.7-fold in the first nine months of this year compared to the same period in 2024, to UAH 94.86 million, while net profit surged 17-fold to UAH 30.39 million.
The company’s beneficiaries, with charter capital of UAH 4.5 million, had been Vitaliy Oliynyk and Yulia Makarenko on an equal basis, but Kyivstar is now listed as the owner in the register.
Kyivstar emphasized that the transaction preserves the provider’s workforce of more than 100 employees, including engineers, designers, and customer service center specialists, who will continue to maintain the network and support subscribers in the region.
In August last year, Kyivstar first announced the acquisition for $2 million in September 2024 of LanTrace (Boryspil), a regional fixed broadband internet provider in Kyiv region.
As reported, in the third quarter of 2025 Kyivstar served 22.5 million mobile subscribers and more than 1.1 million Home Internet subscribers. In the third quarter of 2025, the company reported EBITDA of UAH 7.1 billion, up 21.5% year-on-year; in dollar terms, EBITDA rose 20.4% to $171 million.