26 Feb 2024
Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open RAN to Rebuild Ukraine's Digital Infrastructure Companies intend to take the first steps in implementation in 2024
Barcelona, February 26, 2024 - VEON, (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that its wholly-owned subsidiary Kyivstar and Rakuten Symphony, a subsidiary of the leading internet services company Rakuten Group have signed of a Letter of Intent (LoI) that confirms Kyivstar's interest in procuring and deploying Rakuten Symphonys Open Radio Access Network (Open RAN) technology in its network.
The LoI confirms Kyivstar's intent to use Rakuten's Open RAN and 5G technologies to help rebuild Ukraines digital infrastructure, reinforcing both companies' commitment to supporting Ukraine's recovery and reconstruction. The companies intend to take the first steps in the implementation of their cooperation within 2024. Kyivstar and Rakuten Symphony are currently collaborating to define the scope of their initiative, which will involve both 4G and 5G Open RAN technology.
Rakuten and VEON celebrated the signing of the LoI between Rakuten Symphony and Kyivstar at the MWC24 Barcelona. Left to right: Volodymyr Lutchenko, Kyivstar CTO; Lasha Tabidze, VEON Group Digital Operator Officer; Mickey Mikitani, Group Chairman and CEO, Rakuten; Vice Minister Hiroshi Yoshida, Vice-Minister of Internal Affairs and Communications of Japan; Kaan Terzioglu, VEON Group CEO; Oleksandr Komarov, Kyivstar CEO and Hideyuki Hirama, EVP, COO and CSO, Rakuten Symphony.
Rakuten and Kyivstar held a signing ceremony for the LoI in the presence of Fumio Kishida, Prime Minister of Japan, and Denys Shmyhal, Prime Minister of Ukraine, at the Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction, hosted in Tokyo on February 19, with Hideyuki Hirama, EVP, COO and CSO of Rakuten Symphony, and Sergiy Korsunsky, Ukrainian Ambassador to Japan, in attendance.
Keidanren
Mickey Mikitani, Chairman and CEO, Rakuten Group, said, Rakuten is extremely proud to continue its support for Ukraine's efforts to rebuild its infrastructure and in supporting Kyivstar's vision for deploying Open RAN. We look forward to advancing collaboration between our two organizations and to realising Ukraine's digital potential through the rebuilding of the country's digital infrastructure.
Kaan Terzioglu, Group CEO of VEON, said We are now in the implementation phase of our 600 million USD investment commitment for the reconstruction of Ukraine. I share the excitement of our Kyivstar team, under the leadership of Kyivstar CEO Oleksandr Komarov, in working with Rakuten to rebuild the country's infrastructure with Open RAN as a part of this commitment. We have a shared passion for building Ukraine's digital future and I'm glad to see the progress in our joint effort.
The signing follows a number of measures taken by Rakuten and VEON to support Ukraine throughout the war, demonstrating a commitment to its people, economy and post-war reconstruction. In August 2023, Rakuten Symphony and VEON, Kyivstar's parent company, signed a Memorandum of Understanding to explore cooperation in Ukraine, with the goal of accelerating the reconstruction of the country's infrastructure, through collaboration on Open RAN and digital services.
Rakuten Group Chairman and CEO Mickey Mikitani accompanied Japanese government officials on a diplomatic mission to Ukraine in September 2023. Serving as a representative of Japan's private sector, Mikitani met with Ukraine leaders including President Volodymyr Zelenskyy and Minister Mykhailo Fedorov, Ukraine's Vice Prime Minister for Innovation, Development of Education, Science and Technology and Minister of Digital Transformation.
Rakuten also launched the Ukraine Humanitarian Crisis Emergency Relief Fund through its online donation platform, Rakuten Clutch Special Charity Fund, and held a t-shirt donation drive to support Ukraine that raised more than 1.3 billion yen.
VEON's Kyivstar, the largest telecommunications operator in Ukraine, has kept its 24 million customers connected at home and abroad throughout the past two years, and continued to invest heavily in its network and digital services. One of the largest taxpayers in Ukraine, Kyivstar also supports a number of charitable causes, most recently raising 4.8 million USD for the demining of Ukraine.
VEON has committed 600 million USD in investments over three years, supporting Ukraine's reconstruction and recovery; and has announced the intention to widen the scope of its commitment to 1 billion USD in five years, if market conditions permit.
About VEON
VEON is a global digital operator that currently provides converged connectivity and online services to nearly 160 million customers in six dynamic markets. We are transforming people's lives, empowering individuals, creating opportunities for greater digital inclusion and driving economic growth across countries that are home to more than 7% of the world's population. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext Amsterdam. For more information, visit: https://www.veon.com
About Kyivstar
Kyivstar is the largest telecoms operator in Ukraine with 24 million mobile subscribers and over 1.1 million home internet subscribers. The company provides services based on mobile and fixed-line technologies, including 4G, as well as Big Data, IoT, cloud solutions, digital TV, digital health and others. Kyivstar is 100% owned by the international VEON Group, headquartered in the Netherlands and listed on NASDAQ and Euronext Amsterdam stock exchanges. For more information visit: https://www.kyivstar.ua.
About Ra
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Zero in on one that says yes (and no)
Andy Marken May 29, 2026
0 Comments
Hero image courtesy of Deposit Photos
For content creators the most difficu...
29/05/2026
With InfoComm 2026 just weeks away, NDI is giving attendees plenty of reasons to...
29/05/2026
Reaffirming a partnership that has defined Canadian sports broadcasting since 19...
29/05/2026
Mobile/tablet is No. 2 device for watching TV, suggesting that the sports-production industry needs to take another look at the format
Ring Digital's Sprin...
29/05/2026
Berliner Ensemble, one of Berlin's five major theater companies, has expande...
29/05/2026
Solid State Logic will showcase its new compact, fly-away TCA Tour audio product...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, passed away last month on April 12 ...
29/05/2026
Paramount+ will be the English-language U.S. home for Barclays Women's Super...
29/05/2026
Further strengthening its virtualisation strategy to fully support broadcasters ...
29/05/2026
Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cant...
29/05/2026
PTZOptics will showcase a new generation of intelligent video workflows at InfoComm 2026, June 17-19, Las Vegas. Visitors to booth N8227 will see how PTZOptics ...
29/05/2026
Arizona's Family has launched the Arizona's Family Sports (AZFS) streaming app, a new direct-to-consumer destination for live, local sports. The app is ...
29/05/2026
Starting in 2027, DAZN will be the exclusive home of The Canadian Football Leagu...
29/05/2026
Comcast Business has detailed the advanced network infrastructure it has deploye...
29/05/2026
In two-day event, leaders from academia and industry explored solutions to chall...
29/05/2026
The Basketball Tournament (TBT), now entering their 13th year of competition, ha...
29/05/2026
Roku has launched FOX One as a Premium Subscription on The Roku Channel in the U.S. Roku customers can now subscribe to FOX One using their Roku account for liv...
29/05/2026
In its sixth year, the broadcaster's coverage has become a global brand and ...
29/05/2026
Ratings Roundup is a rundown of recent ratings news and is derived from press re...
29/05/2026
The days are getting longer, the temperatures are rising, and playlists are filling up for the season. With summer around the corner, Spotify's global edito...
29/05/2026
New retro-inspired MPC announced
There are few devices that have gained the status held by Akai Pro's MPC range, and in recent years, the company have s...
29/05/2026
Save up to 30 on acclaimed titles
Following a successful launch at Superbooth 2026, Bjooks have revealed that they will be continuing the Kickstarter campa...
29/05/2026
Binaural monitoring application improved
Genelec have just released an update that brings some powerful new features to their HRTF-based binaural headphone ...
29/05/2026
6 June 2026 at SAE Institute, London, UK
IMSTA FESTA 2026 is almost upon us, with some of the biggest names in pro-audio set to descend upon SAE Institute i...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, died April 12, 2026, at his home in...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Comparing 5 AI Video Enhancers for Restoring Old Video Quality
Kate Luvis May 29, 2026
0 Comments
Digitizing VHS, MiniDV, and other legacy formats doe...
29/05/2026
Studio Hamburg Builds New Post Pipeline with DaVinci Resolve Studio
Brie Clayton May 29, 2026
0 Comments
Workflow replaces a patchwork of legacy tools...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
At the Intersection of Music and Dance, an Epic Collaboration Boston Conservatory musicians and dancers found creative parallels in their recent performance o...
29/05/2026
May 29 2026, 09:00 (PDT) Dolby and rednote Bring More Immersive Storytelling to...
29/05/2026
Something fundamental has shifted in how people consume media. Audiences aren't abandoning television or radio content; they're just expanding how, wher...
29/05/2026
Youtube exclusive special drops today
Watch now
UKTV today announces another e...
29/05/2026
Back to All News
The Official Trailer of Physical 100 Italy, on Netflix From Se...
29/05/2026
At just 20 years old, Sean Melia from Summerhill Co. Meath has been revealed as the winner of Super Garden 2026. Sean is the youngest ever contestant and winner...
29/05/2026
Experimental HIV vaccine achieves a long-sought goal In a first for the field, all non-human primates given a new series of vaccines generated antibodies capabl...
26 Feb 2024
