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Kyivstar expects cell phone industry revenue to drop due to COVID-19
Journal Staff Report

KYIV, Oct 8 - Kyivstar expects a decrease in the revenues of the mobile communications industry in Ukraine by UAH 3 billion in 2020 due to the impact of the COVID-19 pandemic.

"The industry will lose about UAH 3 billion of income due to COVID-19 in 2020. Mainly due to the lost roaming, the foreign exchange earnings from which at least a little, but allowed us to balance the effect of COVID-19 ... At the same time, the industry will grow, and it will grow quite well. In my understanding, the industry will grow year-on-year by more than 10%," President of Kyivstar Oleksandr Komarov said at a conference in Kyiv.




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