Interfax-Ukraine
News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.
Ukraine's mobile industry is in long-term downtrend – Kyivstar president.
The Kyivstar operator expects the profitability of the mobile industry in Ukraine to continue falling amid ongoing hostilities.
"There was a growth trend over the first or second month [of the year] until February 24, then there was a strange, situational, crisis slide. And after that we start to go down. Unfortunately, in my understanding, we are in a long-term downtrend and I will be very happy if we bottom out by the end of this year. So far, we are just moving down," Alexander Komarov, president of the Kyivstar mobile operator, said in an interview with Interfax-Ukraine.
At the same time, he noted that the situation with margins is much worse, since the structure of income has changed a lot: low-margin international income has increased, the impact of inflation and devaluation has increased, and social initiatives and free services provided to Ukrainians during the active phase of the war has put an additional burden on the company.
"You need to understand: a margin of about 10% in a business that reinvests more than 20% is, in principle, a negative result at the level of net financial flow," Komarov stressed.
Tags: #mobile
G7 Foreign Ministers express resolve to bolster Ukraine's air defense capabilities.
G7 Foreign Ministers have expressed their resolve to bolster Ukraine's air defense capabilities to save lives and protect critical infrastructure against Russia's attacks.
Stoltenberg expects new announcements on air defense capabilities for Ukraine soon.
NATO Secretary General Jens Stoltenberg has said decisions on providing Ukraine with available air defense systems will be made and announced soon.
Ukraine, Israel on same side against partnership between Russia and Iran – Yermak.
Ukraine and Israel are on the same side against the partnership between Russia and Israel, which is increasingly acquiring the features of a military alliance, said head of the President’s Office of Ukraine, Andriy Yermak, speaking online to parti...
Use of Russia's frozen assets for Ukraine is only matter of time – Blinken.
The G7 states continue to work on agreements on using Russia's frozen assets for Ukraine in accordance with international law, and it will happen "one day or another," U.S. Secretary of State Antony Blinken said.
EIB developing energy-efficient housing restoration program for Ukraine with EUR 230 mln budget.
The European Investment Bank (EIB) has developed a program for the energy-efficient restoration of war-damaged multi-story buildings. The program's total budget is EUR 230 million, with a EUR 30 million pilot phase, Oksana Remiga, Senior Officer f...
Dubai hit by record rainstorm; flights suspended at one of world's busiest airports.
Dubai got more than 5.5 inches of rain over a 24-hour span. That's more rain in one day than the emirate gets in an entire year. CBS News' Ramy Inocencio looks at the flooding situation in the United Arab Emirates. CBS News Streaming Network is th...
Deadly Russian missiles hit Ukraine
At least a dozen people have died and more are injured after three missiles hit the northern Ukrainian city of Chernihiv, the Associated Press reports. BBC News Ukraine correspondent James Waterhouse has the latest from Kyiv. CBS News Streaming Ne...
Trump Media stock down since March peak
Stocks for former President Donald Trump's Truth Social parent company are sinking. Javier E. David, the business and markets managing editor for Axios and a CBS News contributor, breaks down the factors affecting Trump Media & Technology Group's ...
Israel blames U.N. for lack of aid reaching Gaza
Israel is blaming the United Nations for the starvation of thousands of Palestinians in Gaza. CBS News foreign correspondent Debora Patta reports on the humanitarian aid crisis and CBS News foreign correspondent Imtiaz Tyab has the latest on Israe...
Dubai police officer rescues a cat from floodwaters.
A #Dubai police officer rescued a #cat from floodwaters after finding it clutching onto a car door. » Subscribe to NBC News: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news...
The faces of inequality in India - DW News
India remains one of the most unequal countries worldwide when it comes to economic and gender inequalities, we met two families to show this gap. Subscribe: For more news go to: Follow DW on social media: ►Facebook: ►Twitter: ►Instagram: ►Twitch:...