Ukraine's Kyivstar lost 3% of annual growth due to Russian cyber attack

VEON

20/05/2024 10:51

May 20 (Reuters) - Ukraine's leading mobile operator
Kyivstar lost about 3% of its annual growth following the
Russian cyber attack on its services last year, the company's
president said. 
    "Before the cyber attack, we were moving with an increase of
11-12% quarter-on-quarter in 2023. The cyber attack ate up about
3% of the annual growth," Kyivstar CEO Oleksandr Komarov told
Interfax-Ukraine agency. 
    He added that the mobile operator spent 3.6 billion hryvnia 
($90.76 million) to eliminate the consequences of the attack. 


($1 = 39.6667 hryvnias)

 (Reporting by Yuliia Dysa; Editing by Kirsten Donovan)
 ((Yuliia.Dysa@thomsonreuters.com;))