KYIV, UKRAINE / ACCESS Newswire / September 25, 2025 / Vodafone Ukraine, part of NEQSOL Holding, today announced its financial and operational results for the first half of 2025, showcasing resilience, growth, and an unwavering commitment to Ukraine's digital transformation. Despite the extraordinary challenges of wartime conditions, the company continues to prioritize connectivity, innovation, and investment in the nation's critical infrastructure.

The results were presented on September 3 to investors and stakeholders, underscoring how Vodafone Ukraine has maintained solid performance, strengthened its market position, and advanced its role in supporting the country's long-term reconstruction.

Strong Financial and Operational Results

For the first six months of 2025, Vodafone Ukraine delivered notable financial progress:

• Revenue reached UAH 13.5 billion, marking a 15% year-on-year increase.

• Operating income before depreciation and amortization (OIBDA) rose 12% to UAH 7.2 billion.

• Capital expenditures (CapEx) surged by 66% to UAH 3.5 billion, reflecting accelerated network construction, modernization, and blackout support measures.

While net profit was impacted by currency fluctuations and wartime disruptions, the company's core operations remained robust. Average revenue per user (ARPU) grew by 18.5% year-on-year, reflecting greater customer demand for high-quality digital services. The customer base held steady at more than 15 million active users, reinforcing Vodafone Ukraine's status as a market leader.

Investing in Connectivity and Recovery

Vodafone Ukraine's financial and operational results highlight its resilience and strategic importance. By investing heavily in rebuilding infrastructure and strengthening digital networks, the company ensures that Ukrainians remain connected under even the most difficult conditions.

These efforts align with Ukraine's national recovery priorities, as emphasized at the Ukraine Recovery Conference in Rome earlier this year. Reliable connectivity has become an essential enabler of economic stability, education, healthcare, and government services-all areas where Vodafone Ukraine continues to play a leading role.

Leadership Perspectives

Yusif Jabbarov, Chairman of NEQSOL Holding, commented:
"Vodafone Ukraine's performance in the first half of 2025 is not just about numbers - it is about resilience, trust, and responsibility. Our significant investments, even in the face of adversity, are a clear demonstration of our long-term commitment to Ukraine and its people. Reliable connectivity is fundamental to the nation's economic recovery and future growth."

Olga Ustinova, CEO of Vodafone Ukraine, added:
"Despite unprecedented challenges, Vodafone Ukraine continues to deliver high-quality services and invest heavily in rebuilding and expanding our infrastructure. The growth in revenues and ARPU reflects our customers' trust and the tireless dedication of our teams. We remain committed to supporting Ukraine's digital transformation, ensuring that our network is resilient, innovative, and future-ready."

Enabling Ukraine's Digital Future

Vodafone Ukraine's strategy extends beyond recovery. The company is actively preparing for the future of Ukraine's digital economy, introducing advanced technologies that can drive long-term growth. Investments in 4G and 5G expansion, energy-efficient infrastructure, and enhanced cybersecurity are central to this mission.

Additionally, Vodafone Ukraine plays a pivotal role in providing digital tools for businesses, supporting remote work, and enabling access to essential services for millions of citizens. Its focus on innovation ensures that Ukraine can integrate more seamlessly into the global digital economy.

A Resilient Market Position

In a rapidly changing environment, Vodafone Ukraine has proven its ability to adapt and thrive. The company's emphasis on financial discipline, operational efficiency, and customer experience has allowed it to maintain a leading market share, even during times of crisis. The rise in ARPU demonstrates that Ukrainian consumers increasingly value premium connectivity and are willing to invest in reliable digital services.

Looking ahead, Vodafone Ukraine remains focused on balancing short-term resilience with long-term growth, ensuring that it contributes meaningfully to both the economic recovery and future prosperity of Ukraine.

About NEQSOL Holding

NEQSOL Holding is an international group of companies operating in 11 countries across the telecommunications, energy, construction, mining, and hi-tech industries. Its commitment to governance, risk management, and compliance is at the core of its strategy to ensure sustainable and responsible business practices.

MEDIA CONTACT
Contact Person: Nazrin Gadimova
Company: NEQSOL Holding
Email: ngadimova@neqsolholding.com
Website: https://www.neqsolholding.com/

SOURCE: NEQSOL Holding