Vodafone Invested Over UAH 24 Billion in Critical Infrastructure and Technology

In 2025, Vodafone increased revenue by 14% and investment by 41%

Despite the unprecedented challenges of wartime, Vodafone Ukraine demonstrated the ability to simultaneously maintain operational resilience, financial discipline, and technological development in 2025. The company maintained the stability of key indicators, scaled its infrastructure, and continued investing in the future of Ukraine's telecom market.

Investments in Critical Infrastructure and Technology

Stable revenue growth allowed Vodafone to increase investments in the development and maintenance of critical infrastructure in Ukraine by 41%. The company invested UAH 8.7 billion into the network – double the amount of its 2025 profit. Vodafone directed 50% of these investments toward development, network restoration, and ensuring communication stability during the energy crisis. The total amount of Vodafone's investments in 2022–2025 exceeded UAH 24 billion.

Utilizing these invested funds, Vodafone installed an additional 20,000 new batteries and increased the number of available generators to 7,000 to provide backup power during multi-hour blackouts. The installation of solar power plants at sites across the country has also commenced.

Furthermore, Vodafone significantly expanded its 4G coverage, launching 7,500 new 4G base stations in 2025. Vodafone allocated approximately one billion hryvnias to build Ukraine's most advanced home internet network, capable of operating for over 100 hours without electricity. These investments and actions helped navigate the most difficult winter in history and maintain communication stability.

Vodafone continues to develop solutions based on AI and GenAI to enhance internal efficiency and improve customer experience.

Financial and Operational Results

Based on 2025 results, Vodafone increased its revenue by 14% to UAH 27.8 billion. The main growth factors were a focus on developing the fixed-line business, an increase in data usage, and a corresponding rise in service revenues from both mobile and fixed communications. OIBDA in 2025 grew by 15% to UAH 14 billion, despite a significant increase in costs associated with powering the network. The OIBDA margin remains stable with an upward trend – +0.3 p.p. compared to 2025 levels – reaching 50.4%. Vodafone Ukraine's net profit stands at UAH 4.18 billion, representing an 18% increase compared to 2024.

The customer base has remained stable over the last four years, with 15.4 million users choosing the Vodafone mobile network. The percentage of contract customers continues to grow; thanks to attractive contract tariffs, the number of contract connections increased by 34%.

Breakthrough in Fixed Communications (GPON)

The year 2025 was marked by the dominance of Vodafone's gigabit home internet network. The number of users of energy-efficient GPON technology grew 1.5 times compared to the previous year. Vodafone Home coverage reached 2 million households, with over 600,000 connected during 2025 alone. According to the annual nPerf study, Vodafone's home internet became the market leader in most key quality indicators.

Preparation for 5G and Network Modernization

The company continues preparing its infrastructure for the implementation of 5G. In 2025, 5G network pilot projects were implemented, specifically in educational institutions and urban locations. Networks were built for the first open 5G zones with speeds exceeding 1 Gbps in Lviv, Kharkiv, and Borodyanka. In parallel, a large-scale network modernization program was launched in cooperation with European partner Nokia.

International Infrastructure Development: The "Europe-Asia" Digital Corridor

One of the most significant events of the year was the announcement of the construction of the new Kardesa submarine cable system in the Black Sea. This project, implemented in partnership with Vodafone Group, will create a modern digital corridor between Europe and Asia with landing points in Ukraine, Bulgaria, Georgia, and Turkey, significantly enhancing global internet reliability.

Financial Resilience and Discipline

The company demonstrated high financial discipline, successfully completing the restructuring of $400 million in bonds and conducting a partial buyback of Eurobonds. Throughout the year, the company continued to repurchase Eurobonds, which reduced the debt load and strengthened its financial position.