VEON Ltd. (NASDAQ:VEON), a global digital operator and the parent company of Kyivstar Group Ltd. (NASDAQ:KYIV, KYIVW)), today announced that Kyivstar has signed a Memorandum of Understanding (MoU) with the Ministry of Economy of Ukraine to advance the development of Ukraine’s digital infrastructure and economy. The collaboration includes exploring the establishment of a sovereign, AI-ready data center in Ukraine, with VEON expected to support implementation through its financial backing and global expertise.