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Investing.com -- Kyivstar stock jumped 8% in premarket trade after the Ukrainian digital operator announced it has become the first in Europe to offer Starlink Direct to Cell satellite connectivity to all its subscribers.
The new service enables Kyivstar users with 4G smartphones to send and receive SMS messages in areas where terrestrial connections are unavailable. This capability is particularly crucial for Ukrainians in frontline areas, de-occupied territories with damaged infrastructure, and for rescue and humanitarian missions.
"In Ukraine, staying connected means staying safe," said Oleksandr Komarov, CEO of Kyivstar.
"To ensure this for millions of Ukrainians, we have been equipping our network with batteries and generators that provide up to 10 hours of continuous coverage when the grid power is not available due extended blackouts. Today we are introducing the cutting-edge Direct to Cell technology which will increase this resilience significantly, starting with a vital functionality that is critical for our people."
The partnership with SpaceX aims to provide basic connectivity in areas without mobile coverage. While the service currently only supports SMS messaging due to bandwidth limitations, voice calls and mobile data capabilities are planned for future implementation phases.
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