Kinstellar has advised telecommunications operator Kyivstar on its acquisition of a controlling stake in digital healthcare company Helsi.
Veon subsidiary Kyivstar is a digital operator in Ukraine with about 25 million mobile subscribers and over 1.2 million home internet subscribers, as of June 2022. The company provides services related to mobile and fixed-line technologies, including 4G.
Helsi is a medical information system and a digital provider in the healthcare field in Ukraine, with over four million Helsi mobile application users.
“By signing the agreement with Helsi we see great potential to take the lead in the e-health industry,” Kyivstar CEO Alexander Komarov commented. “Kyivstar is planning to expand its business and invest in the next three years in the development of digital eco-systems for the health of Ukrainians, developing new products, enhancing critical infrastructure, and creating new jobs.”
The Kinstellar team was led by Partner Galyna Zagorodniuk and Counsel Natalia Kirichenko and included Senior Associates Danylo Rudyk and Ivan Shatov and Associates Andrii Kornuta and Olena Stanishevska.