<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<schemaVersion>X0202</schemaVersion>
<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001468091</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>1</amendmentNo>
<securitiesClassTitle>Common shares, par value $0.01 per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>03/31/2026</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0002062440</issuerCik>
<issuerName>Kyivstar Group Ltd.</issuerName>
<issuerCusips>
<issuerCusipNumber>G5331N101</issuerCusipNumber>
</issuerCusips>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Unit 517, Level 5, Index Tower, DIFC</com:street1>
<com:street2>(Dubai International Financial Center)</com:street2>
<com:city>Dubai</com:city>
<com:stateOrCountry>C0</com:stateOrCountry>
<com:zipCode>00000</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>VEON Amsterdam B.V.</reportingPersonName>
<citizenshipOrOrganization>P7</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>192967440</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>192967440</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>192967440</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>83.6</classPercent>
<typeOfReportingPerson>FI</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>VEON Ltd.</reportingPersonName>
<citizenshipOrOrganization>D0</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>192967440</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>192967440</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>192967440</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>83.6</classPercent>
<typeOfReportingPerson>FI</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Kyivstar Group Ltd.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Unit 517, Level 5, Index Tower, DIFC, (Dubai International Financial Center), Dubai, United Arab Emirates, 00000</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons."  This statement is filed on behalf of:&#13;
&#13;
VEON Amsterdam B.V.&#13;
VEON Ltd.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>The principal business address for VEON Amsterdam B.V. is:&#13;
&#13;
Claude Debussylaan 88&#13;
Amsterdam 1082 MD&#13;
The Netherlands&#13;
&#13;
The principal business address for VEON Ltd. is:&#13;
&#13;
Index Tower (East Tower)&#13;
Unit 1703&#13;
Dubai International Financial Centre (DIFC)&#13;
United Arab Emirates</principalBusinessOfficeOrResidenceAddress>
<citizenship>VEON Amsterdam B.V. is organized under the laws of the Netherlands.&#13;
&#13;
VEON Ltd. is organized under the laws of Bermuda.</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>VEON Amsterdam B.V. - 192,967,440&#13;
&#13;
VEON Ltd. - 192,967,440</amountBeneficiallyOwned>
<classPercent>VEON Amsterdam B.V. - 83.6 %&#13;
&#13;
VEON Ltd. - 83.6 %</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>VEON Amsterdam B.V. - 0&#13;
&#13;
VEON Ltd. - 0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>VEON Amsterdam B.V. - 192,967,440&#13;
&#13;
VEON Ltd. - 192,967,440</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>VEON Amsterdam B.V. - 0&#13;
&#13;
VEON Ltd. - 0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>VEON Amsterdam B.V. - 192,967,440&#13;
&#13;
VEON Ltd. - 192,967,440</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<exhibitInfo>Exhibit No.    Description&#13;
99                 Joint Filing Agreement.</exhibitInfo>
<signatureInformation>
<reportingPersonName>VEON Amsterdam B.V.</reportingPersonName>
<signatureDetails>
<signature>/s/ Kaan Terzioglu</signature>
<title>Kaan Terzioglu/Director</title>
<date>05/11/2026</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ Maciej Wojtaszek</signature>
<title>Maciej Wojtaszek/Director</title>
<date>05/11/2026</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>VEON Ltd.</reportingPersonName>
<signatureDetails>
<signature>/s/ Sebastian Rice</signature>
<title>Sebastian Rice/Group General Counsel</title>
<date>05/11/2026</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
