Global telecom group VEON has reaffirmed its commitment to expanding Pakistan’s digital infrastructure following a high-level meeting in Islamabad with Federal Minister for Finance and Revenue, Muhammad Aurangzeb. The delegation, led by VEON CEO Kaan Terzioğlu and Jazz CEO Aamir Ibrahim, endorsed the country’s recent multiband spectrum auction, describing the transparent process as a “win-win-win” for stakeholders and citizens alike. The government emphasized that the auction’s success reflects a commitment to policy consistency and investor facilitation, further elevating Pakistan’s profile in the global telecommunications sector.
Beyond traditional telecom services, the discussions focused on accelerating Pakistan’s transition toward a cashless, technology-driven economy. Jazz highlighted its ongoing role in advancing financial inclusion through JazzCash, specifically its collaboration with government institutions for targeted subsidy distributions and QR-based payment solutions. Both parties agreed to deepen their collaboration in the digital and fintech sectors, with VEON intending to expand its investment footprint to support broader economic reforms and the implementation of artificial intelligence and digital finance initiatives.
