VEON Group CEO Kaan Terzioglu and JazzWorld CEO Aamir Ibrahim have held a series of high-level government meetings in Islamabad, engaging the Federal Ministers for Planning, Finance, Defence and Information Technology, alongside the leadership of the Pakistan Telecommunication Authority, the Benazir Income Support Programme and the newly established Pakistan Virtual Assets Regulatory Authority, as the operator moves to consolidate public-private alignment behind its digital expansion agenda.
The meetings follow JazzWorld’s acquisition of 190 MHz of spectrum in Pakistan’s March auction for USD 239 million, the largest allocation secured by any operator in what the government described as a near-tripling of total mobile spectrum available nationally. VEON and JazzWorld used the Islamabad engagements to outline a commitment to invest USD 1 billion over the next three years in network infrastructure, platform development and digital services, building on more than USD 11 billion deployed in Pakistan since 1994.
Discussions with PTA Chairman Hafeez ur Rehman focused on the spectrum auction outcome, device affordability and the conditions required for phased 5G adoption. With the Finance Minister, the delegation highlighted JazzWorld’s role in expanding financial inclusion through JazzCash, which has registered over one million merchants on the Raast QR payment system and supports targeted subsidy delivery in partnership with government institutions.
The meeting with BISP Chairperson Rubina Khalid addressed the expansion of digital disbursements through JazzCash to welfare beneficiaries, with both sides discussing how mobile financial infrastructure can improve transparency and reach for women in underserved communities.
“Pakistan’s transition from stabilisation to growth is both credible and well-timed, and digital scale will be central to sustaining this momentum,” said Terzioglu.
JazzWorld serves over 100 million users across connectivity, fintech, entertainment and enterprise platforms, making it Pakistan’s largest integrated digital operator. The engagement with PVARA signals early-stage positioning in Pakistan’s emerging digital assets regulatory framework, a domain where few regional operators have yet established formal government relationships.
