VEON has pledged to expand its operations across Pakistan, reinforcing its commitment to the country’s digital growth and transformation. The announcement came during a high-level meeting with Finance Minister Senator Muhammad Aurangzeb, attended by VEON Group CEO Kaan Terzioğlu, CEO Jazz Aamir Ibrahim, and Chief Corporate & Regulatory Officer Jazz Syed Zaheer Mehdi.
The Finance Minister welcomed the delegation and acknowledged VEON’s growing role in Pakistan’s telecom and digital sectors. Terzioğlu congratulated the government on the successful multiband spectrum auction, noting that the transparent process and positive outcome have strengthened investor confidence and highlighted Pakistan’s improving macroeconomic stability.
The Finance Minister described the spectrum auction as a “win-win-win” for all stakeholders, emphasizing its benefits for citizens through improved connectivity and digital services. He highlighted that Pakistan’s achievement in the auction has drawn international attention, placing the country at the forefront of global telecom discussions.
The discussion also focused on Pakistan’s broader economic outlook and ongoing reforms aimed at attracting foreign investment, fostering innovation, and leveraging emerging technologies such as artificial intelligence and digital finance.
Terzioğlu reaffirmed VEON’s commitment to expand operations nationwide, signaling the company’s ambition to move beyond traditional telecom services and play a leading role in Pakistan’s digital transformation.
Aamir Ibrahim highlighted Jazz’s contributions to the government’s digitization agenda, particularly in digital payments and financial inclusion, including JazzCash’s targeted subsidy delivery and QR code-based payment solutions developed in collaboration with public institutions.
Senator Aurangzeb acknowledged VEON and Jazz’s contributions in advancing Pakistan’s digital ecosystem and promoting a cashless economy. He emphasized the importance of ongoing collaboration to strengthen financial inclusion, drive technology-led growth, and support national economic development.
Both sides agreed to maintain close coordination and continue technical discussions to implement initiatives that support Pakistan’s digital transformation and investment goals.
