Pakistan remains strategic growth market for VEON, says CEO
VEON, a global digital operator, has reaffirmed its commitment to continued investment in Pakistan’s digital and telecom sector, describing the country as a “strategic growth market”. The development came during a meeting between VEON Group CEO Kaan Terzioğlu and Pakistan Telecommunication Authority (PTA) Chairman Major General (R) Hafeez Ur Rehman. According to a statement released on Tuesday, a…
VEON, a leading global digital operator, has reiterated its dedication to investing in Pakistan's digital and telecommunications industry, labeling the nation as a "strategic growth market." This decision was communicated during a recent meeting between VEON Group CEO Kaan Terzioğlu and Pakistan Telecommunication Authority (PTA) Chairman Major General (R) Hafeez Ur Rehman.
The VEON and JazzWorld leadership delegation, comprising Kaan Terzioğlu and Aamir Ibrahim, met with Major General (R) Hafeez Ur Rehman to discuss Pakistan's digital expansion, ongoing telecom investments, service quality, and a favorable regulatory environment. The delegation expressed gratitude for the PTA's role in promoting Pakistan's digital advancement and welcomed the recent spectrum award and 5G licensing process.
These developments have facilitated JazzWorld's accelerated 4G and 5G network growth, with the company reaching over 1,000 live 5G sites and aiming to reach more than 2,500 by the conclusion of 2026.
Kaan Terzioğlu emphasized that Pakistan continues to be a strategic growth market for VEON and JazzWorld, vowing to invest in the country's digital future. The progress of Pakistan's 5G journey necessitates sustained investment and policies that foster a robust and sustainable telecom sector. Aamir Ibrahim echoed this sentiment, stating that the focus is on transforming investments in 4G and 5G into enhanced service quality and increased digital inclusion.
Ensuring continued progress hinges on ongoing investment and collaboration across the industry and the regulatory ecosystem to maintain accessible digital services for Pakistanis.
The leadership discussion also touched upon JazzWorld's broader expansion beyond mere connectivity, encompassing financial services, banking, insurance, technology, and other digital solutions. The meeting solidified VEON and JazzWorld's commitment to ongoing collaboration with the PTA to promote sustainable investment, enhance connectivity and service quality, and advance Pakistan's digital economy.
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