{
  "id": 18792492,
  "title": "JazzWorld reports revenue of PKR144.9bn for third quarter of 2026",
  "url": "https://urgent.news/2026/11/07/jazzworld-reports-revenue-of-pkr144-9bn-for-third-quarter-of-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T21:33:13.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40447955/jazzworld-reports-revenue-of-pkr1449bn-for-third-quarter-of-2026"
  },
  "original_language": "en",
  "account": "JazzWorld disclosed a revenue of PKR 144.9 billion for the third quarter of 2026, marking a 26.6% increase compared to the previous year. Digital services revenue climbed 47.9% year-over-year to PKR 58.1 billion, comprising 40.1% of the total revenue, up from 34.3% a year earlier. EBITDA surged 23.9% YoY to PKR 65.2 billion. Mobile customers grew by 5.1% to 76.4 million, while 4G and 5G customer base expanded 8.1% to 59.5 million. Average data usage rose 11.7% YoY to 8.4 GB per user. JazzWorld's premium digital brand, ROX, attracted 3.3 million active users, up 62.8% YoY. The company boosted its investment by 68.9% YoY to PKR 20.9 billion, spent on telecommunications infrastructure, network expansion, and 5G rollout. Financial services revenue expanded 67.6% YoY to PKR 43.4 billion, driven by JazzCash, Mobilink Bank, and JazzSure Insurance. The gross loan portfolio of the financial services business rose 51.9% YoY to PKR 134.6 billion. JazzCash's digital financial services ecosystem grew, serving 65 million branchless banking accounts, with 30.4 million active users. Merchant network reached approximately 2 million, including 957,000 active merchants. JazzCash issued over 230,000 nano-loans daily. SIMOSA's active user base grew 22.1% to 36.3 million. Tamasha and FikrFree had 33.9 million and 16.8 million active users, respectively. CEO Aamir Ibrahim stated, \"Digital services now account for 40% of our revenue. A shopkeeper receiving payment via JazzCash and a family watching cricket on Tamasha both rely on a reliable connection. That's why network investment remains crucial to our growth. Looking ahead, AI can help people access services in their own language, bridging the intelligence divide in Pakistan.\"",
  "summary": "ISLAMABAD: JazzWorld reported revenue of PKR 144.9 billion for the third quarter of 2026, up 26.6 percent from a year earlier. Digital services revenue grew 47.9 percent YoY to PKR 58.1 billion and accounted for 40.1 percent of total revenue, up from 34.3 percent a year earlier. EBITDA during the quarter increased 23.9 percent YoY to PKR 65.2 billion. Telecommunications and infrastructure revenue…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}