VEON Group Reaffirms Commitment to Strengthen Pakistan’s Digital Infrastructure in Meeting with Prime Minister
November 08 2024 - 8:30AM
UK Regulatory
VEON Group Reaffirms Commitment to Strengthen Pakistan’s Digital
Infrastructure in Meeting with Prime Minister
Islamabad, 8 November 2024 – VEON Ltd.
(Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital
operator, is pleased to announce that a VEON delegation led by VEON
Chairman and Founder Augie Fabela, VEON Group CEO Kaan Terzioglu
and Jazz CEO Aamir Ibrahim visited Prime Minister of Pakistan
Shehbaz Sharif today in Islamabad, to discuss the advancement of
the country's digital landscape.
The Prime Minister commended Jazz’s role in
driving digital transformation and fostering economic empowerment
through technology. During the meeting, the VEON delegation
provided a comprehensive overview of VEON’s substantial investments
in Pakistan’s digital infrastructure through Jazz and Mobilink
Bank, serving more than 70 million mobile users, more than 63
million monthly active users (MAUs) across its digital services
such as JazzCash, Tamasha, Simosa, and thousands of enterprise
clients from small and medium businesses to the country’s largest
national and multinational conglomerates, supporting the
digitalization of Pakistan’s economy.
The delegation also met with Finance Minister
Muhammad Aurangzeb; Minister of State for IT &
Telecommunications Shaza Fatima Khawaja; Jameel Ahmed, the Governor
of the State Bank of Pakistan; Pakistan Telecommunications
Authority Chairman Major General (R) Hafeez-Ur-Rehman.
“Pakistan presents a massive digital growth
opportunity with a population of 244 million, 64% of whom are under
30. With a growing population, a stabilizing economy, and millions
still awaiting access to opportunities in financial services,
education, healthcare, and information, Pakistan has the potential
to demonstrate how closing the digital divide can unlock economic
growth and drive social progress.” said Group CEO Kaan
Terzioglu. “We are committed to being Pakistan’s strategic
partner in accelerating the vision of digital transformation for
socioeconomic growth, and to showcasing the country’s tremendous
potential and investment case on the international platforms that
we are a part of.”
VEON will host its upcoming Board meeting and
its annual Board Strategy meeting in Pakistan, its largest market,
in the coming days.
About Jazz
Jazz is Pakistan’s leading digital operator with over 71.4 million
cellular subscribers and 63.3 million MAUs of digital
services as of Q2 2024. Jazz offers the most extensive portfolio of
digital services including JazzCash, Pakistan’s leading fintech;
Garaj, the largest onshore cloud and cybersecurity platform; and
Tamasha, Pakistan’s largest homegrown OTT video streaming and
entertainment platform.
About VEON
VEON is a digital operator that provides converged connectivity and
digital services to nearly 160 million customers. Operating across
six countries that are home to more than 7% of the world’s
population, VEON is transforming lives through technology-driven
services that empower individuals and drive economic growth. VEON
is listed on Nasdaq and Euronext. For more information visit:
https://www.veon.com.
Contact Information
VEON
Hande Asik
Group Director of Communications
pr@veon.com
MHP Group
Julian Tanner
Julian.tanner@mhpgroup.com
- A VEON delegation led by Chairman and Founder Augie Fabela,
Group CEO Kaan Terzioglu and Jazz CEO Aamir Ibrahim visited Prime
Minister of Pakistan Shehbaz Sharif today in Islamabad.
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