A multinational telecommunication services company, Veon Group, has urged the Pakistani government to tackle impediments hindering the country’s potential for international investments and the swift integration of future technologies. Veon Group CEO Kaan Terzioglu conveyed these concerns during a meeting with Federal Minister for IT and Telecommunication Umar Saif and Pakistan Telecommunication Authority Chairman Major General (Retd) Hafeezur Rehman. Jazz CEO Aamir Ibrahim accompanied Terzioglu during the meeting.
The delegation took the opportunity to present an overview of Jazz’s substantial investments in Pakistan, exceeding $10.6 billion. This significant capital injection is strategically directed towards advancing the nation’s digital infrastructure. The investment includes initiatives such as mobile broadband expansion, the development of JazzCash fintech, the Garaj cloud and cybersecurity platform, and various digital lifestyle services.
While underscoring Jazz’s commitment to leveraging every available opportunity to expedite the realization of the Digital Pakistan vision, the delegation emphasized the critical need to address key challenges prevalent in Pakistan’s telecom sector. The discussions shed light on the urgency of resolving these challenges to ensure a conducive environment for international investments and the seamless integration of cutting-edge technologies.
Veon Group’s call to action reflects the importance of proactive measures by the government to create an enabling environment for telecom companies, paving the way for accelerated digital transformation and fostering the nation’s growth in the global technological landscape.