Overview
- VEON CEO Kaan Terzioglu met Prime Minister Shehbaz Sharif in Islamabad on Wednesday, where the government pledged “all possible facilitation” for digital and telecom investors.
- Terzioglu praised steps to boost transparency and called Pakistan’s move toward a digital economy and its 5G auction commendable, while stating VEON intends to increase investment.
- Sharif cited the recent 5G spectrum auction as proof of progress and said agencies are coordinating to deliver high-quality internet services after the sale.
- In a separate discussion with Finance Minister Muhammad Aurangzeb, Terzioglu and Jazz CEO Aamir Ibrahim linked Pakistan’s improving outlook to a shift from stabilization to growth, with digital scale seen as key to sustaining it.
- Officials highlighted digitisation and a cashless economy to tap a young user base, a push they say could expand access to payments and online services for households and small firms.