PM Imran underlines mobile operators’ role in economic growth

Published November 25, 2021
Prime Minister Imran Khan addresses the media in this photo. — DawnNewsTV/File
Prime Minister Imran Khan addresses the media in this photo. — DawnNewsTV/File

ISLAMABAD: Mobile operators play a key role in the economic growth of any country by bringing in foreign investment, fostering connectivity, and enabling other sectors to thrive, Prime Minister Imran Khan said on Wednesday.

“The government has launched the ‘Digital Pakistan’ initiative to provide a platform to the youth and it is heartening to see private sector companies like Jazz carry the mantle,” the prime minister said during a meeting with VEON Group CEO Kaan Terzioglu.

The Dutch telecom and internet service provider VEON operates in Pakistan through its subsidiary Jazz that has the largest number of 34.2 million 4G users in country and a total customer base of 71.9m.

The PM was informed that investments by Jazz in Pakistan has crossed $10 billion including $560m in the last two years on 4G network expansion.

Mr Terzioglu highlighted that the group is committed to initiatives in Pakistan that empower the youth with digital tools and resources. He reiterated VEON Group’s full support towards the government’s Digital Pakistan initiative and talked about the role Jazz is playing in improving digital infrastructure, enhancing connectivity, investing in digital skills and literacy, promoting entrepreneurship and innovation, and driving financial inclusion through JazzCash.

VEON, a leading global provider of connectivity and internet services, is embarking on a journey to be a world-leading digital operator with over 213.8 million subscribers in nine countries, he said. “Pakistan is a key market for VEON, and we see tremendous growth potential as the country continues to implement its ‘Digital Pakistan’ vision,” Mr Terzioglu added.

To promote the Digital Pakistan vision and encourage private sector investment in broadband connectivity and network expansion, a forward-looking regulatory regime is needed that has to be in line with next-generation connectivity requirements, he urged.

Meanwhile, Jazz CEO Aamir Ibrahim said that by utilising the leadership position and global expertise, Jazz is focused on creating a flourishing digital ecosystem in Pakistan, by constantly investing in expanding access to 4G to rural and semi-urban areas.

Published in Dawn, November 25th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...