ISLAMABAD: The chief executive officer of Jazz Pakistan’s parent company has stressed that storing data within the country will help drive digitalisation, create jobs and protect the data from falling into the wrong hands.

“By keeping the data within Pakistan, new employment opportunities can be created for engineers to develop innovative digital services,” Kaan Terzioglu, CEO of Amsterdam-based Veon Group, told Dawn.

He hoped this would also encourage strategic investments in data centres and promote local app development. “The other aim is to safeguard local data from falling into the wrong hands if much of it is stored in unknown locations outside the country,” he said, insisting that Jazz was working to achieve the objective by investing in local data centres.

Jazz launched a data centre in Islamabad last year with an investment of over $8 million. Mr Terzioglu emphasised the importance of data sovereignty and describe it as a key priority for Pakistani leaders.

He also stressed on promoting artificial intelligence (AI) technologies. “The ones who have access to it will have a chance to survive and thrive. The ones who do not will just become replaceable,” he said.

On introducing the next-generation 5G cellular technology in Pakistan, he underscored the need to spread 4G for all instead of going for its successor for a few. He urged the government to devise a mechanism to reduce smartphone prices in the country.

Published in Dawn, June 3rd, 2023

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

Opinion

Enter the deputy PM

Enter the deputy PM

Clearly, something has changed since for this step to have been taken and there are shifts in the balance of power within.

Editorial

All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...
Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...