Telecom firm asks govt to remove investment hurdles

ISLAMABAD:

A multinational telecommunication services company has called on Pakistan’s government to address the issues impeding the realisation of the country’s potential of attracting international investments and accelerating the integration of future technologies.

Veon Group Chief Executive Officer Kaan Terzioglu made those remarks in a meeting with Federal Minister for IT and Telecommunication Umar Saif and Pakistan Telecommunication Authority Chairman Major General (Retd) Hafeezur Rehman on Wednesday. Terzioglu was accompanied by Jazz CEO Aamir Ibrahim.

Read: Telecom sector for tackling ‘digital emergency’

During the meeting, the delegation presented an overview of Jazz’s investments in Pakistan that had surpassed $10.6 billion.

The capital injection focuses on advancing the country’s digital infrastructure, including mobile broadband expansion, JazzCash fintech, Garaj cloud and cybersecurity platform, and various digital lifestyle services.

While stressing Jazz’s commitment to capitalise on all available opportunities to accelerate the achievement of Digital Pakistan vision, the delegation pointed to the urgent need for addressing the key challenges facing Pakistan’s telecom sector.

Published in The Express Tribune, November 30^th, 2023.

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