JazzWorld has reported a strong financial performance for the third quarter of 2026, with its revenue increasing 26.6% year-on-year to PKR 144.9 billion. The growth highlights the company’s expanding digital business, rising demand for financial services, and continued investment in telecommunications infrastructure across Pakistan.
The company’s digital services business remained a major contributor to its overall performance. Revenue from digital services climbed 47.9% year-on-year to PKR 58.1 billion, accounting for 40.1% of total revenue compared with 34.3% during the same period last year.
JazzWorld’s EBITDA also recorded significant growth, rising 23.9% to PKR 65.2 billion during the quarter. Meanwhile, revenue from telecommunications and infrastructure increased 15.5% to PKR 86.8 billion, reflecting continued demand for mobile connectivity and internet services.
Jazz maintained its position in Pakistan’s telecommunications market, serving 76.4 million mobile customers by the end of the reporting period. Its combined 4G and 5G customer base reached 59.5 million, marking an 8.1% annual increase.
Internet consumption also continued to rise, with average monthly data usage reaching 8.4 GB per user, up 11.7% from the previous year. ROX, the company’s premium digital brand, recorded further expansion, reaching 3.3 million active users, representing growth of 62.8%.
To strengthen its network and support growing customer demand, JazzWorld increased its quarterly investment by 68.9% to PKR 20.9 billion. Of this amount, PKR 18.6 billion was directed towards telecommunications and infrastructure.
The investment supported the deployment of newly acquired spectrum, improvements in network capacity, and the expansion of next-generation connectivity. The company has deployed more than 1,000 5G sites so far as it continues to advance its 5G services in Pakistan.
Financial services also played an important role in JazzWorld’s quarterly growth. Revenue from JazzCash, Mobilink Bank, and JazzSure Insurance increased 67.6% year-on-year to PKR 43.4 billion.
The expansion was supported by stronger lending activities, digital payments, merchant services, and insurance offerings. The gross loan portfolio of the company’s financial services business in Pakistan reached PKR 134.6 billion as of September 30, representing an annual increase of 51.9%.
JazzCash continued to strengthen its position in the country’s digital payments industry. The platform served 65 million branchless banking accounts, including 30.4 million active users during the quarter.
Its Gross Transaction Value (GTV) increased 79.2% year-on-year to PKR 6.9 trillion, demonstrating growing adoption of digital financial services. The platform’s merchant network also expanded to approximately two million merchants, including 957,000 active merchants.
Additionally, JazzCash issued more than 230,000 nano-loans daily during the reporting period, highlighting the increasing role of mobile-based financial services in providing accessible financing options.
JazzWorld’s lifestyle and digital entertainment platforms also recorded encouraging results. SIMOSA increased its active user base by 22.1% to 36.3 million, while streaming platform Tamasha reached 33.9 million active users.
Meanwhile, FikrFree, the company’s insurance-related digital platform, served 16.8 million unique policyholders during the quarter.
Commenting on the company’s performance, JazzWorld CEO Aamir Ibrahim said the transformation into a digital services platform was designed to reflect how customers increasingly use its services in everyday life.
He highlighted that digital services now contribute approximately 40% of the company’s revenue, demonstrating the growing importance of technology-driven businesses. He also emphasized that reliable network connectivity remains essential for services ranging from digital payments to online entertainment.
Looking ahead, Ibrahim identified artificial intelligence as an important opportunity for improving access to digital services in Pakistan. He particularly highlighted the potential of AI-powered assistance in local languages, which could help people use digital platforms more easily, especially those experiencing digital services for the first time.
JazzWorld’s latest financial results reflect a broader shift in Pakistan’s digital economy, where telecommunications, mobile banking, entertainment, and technology are becoming increasingly interconnected. With rising customer numbers, expanding digital platforms, and substantial infrastructure investments, the company is positioning itself for further growth in the country’s evolving digital services market.
