ISLAMABAD, Nov 07 (APP):JazzWorld reported revenue of Rs144.9 billion in the third quarter of 2026, up 26.6 per cent year-on-year (YoY), driven by strong growth in digital and financial services. According to the company's financial results, revenue from digital services grew 47.9pc YoY to Rs58.1bn, accounting for 40.1pc of total revenue, compared with 34.3pc a year earlier. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 23.9pc to Rs 65.2bn …
JazzWorld revenue rises 26.6pc to Rs 144.9bn in third quarter
ISLAMABAD, Nov 07 (APP):JazzWorld reported revenue of Rs144.9 billion in the third quarter of 2026, up 26.6 per cent year-on-year (YoY), driven by strong growth in digital and financial services.
According to the company’s financial results, revenue from digital services grew 47.9pc YoY to Rs58.1bn, accounting for 40.1pc of total revenue, compared with 34.3pc a year earlier.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 23.9pc to Rs 65.2bn during the quarter.
Telecommunications and infrastructure revenue rose 15.5pc YoY to Rs 86.8bn. Jazz served 76.4 million mobile customers, up 5.1pc from a year earlier, while its 4G and 5G customer base increased 8.1pc to 59.5m.
Average data usage rose 11.7pc YoY to 8.4GB per user. ROX, Jazz’s premium digital brand, reached 3.3m active users, up 62.8pc from the same period last year.
JazzWorld increased its investment by 68.9pc YoY to Rs20.9bn during the quarter, including Rs18.6bn in telecommunications and infrastructure.
The investment supported the deployment of newly acquired spectrum, expansion of network capacity and continued rollout of 5G services. More than 1,000 5G sites have been deployed to date.
Financial services revenue across JazzCash, Mobilink Bank and JazzSure Insurance, previously TPL Insurance, grew 67.6pc YoY to Rs43.4bn, supported by growth in lending, payments, merchant services and insurance.
The gross loan portfolio of the company’s financial services business in Pakistan increased 51.9pc YoY to Rs134.6bn as of September 30.
JazzCash continued to expand its digital financial services ecosystem, serving 65m branchless banking accounts, including 30.4m active users during the quarter.
Its gross transaction value increased 79.2pc YoY to Rs6.9 trillion, while its merchant network expanded to approximately 2m, including 957,000 active merchants. JazzCash also issued more than 230,000 nano-loans daily during the quarter.
Among JazzWorld’s lifestyle ventures, SIMOSA’s active user base grew 22.1pc YoY to 36.3m. Tamasha reached 33.9m active users, while FikrFree served 16.8m unique policyholders.
JazzWorld Chief Executive Officer Aamir Ibrahim said digital services now accounted for 40pc of the company’s revenue, reflecting the transformation of its business into a digital services platform.
“When we introduced JazzWorld as a digital services platform, we wanted it to reflect how people were already using our services. Today, digital services account for 40% of our revenue,” he said.
He said reliable connectivity remained central to the company’s growth, supporting services ranging from digital payments to online entertainment.
Looking ahead, he identified artificial intelligence as a promising tool for helping people access services in their own languages.
“For someone using a digital service for the first time, that can make all the difference. It is one practical way we can help close the intelligence divide in Pakistan,” he added.
