JazzWorld reported revenue exceeding Rs269 billion during the first half of 2026, marking a 23.0% year-on-year increase as the company recorded growth across its telecommunications, infrastructure, digital services, and financial services segments. The company’s performance was supported by rising data usage, expansion of digital platforms, improved monetisation, and continued investments aimed at strengthening Pakistan’s digital connectivity infrastructure.
During the first six months of 2026, JazzWorld invested Rs29.2 billion to enhance network capacity, deploy newly acquired spectrum, and prepare its infrastructure for future connectivity requirements, including the expansion of 5G services. The company continued focusing on strengthening its position as an integrated digital services provider by combining telecommunications, financial services, and technology platforms.
The company recorded stronger momentum in the second quarter of 2026, with revenue increasing 25.3% year-on-year to Rs139.4 billion. Telecommunications and infrastructure revenue reached Rs85.5 billion, reflecting a 15.8% year-on-year growth. The increase was supported by effective pricing strategies, improved prepaid customer monetisation, wider adoption of multiplay offerings, increased data consumption, and growth in the subscriber base.
JazzWorld’s digital business continued its expansion under its DO1440 and AI1440 strategy, with digital revenue increasing 44.1% year-on-year to Rs53.9 billion. Digital services contributed 38.7% of the company’s total revenue during the period, compared with 33.6% in the previous year. Financial Services revenue also witnessed significant growth, rising 53.3% year-on-year to approximately Rs39 billion, driven by continued growth in JazzCash lending services, payments, merchant solutions, and SME-focused offerings.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 30.5% year-on-year to Rs60.3 billion. JazzWorld attributed the improvement to higher revenue growth, cost management measures, and stronger operational performance.
During the second quarter, JazzWorld invested Rs20.4 billion, representing a 27.4% increase compared with the same period last year. The investment supported the deployment of newly acquired spectrum and preparations for expanding 5G services. The company expects investment levels to increase further as spectrum deployment continues and additional network capacity is developed to meet rising demand for digital connectivity.
JazzWorld is also expanding its financial services ecosystem following the acquisition of a 76.33% stake in TPL Insurance for approximately $16.4 million. The acquisition is expected to combine TPL Insurance’s insurance capabilities with the customer reach of JazzCash and Mobilink Bank, creating opportunities to expand access to digital insurance solutions across Pakistan.
Under JazzWorld, Jazz maintained its position as one of Pakistan’s largest connectivity providers, reaching 75.4 million mobile subscribers. The company’s 4G user base increased 6.6% year-on-year to 58.1 million users, resulting in 4G penetration reaching 77.1%. Average data usage per customer increased 14.4% year-on-year to 8.2 GB, while multiplay customers reached 22.9 million.
JazzCash continued strengthening its digital financial services operations, serving more than 60 million registered customers. The platform’s Gross Transaction Value (LTM) increased 67.5% year-on-year to Rs19.6 trillion. During the second quarter, JazzCash issued more than 224,000 digital loans daily, while its active merchant base exceeded 735,000, supported by a network of more than one million Raast QR-enabled merchants.
JazzCash and Mobilink Bank also introduced Treasury Bill investment services through the JazzCash application, allowing eligible customers to invest in Pakistan government securities through digital channels. JazzCash was recognised among the World’s Top Fintech Companies 2026 by CNBC and Statista in the Payments category.
JazzWorld’s wider digital ecosystem also recorded growth during the period. Tamasha reached 38.7 million active users during the Pakistan Super League season, while SIMOSA, the company’s digital self-care and lifestyle platform, reached 33.8 million active users. ROX crossed 3.3 million active users, and FikrFree reached 17.9 million policyholders.
Aamir Ibrahim, CEO of JazzWorld, said the company’s first-half performance reflects its continued transition into an integrated digital ServiceCo. He highlighted that the DO1440 and AI1440 strategy combines connectivity, artificial intelligence-enabled platforms, and financial services to support Pakistan’s digital economy.
JazzWorld said it will continue investing in next-generation connectivity, AI-powered platforms, and inclusive financial services to expand digital access, strengthen Pakistan’s technology infrastructure, and support the country’s ongoing digital transformation.
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