ISLAMABAD: JazzWorld reported a strong financial performance for the first quarter of 2026, with total revenue rising 20.6 percent year-on-year to over Rs130 billion, driven by continued expansion across telecom connectivity, digital financial services, entertainment and lifestyle platforms.
The company’s telecom and infrastructure revenue increased by 14.3 percent to Rs82 billion, supported by higher data consumption, improved prepaid monetisation and growing demand for bundled digital services. Meanwhile, digital revenue surged 33 percent to Rs48 billion, contributing nearly 37 percent of total revenue, reflecting rapid adoption across the company’s expanding digital ecosystem.
JazzWorld also posted significant profitability growth during the quarter, with EBITDA rising 29.4 percent to Rs58.5 billion, while EBITDA margins improved to 45 percent due to operating efficiencies and disciplined cost management.
The company invested approximately Rs8.8 billion during the quarter to strengthen network capacity, modernise digital infrastructure and enhance AI-powered customer experiences. The investment forms part of JazzWorld’s broader transformation strategy focused on becoming Pakistan’s leading integrated digital service platform.
Jazz’s subscriber base reached nearly 75 million users, while 4G users crossed 57 million, increasing 4G penetration to 76.3 percent. Average revenue per user (ARPU) rose 19.4 percent year-on-year to Rs496, while average monthly data usage climbed to 8.2 GB per user.
The company’s digital ecosystem continued to scale rapidly, with total platform users surpassing 143 million. JazzCash reached 29.2 million monthly active users and over 60 million registered users, while its gross transaction value climbed 56 percent year-on-year to Rs16.8 trillion. The platform now processes more than 202,000 digital loans daily and recently onboarded its one millionth Raast QR merchant.
Digital entertainment platform Tamasha achieved a record 33.5 million monthly active users during the ICC T20 World Cup, while other digital platforms including SIMOSA, ROX and FikrFree also reported strong growth in users and engagement.
Commenting on the results, JazzWorld CEO Aamir Ibrahim said the company’s performance reflects the growing momentum of Pakistan’s digital economy and the increasing adoption of digital services across finance, entertainment and everyday consumer platforms.
During March 2026, JazzWorld also secured the largest spectrum allocation in Pakistan’s latest spectrum auction, acquiring 190 MHz spectrum, including the strategic 700 MHz band, to support future-ready 4G and 5G services. The company has already launched 5G services across nearly 180 sites in eight major cities nationwide.
