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VEON Pakistan digital revenue jumps 47.9% to Rs58.11bn in 3QCY26

VEON Pakistan revenue rose 26.6% in the quarter, led by a 47.9% jump in digital revenue, while nine-month revenue reached Rs414.39 billion.

Zaviya Desk

· 2 min read

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VEON Pakistan revenue rose 26.6% year on year to Rs144.94 billion in the third quarter of calendar 2026, which runs from July to September, according to a market summary published on 10 November 2026. The increase is about 27% when rounded, which is the figure used in the headline. Operating earnings rose faster: EBITDA, which measures earnings before interest, tax, depreciation and amortisation, climbed 23.9% to Rs65.17 billion, while EBIT, or operating profit, rose 53.1% to Rs44.24 billion.

Digital services lead the growth

Digital revenue rose 47.9% in the quarter to Rs58.11 billion, and its share of Pakistan revenue climbed to 40.1% from 34.3% a year earlier. That shift means digital services now account for a larger part of the company's Pakistan revenue than they did a year ago. The financial services unit recorded revenue of Rs43.42 billion and a net profit of Rs6.80 billion. Transaction value through JazzCash, the mobile wallet service, rose 79.2% to Rs6.93 trillion.

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Nine-month figures and spending

For the first nine months of 2026, VEON Pakistan revenue grew 24.2% to Rs414.39 billion, and EBITDA advanced 27.7% to Rs184.07 billion. Capital expenditure, meaning money spent on network equipment and other long-term assets, rose 68.9% in the quarter to Rs20.95 billion.

What happens next

The full report, with more detail, is available from the original publisher. Results for the coming quarters will show whether this pace of growth continues.

Aasan alfaaz mein

VEON Pakistan ki revenue is quarter mein 26.6 feesad barh kar Rs144.94 billion ho gayi hai. Digital services aur mobile wallet ke izafay ne is barhotri mein bara hissa dala. Aam sarif ke liye is waqt bills ya qeematon mein koi tabdeeli nahi batayi gayi hai. Yeh company ki kamai aur sarmaya kari ki ek taza tasveer hai.

Questions readers ask

FAQ

VEON Pakistan revenue rose 26.6% year on year to Rs144.94 billion in 3QCY26, the July to September 2026 quarter, according to the market summary. The headline rounds this growth to 27%.

#VEON#VEON Pakistan#JazzCash#Pakistan telecom sector#Mobile financial services#Digital payments Pakistan
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