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Jazz, Engro Finalize Pakistan’s Biggest Tower Deal

admin-augaf by admin-augaf
June 4, 2025
in Business, Finance
Reading Time: 1 min read
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Jazz, Engro Finalize Pakistan’s Biggest Tower Deal
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Islamabad June 4 2025: Jazz, Pakistan’s leading digital operator, has announced the successful completion of its strategic infrastructure partnership with Engro Corporation Limited (“Engro Corp”), marking one of the largest private-sector infrastructure transactions in the country’s digital evolution.

Under this landmark agreement, Jazz’s telecommunications infrastructure assets—housed under Deodar (Private) Limited—have been vested into Engro Connect, a subsidiary of Engro Corp. Jazz will continue to lease Deodar’s extensive infrastructure to deliver nationwide mobile voice and data services under a long-term partnership said a news release.

Aamir Ibrahim, CEO of Jazz, said: “As we pivot to a digital-first future, this milestone enables us to remain asset-light while doubling down on what we do best—delivering impactful, tech-driven solutions for Pakistan’s evolving needs. It accelerates our transformation into a full-fledged ServiceCo, with a portfolio spanning fintech, cloud, entertainment, and digital health. We are grateful to the Government of Pakistan and regulatory bodies for their timely support, and we look forward to working with Engro Corp to build the infrastructure powering Pakistan’s digital future.”

The partnership reflects Jazz and Engro’s shared commitment to enhancing infrastructure efficiency, promoting digital enablement, and supporting Pakistan’s long-term digital ambitions. The agreement, first announced on December 5, 2024, has now received all necessary regulatory approvals—including from the Pakistan Telecommunication Authority (PTA), Competition Commission of Pakistan (CCP), and Islamabad High Court—ushering in a new era of commercial and strategic synergy between two of the country’s leading organizations.

Tags: ENGROJazz
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