AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Jazz, a prominent digital operator in Pakistan, has announced an investment of PKR 25.5 billion in the first half of 2025, aimed at enhancing its infrastructure to support the country’s digital transformation. The investment is focused on expanding 4G coverage, scaling digital platforms, and promoting financial inclusion to provide affordable, high-quality digital services to millions across Pakistan.
In the second quarter of 2025, Jazz recorded a 15.3% increase in revenue compared to the previous year, driven by robust telecom operations and a 35.7% rise in digital revenue. This contributed 28.1% of Jazz’s total revenue, up from 23.9% last year. The company’s EBITDA rose by 5.4%, with a margin of 41.6%, highlighting its transition to a ServiceCo. Capital expenditures amounted to PKR 16 billion, reflecting its commitment to strengthening digital infrastructure.
JazzCash, the company’s leading digital financial service, reported over 21 million monthly active users and processed transactions worth PKR 11.7 trillion over the past year. Its extensive network, including 367,000 active merchants and nearly 107,000 active agents, has facilitated digitalization with over 140,000 digital loans issued daily.
Aamir Ibrahim, CEO of Jazz, stated, “Our second quarter results reflect strong financial performance and our commitment to Pakistan’s digital future.” He emphasized the company’s investments in 4G, digital platforms, and financial inclusion, as well as portfolio optimization through initiatives like the Deodar transaction.
Jazz’s total subscribers reached 73.9 million, with 54.6 million 4G users, marking a 15.3% increase year-on-year. The company’s 4G penetration rose to 73.9%, while VoLTE users reached 32 million. Multiplay customers grew 29.2% year-on-year, representing 36.4% of the base and generating over three times the ARPU of voice-only users.
Digital platforms under Jazz’s umbrella continued to see growth. Tamasha, Jazz’s entertainment app, recorded over 12 million monthly active users in the second quarter. SIMOSA, a lifestyle and social app, reached 21.2 million monthly active users, while FikrFree, Jazz’s insurtech app, recorded 9.8 million active policies.
In alignment with its asset-light strategy, Jazz completed the transfer of its tower assets via Deodar to Engro Connect, enhancing operational efficiency and enabling the company to focus on scaling its digital ecosystem.
Jazz, as Pakistan’s leading ServiceCo, serves over 100 million users through its diverse portfolio, including fintech, entertainment, digital self-care, insurtech, enterprise cloud solutions, and gaming. This strategic shift from connectivity to capability aims to improve lives and livelihoods through technology.