Jazz invests Rs14.9bn in Q1, overall investment crosses $10.2bn.

Continuing its focus on driving digital inclusion, Jazz invested PKR 14.9 billion under its '4G for all' ambition during the first quarter of 2022, taking its overall investment in Pakistan to US$10.2 billion.

A majority of its capital expenditure during this quarter was on the addition of approximately 500 new 4G sites, reaching a population coverage of its 4G service to 55.7%. This network expansion played a key role in increasing Jazz's 4G customer base by 27.8 percent YoY to reach 36.7 million while its overall subscriber base touched close to 75 million.

The performance of its digital services during the quarter solidified Jazz's position as the country's leading digital operator. Its digital financial service, JazzCash, reached 15.7 million monthly active users and 145, 000 active merchants. Its self-care app, Jazz World, continued to enjoy strong customer adoption levels with monthly active users growing by 23.1% YoY...