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Wireless

Jazz Q4 revenue grows 4.2% to PKR 40 bln

Thursday 22 February 2018 | 10:23 CET | News
Pakistani mobile operator Jazz saw a revenue growth of 2.6 percent year-on-year at its Pakistasn operations to USD 379 million in the fourth quarter of 2017. Service revenue rose 1.3 percent on a reported basis to USD 350 million, parent company Veon reported. In July 2016, Veon acquired Warid. The resulting company started re-branding to the 'Jazz' brand in January 2017, unifying distribution channels and processes. EBITDA amounted to USD 173 million, which represents a reported increase of 34.5 percent year-on-year.

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Categories: Mobile & Wireless
Companies: Jazz / Veon / Warid
Countries: Pakistan
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