0
Wireless

Jazz's Q1 revenue grows 5.7%, EBITDA up 20%

Monday 14 May 2018 | 10:55 CET | News
Pakistani mobile operator Jazz saw its revenue grow 5.7 percent year-on-year to PKR 40.9 billion in the first quarter of 2018. Mobile data revenue jumped 33.9 percent year-on-year to PKR 7 billion, driven by an increase in data customers due to higher bundle penetration and continued data network expansion, parent company Veon reported. Jazz's customer base increased by 5 percent year-on-year to a total of 55 million mobile subscribers at end-March.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Jazz / Veon
Countries: Pakistan
::: add a comment
This article is part of dossier

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Jazz revenues rise 23.6% in Q1 on more mobile customers, doubled data usage

Published 02 May 2019 11:12 CET | Pakistan
Pakistani operator Jazz recorded revenues for the first quarter up 23.6 percent from the year before to PKR 50.6 billion, ...

Jazz passes 55 mln subscribers milestone in Pakistan

Published 14 Jun 2018 09:07 CET | Pakistan
Pakistani mobile operator Jazz has announced that it has reached 55 million subscribers across the country. According to Jazz CEO ...

Veon organic revenues rise but net loss widens in Q1

Published 14 May 2018 09:12 CET | World
Total revenues dipped 1.4 percent lower from the year before to USD 2.250 billion, hurt by the devaluation of the Uzbek and ...

Veon withdraws offer for Global Telecom

Published 03 Apr 2018 13:58 CET | Ecuador
Veon announced that it has withdrawn its offer to buy out its Egypt-based subsidiary Global Telecom. The company said it notified ...

Jazz launches Super 4G Experience Bus Tour project in Pakistan

Published 20 Mar 2018 08:22 CET | Pakistan
Pakistani mobile operator Jazz has launched a nationwide experience bus tour to promote its Super 4G service. Three Jazz branded ...

Jazz, Uber start discount promo in Pakistan

Published 16 Mar 2018 09:33 CET | Pakistan
Pakistani operator Jazz has partnered with Uber to provide discounts to Jazz customers taking Uber rides across Lahore, Karachi, ...

Banglalink Q1 revenue shrinks 1.2%, customer base down 3.4%

Published 11 May 2017 12:59 CET | Bangladesh
Bangladeshi mobile operator Banglalink's total revenue declined by 1.2 percent to BDT 12 billion in the first quarter of 2017. ...