Business
Jazz invests Rs33bn in nine months
字号+ Author:Smart News Source:US 2025-01-13 14:48:33 I want to comment(0)
ISLAMABAD: Jazz, along with its associated companies JazzCash and Mobilink Microfinance Bank, invested over Rs33 billion in the first nine months of 2024, strengthening Pakistan’s digital ecosystem across key sectors, including banking, financial services, cloud, data centers, digital healthcare, entertainment and connectivity. The company also contributed Rs97bn in corporate tax, sales tax, import duties, as well as withholding tax collected from customers and suppliers to the national exchequer. In a statement issued on Monday, the company said that Rs41bn had been invested for expanding high-speed mobile broadband in underserved areas, supporting research and development, start-up growth, and payments for license renewals, spectrum fees, and more. As a result revenue growth of over 25pc had been received in the first nine of 2024 compared to same period last year.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Record six-hitting spree helps India to T20 series win over South Africa
2025-01-13 13:36
-
Are comets responsible for 'abundant' presence of water on Earth?
2025-01-13 13:21
-
Major space launches set to make headlines in 2025
2025-01-13 12:24
-
WhatsApp to introduce new Meta AI shortcut for chats
2025-01-13 12:09
User Reviews
Recommended Reads
Hot Information
- Green transport
- US court rejects TikTok request to temporarily halt pending US ban
- Chilean giant 'living fossil' frog at risk from climate change, human impact
- ‘We can block VPNs but we won’t do it', says PTA chairman
- Pakistan sends 17 tonnes of aid to Gaza, Lebanon and Syria
- What festive new feature is WhatsApp rolling out?
- OpenAI turns up heat on Google with global launch of ChatGPT search
- Are comets responsible for 'abundant' presence of water on Earth?
- Judicial independence’s essence in resisting authoritarian overreach at time it occurs: Justice Shah
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content