Business
Jazz invests Rs33bn in nine months
字号+ Author:Smart News Source:Business 2025-01-13 11:02:43 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
-
HOCKEY: PAKISTAN’S KENYAN STRATEGIST
2025-01-13 10:56
-
Rihanna claps back at troll insulting her forehead over album delay
2025-01-13 09:27
-
Shakira set to make epic comeback with exciting 2026 UK tour
2025-01-13 09:18
-
Taylor Swift marks one year of friendship with Chiefs’ Mecole Hardman
2025-01-13 08:36
User Reviews
Recommended Reads
Hot Information
- Kremlin accuses Biden of fuelling war; Russian strikes rock Odesa
- Jonas Brothers tease major plans for 2025: Tour, Broadway, and more
- Easing inflation, profit-taking see PSX make modest gains
- Shakira set to make epic comeback with exciting 2026 UK tour
- Under-trial prisoner escapes from JPMC
- IHC sets aside life sentence of murder convict, seeks reasoning behind lenient punishment
- Nicole Scherzinger, Thom Evans jump into New Year with bold moves
- Katy Perry, Orlando Bloom ring in 2025 with new fitness goals
- GB traders ask Customs to facilitate trade through Khunjerab
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content