Home Business Jazz further strengthens market leadership, continues to drive digital ecosystem

Jazz further strengthens market leadership, continues to drive digital ecosystem

Pakistan’s number one 4G operator and the largest internet and broadband service provider, Jazz has further strengthened its market leadership and continues to drive the digital ecosystem in Pakistan. In the 4th quarter of 2020, Jazz’s overall subscriber base grew by 9.8% year-over-year (YoY) reaching 66.4 million, 4G customer base grew by 61% reaching 25 million, whereas the overall data users grew by 13.4% YoY reaching 44 million.
During Q4 2020, Jazz invested PKR 12.3 billion, 4G network investment being the principal focus; enabling the company to take its 4G population coverage to 59%, with the data usage being 4.3 GB per user, a YoY increase of 68.9%. Jazz’s self-care app, Jazz World, has crossed 7.8 million monthly active users, cementing its position as the largest telecom app in Pakistan.
Aamir Ibrahim, CEO of Jazz, said, “Our performance this quarter is reflective of the trust our customers have in us. Growth in 4G users and rising data demands show that Pakistan is digital-ready; however, we need to do more in connecting the underserved to fast, reliable 4G and equip them with the digital tools necessary for a robust and inclusive digital ecosystem.”
During the reporting period, the number of monthly active JazzCash mobile wallets increased to 12.2 million, a YoY increase of 67%. Overall, JazzCash processed transactions amounting to PKR 2.27 trillion over the past 12 months. Jazz’s content services also enjoyed further growth, with Jazz TV’s monthly active user base rising to 1.2 million.

Must Read

Federal Secretary for IT and Telecommunication Visits PTA

Federal Secretary for IT and Telecommunication, Dr. Muhammad Sohail Rajput visited PTA Headquarters today. Chairman PTA, Maj General Amir Azeem Bajwa (R), Member Finance...

Jazz secures telecom sector’s largest credit facility to support 4G network rollout

Jazz has secured a PKR 50 billion syndicated credit facility from a banking consortium led by HBL. This 10-year facility will be used to...

Mobilink Microfinance Bank, CARE International in Pakistan sign MoU to Strengthen Entrepreneurial and Financial Ecosystem

Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) has joined forces with leading global humanitarian and development non-governmental organization, CARE International in Pakistan (CIP),...

Gen-Z Musical Sensation Hasan Raheem Teases a Musical Treat for realme Fans

Well, well, well… Hasan Raheem is a viral sensation like no other. His beats have kept us vibing and now another sick beat seems...

TECNO to delight all fans with another Photowalk to Hunza Valley

Lahore – Monday, June 21, 2021: TECNO set to embark on another journey with the fans through the upcoming Photowalk. This Photowalk has been...