ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Tuesday said that an amount of $30 million has been generated as revenue from first-ever cellular spectrum auction for Next Generation Mobile Service (NGMS) in Azad Kashmir Jammu and Kashmir (AJ&K) and Gilgit Baltistan.
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Jazz, one of Pakistan’s largest telecom operators, is closely monitored by Pakistan Revenue, which is dedicated to providing readers with the latest updates on Jazz’s financial activities and developments.
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Ericsson organizes virtual event for Jazz Pakistan
Ericsson has organized a dedicated Ericsson Digital Unboxed 2021 Event virtually for Jazz Pakistan. Crafted for Jazz Pakistan, Ericsson’s global and regional experts and thought leaders showcased the latest insights, use cases and technologies tailored to Jazz Pakistan, a statement said on Thursday.
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Jazz awarded contract worth Rs154 million
ISLAMABAD: The Universal Service Fund (USF) has awarded contract worth around Rs154 Million to Jazz for providing High Speed Mobile Broadband services in Multan and Khanewal Districts of Southern Punjab.
Federal Minister for Information Technology and Telecommunication, Syed Amin Ul Haque and Foreign Minister, Shah Mahmood Qureshi witnessed the contract signing ceremony here on Thursday.
The contract was signed by Haaris Mahmood Chaudhary, CEO, USF with Aamir Ibrahim, CEO, Jazz.
The Federal Secretary for IT & Telecommunication and Chairman USF Board, Dr. Muhammad Sohail Rajput and Parliamentary Secretary, Zain Qureshi, Member Telecom Muhammad Umar Malik, Member IC Ajmal Awan and other senior officers of MoITT were also present at the ceremony.
While addressing the ceremony, Federal Minister for IT and Telecommunication, Syed Amin Ul Haque said that, MoITT through USF has contracted projects worth approximately Rs6.5 billion to provide high speed internet to 3.8 million people in Southern Punjab.
These include six high speed mobile broadband projects and three optic fiber cable projects. According to Syed Amin Ul Haque, under these projects, we are spending a total of Rs708 million for provision of high speed broadband services in three districts of Bahawalpur, Bahawalpur, Rahim Yar Khan and Bahawalnagar. About 2.6 million people living in 846 villages will benefit from this. Similarly, in Dera Ghazi Khan Division, four districts DG Khan, Layyah, Muzaffargarh and Rajanpur, Rs141 million is being spent. While Rs4.47 billion is being spent on three projects related to the laying of optical fiber cable.
With the completion of these projects, an area of about 2, 000 sq. km will be connected with OFC. More than 25 per cent work has been done on broadband services projects.
Completion of these projects will provide the fastest broadband services to 393 villages with a population of over 0.85 million.
While addressing the ceremony, Foreign Minister, Shah Mahmood Qureshi said that he was pleasantly surprised to hear the performance of the MoITT which is working day and night for the fulfillment of the Prime Minister’s Digital Pakistan vision. He thanked the Federal Minister, Syed Amin Ul Haque for initiating the development projects in Southern Punjab and said that the Ministry of Foreign Affairs would provide all possible assistance and support for the promotion of IT industry and showcasing of Pakistani IT products around the world because Ministry of IT is at the forefront of those sectors through which numerous job opportunities and the country’s economy can be strengthened.
Sharing his views on the development, CEO-Jazz, Aamir Ibrahim said, “Jazz has invested US$ 462 million during the last two years mainly to expand its 4G footprint in rural and semi-urban areas. This is in line with our mission to bridge the digital divide and to collaborate with the Government of Pakistan in helping realize the Digital Pakistan vision.
Today’s contract signing is a testament of our commitment to create ICT-led socioeconomic opportunities for the masses.” Earlier on his welcome address, CEO-USF, Haaris Mahmood Chaudhary said: “The USF is committed in its resolve to empower the marginalized communities of Pakistan. This project will benefit an unserved population of 0.48 million in 170 unserved mauzas, thereby covering an unserved area of 1,323 sq. km. of Multan and Khanewal districts. The project will be completed in 12 months.”
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SBP, JazzCash sign MoU for increasing financial literacy
KARACHI: National Institute of Banking and Finance (NIBAF) – a subsiday of State Bank of Pakistan – and JazzCash, Pakistan’s leading FinTech Company, have signed a Memorandum of Understanding for increasing financial literacy amongst youth of Pakistan, the SBP said on Saturday.
NIBAF and JazzCash aim to jointly promote financial literacy through the engaging and interactive game called “PomPak – Learn to Earn” developed under SBP’s project, National Financial Literacy Program for Youth (NFLP-Y).
PomPak, utilizes a story-based narrative by following the journey of two families setting up a small entrepreneurial venture. This helps to keep the players engaged while effectively inculcating ethical behavior and financial skills such as budgeting, saving, and banking. PomPak is available in both English and Urdu for three age groups: children (9-12); adolescents (13-17); and youth (18-29).
Anyone who completes the course is awarded a certificate of financial literacy jointly from NIBAF and NFLP-Y. It can be played on a desktop computer or can be downloaded from Google Play and the App Store for other devices.
JazzCash, under its partnership, is going to provide SBP access to more than 26 million Pakistanis by promoting the PomPak application on its platform. This will help the application reach a wider audience, thus increasing its usage and eventually promoting financial literacy of the nation resulting in a highly positive socio-economic impact.
Riaz Nazarali Chunara, Managing Director, NIBAF stressed on the role of increased financial literacy for promoting financial inclusion. He said that being Pakistan’s first e-learning financial literacy game, PomPak has revolutionized the way financial education is delivered. He went on to add that NIBAF is really proud of what PomPak has achieved since its launch and this partnership with JazzCash will contribute majorly towards our commitment to provide free of cost financial education to all.
While emphasizing on the significance of the MOU, Erwan Gelebart, Chief Executive Officer JazzCash, said that there is ample scope for financial enablement and education through JazzCash.
Creating a strong business and building a better Pakistan in parallel are key contributors of long-term success for JazzCash. This agreement will contribute in achieving the aforesaid objectives as we look forward to upskill the youngsters of Pakistan, he said.
Under the guidance of SBP, NIBAF is implementing National Financial Literacy Program for Youth to impart essential financial education to Pakistani youth and school going children. In the last three years, the project has successfully reached more than 45 districts of Pakistan making over 750 thousands financial literate in this category.
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Jazz awarded project worth Rs344 million for providing broadband service
ISLAMABAD: The Universal Service Fund (USF) on Monday awarded contract worth approximately Rs344 million to Jazz for providing High Speed Mobile Broadband services in Jacobabad, Shikarpur & Kashmore districts of Sindh province.
Federal Minister for Information Technology (IT) and Telecommunication, Syed Amin Ul Haque, Federal Minister for Planning, Development, Reforms and Special Initiatives, Asad Umar and Federal Minister for Privatization, Mian Muhammad Somroo witnessed the contract signing ceremony in Jacobabad on Monday.
The contract was signed by Haaris Mahmood Chaudhary, CEO, USF with Aamir Ibrahim, CEO, Jazz. Addressing the ceremony, Federal Minister for IT and Telecommunication, Syed Amin Ul Haque said, “Sindh is not governed by Pakistan Tehreek-e-Insaf (PTI) or Muttahida Qaumi Movement (MQM), and for the past 12 years, Pakistan Peoples Party (PPP) has been occupying the province- a party that does not care about the people or their interests.During its 12 years in power, PPP gave the people of this province nothing but poverty, unemployment, broken roads, sewerage and water issues, along with health and education problems. Journalists are also being subjected to false charges, bullying, intimidation, torture and even murder. We strongly condemn this and demand that the cases against the journalists be dropped immediately and that justice be provided to the families of the ones who were martyred.”
The Federal Minister for IT and Telecommunication added that necessary steps were being taken for the development of Sindh including the provision of High Speed Mobile Broadband services to millions of residents of Jacobabad, Shikarpur, Kashmore and surrounding areas.
Syed Amin Ul Haque said that the Ministry of IT and Telecommunication has launched 9 projects worth over Rs8.48 billion in the last two years focusing on improvement of network coverage and provision of High Speed Mobile Broadband services along with a number of optical fiber cable projects in Sindh.
The completion of these projects will provide facilities to 17.7 Million people in 19 districts of the province. Currently, 1,900 km of optical fiber cable is being laid which will serve educational institutions, health centers and businesses, allowing citizens to access High Speed Internet.
He added that within the next few days, a 709 km long optical fiber cable project will be launched at a cost of PKR 2.1 Billion, making it another important milestone in digitalizing Pakistan. Syed Amin Ul Haque said that an indication of Sindh government and its Chief Minister, Syed Murad Ali Shah’s lack of interest in the people of the province was the fact that he never participated in the launch events for these welfare projects, despite being invited by the Ministry of IT and Telecommunication several times. He added that the Sindh government was not concerned about the public and public-interest projects.
He stated, “We have not made false promises to you, but have framed our plans and are beginning to take practical steps for Sindh. Because we believe in the politics of service, we have nothing to do with the politics of opposition.”
He prompted journalists to hold the Chief Minister of Sindh accountable for development funds of more than PKR 1500 Billion that were sanctioned for the people of Sindh in the past 12 years and question where such a huge amount was spent and how has it improved lives of the citizens.
While addressing the ceremony, Federal Minister for Planning, Development, Reforms and Special Initiatives, Asad Umar and Federal Minister for Privatization, Muhammad Mian Soomro thanked the Federal Minister for IT and Telecommunication, Syed Amin Ul Haque for launching projects worth billions of rupees for the province of Sindh.
Sharing his views on the development, CEO Jazz, Aamir Ibrahim said, “Jazz invested US$ 462 million during the last two years mainly to expand its 4G footprint in rural and semiurban areas and bridge the digital divide as we collaborate with the Government of Pakistan in realizing the #DigitalPakistan vision.
“Today, close to 60 percent of Pakistan’s population has access to Jazz’s 4G network. Through this contract, Jazz in collaboration with USF will equip over a million unserved residents of Jacobabad, Kashmore and Shikarpur districts with high-speed mobile broadband, creating socioeconomic opportunities and uplifting lives.”
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Jazz launches business app for merchants
ISLAMABAD: Jazz, country’s leading phone operator and fintech, has launched a Business App for its rapidly growing merchant base, a statement said on Monday.
The App has state-of-the-art tools for efficient financial and business management, this app adds to the ease of doing business as small and medium business owners can kick start digital payment acceptance, without the cumbersome bank account registration process.
This all-new platform has been developed to cater to the SME sector, which is yet to realize the full benefits of a digital payments ecosystem, while some amongst them, are not even part of the formal economy. There are millions of SMEs in Pakistan, and only a few thousand accept digital payments making it a predominately cash-based sector.
The JazzCash Business app becomes the command center for these merchants, providing visibility on business performance and automating day-to-day activities. Users can receive payments through QR, reconcile transactions, disburse salaries and make payments for stock procurement.
They can also generate a QR code in real-time and send customizable digital invoices to customers. Going forward, more features will be added to this app, including the option to request a business loan, playing an essential role in driving economic growth.
According to Erwan Gelebart, CEO, JazzCash: “JazzCash aims to cultivate a cashless economy and is committed to introducing innovative products and services that offer faster, more transparent, and secure payment solutions.
“We identified a need for a one-stop digital solution in the SME sector, which still lacks the tools and resources to adopt digital transformation, and created this business app to manage all their financial requirements. By taking advantage of secure, real-time payments, these businesses will witness higher efficiencies and benefit from a thriving digital ecosystem.”
Business owners can self-onboard from anywhere conveniently by registering themselves on the Business App in a few simple steps by providing basic personal and business information, uploading a copy of their CNIC and photograph.
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Jazz injects Rs14.6bn as 4G network investment
ISLAMABAD: Jazz, Pakistan’s number one 4G operator and the largest internet and broadband service provider, has further strengthened its market leadership and continues to drive the digital ecosystem in Pakistan, according to a statement issued on Thursday.
During the first quarter of 2021, Jazz’s overall subscriber base grew by 11.7% year-over-year (YoY) reaching 69.2 million, 4G customer base grew by 62.3 percent YoY reaching 28.7 million, whereas the overall data users grew by 17.1 percent YoY reaching 47.3 million.
During the first quarter of 2021, Jazz invested PKR 14.6 billion, as 4G network investment continued to be the principal focus with population coverage reaching 61 percent during the quarter. Data usage per user also grew considerably to reach 4.5 GB per user.
Aamir Ibrahim, CEO of Jazz, said, “Jazz has been focused on ensuring a robust and expansive 4G network, especially as more and more countrymen started relying on the Internet as an essential communication, productivity and entertainment tool during the pandemic.
“We are very pleased to see the rise in adoption of digital tools in all aspects of life – especially in fintech, in which the growth of JazzCash as Pakistan’s leading mobile wallet and digital payments provider is very impressive.
“Given the ever-growing needs and expectations of our customers, Jazz remains firm in its commitment to connect the underserved with fast and reliable 4G and to bank the unbanked through JazzCash.”
The country’s leading fintech, JazzCash, experienced another strong quarter as its user base saw double-digit growth, finishing the quarter with 14 million monthly active mobile wallets. Overall, JazzCash processed transactions amounting to PKR 701 billion during the reporting period. Jazz World, the self-care app, saw strong levels of customer adoption with monthly active user base reaching 8.5 million. The company’s content services also enjoyed further growth with the monthly active user base reaching 2.2 million.
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Jazz awarded contract worth Rs254 million for broadband services
ISLAMABAD: The Universal Service Fund (USF) has awarded contract worth Rs254 million to Jazz for providing high speed mobile broadband services in rural and remote areas of Punjab, a statement said on Monday.
Federal Minister for IT and Telecommunication, Syed Amin Ul Haque and Federal Minister for Science and Technology, Fawad Chaudhry witnessed the contract signing ceremony held at the Ministry of IT and Telecommunication, Islamabad on Monday.
The contracts were signed by Haaris Mahmood Chaudhary, CEO, USF with Aamir Ibrahim, CEO Jazz. The Federal Secretary for IT & Telecommunication and Chairman USF Board, Shoaib Ahmad Siddiqui, and Chairman PTA, Major General (R) Amir Azeem Bajwa were also present at the ceremony.
Chief Guest of the ceremony, Federal Minister for IT and Telecommunication, Syed Amin Ul Haque said: “While the COVID-19 pandemic slackened economic activity, vibrant Information and Communication Technology (ICT) systems played a pivotal role in ensuring the availability of essential services to the community.
In a way, the pandemic actualized the true potential of broadband services, transforming the way people lived their lives.
In line with the Digital Pakistan initiative, we are committed to providing the required digital ecosystem by working with all relevant stakeholders for enhanced connectivity, improved digital infrastructure, and promotion of emerging technologies.”
The Federal Minister also congratulated Jazz and USF on the signing of the contract and expressed the hope that residents in Jhelum and Chakwal districts will have better connectivity through Jazz’s state-of-the-art network.
He stated that the Ministry of IT and Telecommunication through USF will continue to empower the citizens in remote and far-flung areas to ensure that every Pakistani has access to the internet, enabling them to explore new socio-economic opportunities.
While sharing his views at the ceremony, Aamir Ibrahim, CEO Jazz, said, “Our continued partnership with USF is a reflection of Jazz’s commitment to bridge the digital divide and connect our fellow countrymen with fast and reliable mobile broadband. Our ambition to digitally empower Pakistan is fueled through enhanced connectivity and by creating equal opportunities for all.”
Also, sharing his thoughts at the ceremony, CEO USF, Haaris Mahmood Chaudhary said: “This project will benefit an unserved population of 0.34 million in 263 unserved mauzas, thereby covering an unserved area of 4,002 sq.km. of Jhelum and Chakwal districts.
“By providing mobile broadband to the unserved muazas across the country, USF is playing a crucial role in the socio-economic progress of the people at the grassroots level and have opened the doors of opportunities for the masses.
“USF will continue to work towards achieving the vision of Digital Pakistan”.
Furthermore, he thanked the Federal Minister and the Ministry of IT and Telecommunication for their continued support and guidance.
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KCCI, Jazz sign deal for 35 percent to businessmen
In a significant move to benefit the local business community, the Karachi Chamber of Commerce & Industry (KCCI) and Jazz, Pakistan’s leading 4G operator and top internet and broadband service provider, have announced the signing of a Memorandum of Understanding (MoU). The agreement, formalized on Saturday, aims to provide substantial discounts on Jazz’s services to KCCI members.
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CEO Jazz says abolishing withholding tax to benefit consumers
Chief Executive Officer (CEO) of Jazz, Aamir Ibrahim, has emphasized that abolishing the withholding tax on mobile phone services would directly benefit consumers by making telecom services more affordable.
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