VEON's subsidiary Jazz secures largest allocation of 190 MHz mobile spectrum in Pakistan auction

VEON's subsidiary Jazz, Pakistan’s leading connectivity provider, secured the largest allocation of 190 MHz in a mobile spectrum auction held by the Pakistani Government on March 10, 2026. This successful auction nearly triples the spectrum available to mobile operators in Pakistan, enhancing connectivity services across the country. Jazz, operating under JazzWorld, will leverage this increased spectrum to expand its network capacity and improve digital services for its customers. The deal represents a significant push by the Pakistani Government to reform its telecom sector and boost digital infrastructure.

Counterparts (3)

Buyer

J

Jazz

company

New Delhi-based infrastructure development and construction company established in 2007, specializing in roads, buildings, water, and power projects across India.

parent_company

VEON Ltd.

company

Amsterdam-based global digital operator providing connectivity and internet services to over 160 million customers across six emerging markets. Focuses on mobile and fixed broadband, digital services, and network modernization.

Seller

P

Pakistani Government

company

The Government of Pakistan is the sovereign entity responsible for planning, funding, and overseeing national infrastructure development across transport, energy, digital, and social sectors. It executes projects through various ministries and state-owned enterprises, often leveraging public-private partnerships and international financing to drive economic growth and connectivity.