Engro Secures Approvals for Landmark Partnership to Expand Telecom Infrastructure, Paving the Way for Pakistan’s Digital Future

Engro Secures Approvals for Landmark Partnership to Expand Telecom Infrastructure, Paving the Way for Pakistan’s Digital Future

Engro Holdings Limited is delighted to announce that Engro Corporation Limited has secured all approvals for its strategic partnership with Pakistan Mobile Communications Limited (“Jazz”) and its parent company, VEON Group. Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Private) Limited – which houses its telecom infrastructure assets – will vest with Engro Connect (Private) Limited, a subsidiary of Engro Corporation. In line wi…

Pakistan's Telecom Infrastructure Gets Major Boost as Strategic Partnership Secures Final Approvals

Copyright protected content copied from PhoneWorld website. Pakistan’s leading digital operator Jazz has announced that it has now secured all regulatory approvals for its strategic partnership with Engro Corporation Limited (“Engro Corp”) for the pooling and management of telecommunications infrastructure assets in Pakistan. The partnership, initially announced on December 5, 2024, is expected to enhance the efficiency of infrastructure and dig…

Jazz-Engro Infrastructure Partnership Gets Final Regulatory Approvals

Jazz Pakistan has received all necessary regulatory approvals for its strategic Jazz-Engro infrastructure partnership, solidifying a transformative move aimed at improving telecom infrastructure and boosting digital investments across the country. Announced initially on December 5, 2024, the agreement between Jazz and Engro Corporation Limited marks a significant development in Pakistan’s telecom sector. As per the deal, Jazz’s infrastructure as…

ENGRO Corporation Obtained All Regulatory Approvals For Acquisition of Jazz Tower Business

Islamabad May 23 2028: ENGRO Corporation has obtained all the required approvals including Competition Commission of Pakistan, according to company filing to the Pakistan Stock Exchange. Engro Corporation Limited (ECORP), a wholly owned subsidiary of Engro Holdings Limited, dated December 06, 2024 in respect of the Amalgamation Agreement executed with Pakistan Mobile Communications Limited (PMCL). Pursuant to the Amalgamation Agreement, a Scheme…