Engro Corporation Limited has received all necessary regulatory approvals to proceed with its strategic partnership with Pakistan Mobile Communications Limited (Jazz) and its parent company, VEON Group.
As part of the arrangement, Jazz’s shareholding in Deodar Private Limited (the entity that owns its telecom tower infrastructure) will now transfer to Engro Connect Private Limited, a wholly owned subsidiary of Engro Corporation.
Engro will gain access to more than 14,000 telecom towers, which will be made available to all mobile network operators on equal terms. The shared infrastructure model is expected to help operators reduce capital and operational costs, improve service quality, and pass efficiencies on to consumers.
Company executives said the platform will support Pakistan’s growing demand for digital services, including remote education, healthcare access, and financial inclusion. They added that the infrastructure is designed to support future technological developments such as smart cities and other community-focused digital solutions.
Engro Chairman Hussain Dawood described the move as a commitment to enabling digital empowerment across the country. Engro Holdings Chief Executive Abdul Samad Dawood said the investment reinforces telecom infrastructure as a long-term priority for the company. President and Chief Executive of Engro Corporation Ahsan Zafar Syed said the milestone reflects the result of long-standing collaboration and regulatory support since the group entered the telecom sector in 2018.
The company acknowledged the role of multiple government bodies and partners in facilitating the deal, including the Government of Pakistan, the Special Investment Facilitation Council, the Ministry of IT and Telecommunications, the Pakistan Telecommunication Authority, the Securities and Exchange Commission of Pakistan, and the Competition Commission of Pakistan.ess efforts made this dream a reality. Collectively, we have contributed to a platform that strengthens Pakistan’s digital backbone and opens doors to a more connected and growth-ready future,” he added.
