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Karachi – August 7, 2025: Jazz, Pakistan’s leading digital operator, has invested over PKR 25.5 billion in the first half of 2025 to boost infrastructure, expand 4G coverage, and enhance digital platforms, reinforcing its role in accelerating Pakistan’s digital transformation. The company reported a strong 17.7% year-on-year growth for the first six months of 2025, driven by strategic investments and robust performance across its digital ecosystem.
Jazz’s revenue for Q2 2025 grew by 15.3% year-on-year in local currency terms, fueled by resilient telecom operations and a notable 35.7% increase in digital revenues. Digital services contributed 28.1% of total revenue, up from 23.9% in the same period last year. EBITDA increased by 5.4%, with a margin of 41.6%, reflecting Jazz’s ongoing transformation into a ServiceCo. The company’s capital expenditure during the period stood at PKR 16 billion.
JazzCash, the country’s leading digital financial service with over 21 million monthly active users, processed a gross transaction value of PKR 11.7 trillion over the past twelve months. The platform now includes 367,000 active merchants and nearly 107,000 agents, issuing over 140,000 digital loans daily and significantly contributing to financial inclusion.
“Our second quarter results reflect not only strong financial performance but also our commitment to Pakistan’s digital future,” said Aamir Ibrahim, CEO of Jazz. “We’ve accelerated our investments in 4G, digital platforms, and financial inclusion while optimizing our portfolio with initiatives like the Deodar transaction. These actions are laying the groundwork for a more inclusive, technology-driven economy.”
By the end of the second quarter, Jazz’s total subscriber base reached 73.9 million, with 54.6 million 4G users an increase of 15.3% year-on-year. 4G penetration climbed to 73.9%, while VoLTE users reached 32 million. Daily active users of VoWiFi services stood at 5.22 million, enhancing high-quality connectivity even in areas without cellular coverage. Multiplay customers grew by 29.2% year-on-year, accounting for 36.4% of Jazz’s base and generating over 3.2 times the ARPU compared to voice-only users.
Jazz’s digital platforms continue to see strong momentum. The entertainment app Tamasha recorded over 12 million monthly active users (MAUs) in Q2, peaking at 17 million in April during key cricket tournaments. SIMOSA, Jazz’s self-care, lifestyle, and social engagement app, reached 21.2 million MAUs. Meanwhile, FikrFree, Jazz’s insurtech app, surpassed 9.8 million active policies and 2.2 million MAUs, reflecting rapid early adoption.
As part of its asset-light strategy, Jazz successfully completed the transfer of its tower infrastructure to Engro Connect through the Deodar transaction supporting long-term operational efficiency and enabling deeper focus on scaling its digital ecosystem.
Serving over 100 million users, Jazz now operates as Pakistan’s foremost ServiceCo with a wide-ranging portfolio spanning fintech (JazzCash), entertainment (Tamasha), digital self-care (SIMOSA), insurtech (FikrFree), enterprise cloud solutions (Garaj), and gaming (GameNow). This evolution reflects the company’s shift from pure connectivity to building digital capabilities that transform lives through the power of technology.
