KARACHI: Engro Holdings Ltd on Friday announced that Engro Corporation Ltd had secured all approvals for its strategic partnership with Pakistan Mobile Communications Ltd (Jazz) and its parent company, VEON Group.
Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Pvt) Ltd — which houses its telecom infrastructure assets — will vest with Engro Connect (Pvt) Ltd, a subsidiary of Engro Corporation.
By accessing Engro’s combined portfolio of over 14,000 towers, all mobile network operators (MNOs) will have equal access to a high-quality, nationwide infrastructure platform, said a press release.
Published in Dawn, May 24th, 2025