Pakistan’s telecom sector is strategically diversifying to reduce dependence on traditional infrastructure. Jazz’s CFO Farrukh H Khan highlighted that future growth will rely on adaptability and ecosystem development rather than tower assets.
This shift follows Jazz’s landmark sale of its tower infrastructure to Engro Corporation under the Deodar Project, transferring passive assets while retaining access through leasebacks. Khan described the deal as a “strategic unlock” freeing capital to invest in digital verticals such as fintech, enterprise solutions, entertainment, healthtech, insurtech, and digital self-care.
The move reflects global trends where telecom operators face rising costs and declining voice revenues amid increasing digital demand, prompting a pivot towards high-growth technology platforms.
