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Telenor Pakistan Joins Launch of Nation’s First Low-Carbon Energy Storage as a Service (ESaaS) Project

Telenor Pakistan is part of the launch of the country’s first low-carbon Energy Storage as a Service (ESaaS) project, which aims to reduce the telecom sector’s carbon footprint by 8.33 kilotons annually. The initiative involves deploying 25 MWh of battery infrastructure, reducing reliance on diesel, and saving PKR 5 billion in costs.

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Veon secures US$270 million loan for Pakistan unit Jazz

Veon subsidiary Jazz has secured a PKR75 billion (US$270 million) loan to expand its infrastructure and transition from a telecom company to a technology services provider. The credit facility, led by The Bank of Punjab, is the largest long-term private sector syndicated credit facility in Pakistan, enabling Jazz to enhance digital infrastructure and invest in cloud, software, and financial services.

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