VEON’s Jazz to Establish Regional Availability Zone for Standard Chartered Bank

VEON’s Jazz has partnered with Standard Chartered Bank to establish a regional availability zone through its enterprise solutions arm, Garaj. This collaboration aims to enhance SCB’s operational resilience and customer experience by providing advanced data center services in Pakistan, reinforcing both companies’ commitment to digital transformation.

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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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