{"id":2480,"date":"2022-04-13T06:54:01","date_gmt":"2022-04-13T06:54:01","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=2480"},"modified":"2022-04-13T06:55:32","modified_gmt":"2022-04-13T06:55:32","slug":"jazz-gets-licence-renewed-for-486-million","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/","title":{"rendered":"Jazz Gets Licence Renewed For $486 Million"},"content":{"rendered":"\n<p>Web Desk &#8212; For the renewal of its operational licence, the Pakistan Mobile Communications Limited (Jazz) signed an agreement with the Pakistan Telecommunication Authority (PTA) on Tuesday, committing the highest ever investment in the telecom sector.<\/p>\n\n\n\n<p>The 15-year licence has been renewed against $486.2 million, 50 per cent (Rs44.54 billion or equivalent to $243.1n) of which has been deposited while Jazz will pay the rest of the payment in five equal installments.<\/p>\n\n\n\n<p>In a tweet, Jazz CEO Aamir Hafeez Ibrahim said the company has committed $486m to renew its spectrum for another 15 years, which is the largest investment in the history of the telecom sector in Pakistan. &#8220;It reflects our commitment to improving our services to 75m customers,&#8221; he added.<\/p>\n\n\n\n<p>PTA awarded the current 15-year operating licence to Jazz in 2007, which is set to expire in July this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Web Desk &#8212; For the renewal of its operational licence, the Pakistan Mobile Communications Limited (Jazz) signed an agreement with the Pakistan Telecommunication Authority (PTA) on Tuesday, committing the highest ever investment in the telecom sector. The 15-year licence has been renewed against $486.2 million, 50 per cent (Rs44.54 billion or equivalent to $243.1n) of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":2481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2480","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jazz Gets Licence Renewed For $486 Million<\/title>\n<meta name=\"description\" content=\"Jazz makes the highest ever investment in the telecom sector. 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Jazz CEO says they are committed to provide best services to the customers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsMakers-Daily Latest Urdu Breaking News Updates\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-13T06:54:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-13T06:55:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2022\/04\/Jazz.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"552\" \/>\n\t<meta property=\"og:image:height\" content=\"257\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"xaibi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"xaibi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/\"},\"author\":{\"name\":\"xaibi\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"headline\":\"Jazz Gets Licence Renewed For $486 Million\",\"datePublished\":\"2022-04-13T06:54:01+00:00\",\"dateModified\":\"2022-04-13T06:55:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/\"},\"wordCount\":143,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2022\/04\/Jazz.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/\",\"name\":\"Jazz Gets Licence Renewed For $486 Million\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/jazz-gets-licence-renewed-for-486-million\/2480\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2022\/04\/Jazz.jpg\",\"datePublished\":\"2022-04-13T06:54:01+00:00\",\"dateModified\":\"2022-04-13T06:55:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"description\":\"Jazz makes the highest ever investment in the telecom sector. 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