Karachi
\nJazz reported a 20.3% year-on-year revenue growth in Q1 2025, driven by continued digital diversification and disciplined cost management. During the quarter, Jazz invested PKR 9.5 billion\u2014marking a 78.4% year-on-year increase\u2014to expand 4G capacity and scale its digital platforms.
\nThis performance was delivered despite persistent macroeconomic and policy headwinds impacting the telecom sector.
\nDirect digital revenues grew 49.5% YoY, contributing 27.7% to total revenue, driven by strong fintech and digital services performance and Jazz\u2019s strategic shift to platform-based models. With over 20.6 million monthly active users, Pakistan\u2019s leading fintech JazzCash processed a gross transaction value of PKR 10.7 trillion during the last twelve months as of March 2025. Its extensive network, comprising 121,000 active agents and over 340,000 active merchants, has facilitated considerable digitalization of society, with approximately 142,000 digital loans issued daily. Mobilink Bank also delivered a strong performance, recording 25.5% revenue growth.
\nAmong digital verticals, Tamasha\u2014Pakistan\u2019s largest homegrown streaming platform\u2014grew 37.6% year-on-year to 16.5 million MAUs, driven by exclusive cricket content including over 250 live match days across the ICC World Cup and PSL.
\nSIMOSA, Jazz\u2019s Sim-Care, Lifestyle & Social app, grew to 20.9 million MAUs, with its new social community attracting 1 million users within 23 days of launch in Q1 2025. FikrFree, Jazz\u2019s AI-powered insurance and healthcare marketplace, has surpassed 1 million MAUs and 1.8 million policies sold since its October 2024 launch, with new features underway to expand access to quality healthcare nationwide. ROX\u2014Jazz\u2019s youth-centric digital lifestyle platform\u2014also grew to 700,000 monthly active users.
\nThe company\u2019s mobile customer base reached 73.4 million, with 4G users increasing 16% year-on-year to 53.3 million. Mobile ARPU rose 14.0% to PKR 328, supported by higher data usage and uptake of digital bundles. Multiplay customers\u2014who use more than one Jazz service\u2014grew 33.1% and now account for 37% of the user base. EBITDA grew 13.2% year-on-year, while EBITDA margins slightly declined to 42%, reflecting a shifting revenue mix.
\nAamir Ibrahim, CEO of Jazz, said: \u201cThis growth reflects our successful transformation into a ServiceCo\u2014powered by innovation, financial discipline, and a deep commitment to digital inclusion. To sustain this momentum, we urgently need tax and policy reforms that recognize the strategic value of digital infrastructure and foster long-term investment.\u201d
\nAs Pakistan\u2019s top taxpayer, Jazz has contributed over PKR 502 billion to the national exchequer in the past decade.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi Jazz reported a 20.3% year-on-year revenue growth in Q1 2025, driven by continued digital diversification and disciplined cost management. During the quarter, Jazz invested PKR 9.5 billion\u2014marking a 78.4% year-on-year increase\u2014to expand 4G capacity and scale its digital platforms. This performance was delivered despite persistent macroeconomic and policy headwinds impacting the telecom sector. Direct […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-478828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n