VEON Acquires Dhabi Group Stake in Jazz for $273m
This transaction follows the Dhabi Group’s exercise of its put option announced on 28 September 2020 and gives VEON 100% ownership of PMCL. This simplifies and streamlines the Group’s governance over its Pakistani assets and enables VEON to capture the full value of this growing business, including future dividends paid by PMCL. See Also: Jazz Lunches 4G Service in South Waziristan Sergi Herrero, VEON’s co-CEO, said: VEON is a multinational telecommunication services company. It operates services mainly in Asia, Africa and Europe. It is the ninth largest mobile network operator in the world with around 214 million customers. Source: VEON Also Read: How To Share Jazz Minutes With Other Prepaid Users?
