VEON’s Pakistan operator Jazz secures $270m credit facility for digital infrastructure expansion
VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON) subsidiary Jazz has secured Pakistan’s largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. US$270 million). The 10-year financing arrangement will be used to build up Jazz’s 4G connectivity and digital services ...
July 26
The Tech Capital partners with Touchdown Middle East on region-wide data centre conference
Bahrain/London, UK, September 06, 2023 - The Tech Capital, a renowned digital media platform, has announced its collaboration with Touchdown Middle East, the GCC’s first region-wide data centre conference taking place on 21st-22nd November 2023 in the Kingdom of Bahrain. The conference is being established by the Gulf Data Centre Association (GDCA) in partnership wit...
September 06
Intercontinental Peace subsea system comes online days before 2023
PEACE Cable International Network Co., Ltd has announced that the under-construction section of PEACE Cable System has completed system-wide acceptance testing, and is now ready to go live for commercial use. PEACE Cable System, which spans Asia, Africa and Europe, has landed in Pakistan, Egypt, France, Kenya and other countries since its announcement in October 2018. In...
December 27
VEON opens Islamabad data centre
VEON Group (NASDAQ: VEON) has opened a data centre in Islamabad, Pakistan. The facility is located in the Jazz Digital Park (JDP) that was established with an investment of over US$8 million made by Pakistani mobile network and internet services provider Pakistan Mobile Communications trading as Jazz. The data centre has a current capacity of more than 300 racks, expanda...
January 25
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