Friday, July 5, 2024

Jazz Announces Strategic Transformation to ServiceCo

As Jazz celebrates its 30th anniversary, the company is unveiling a significant transformation in its business model. Embracing a dynamic ServiceCo structure, Jazz is evolving from a traditional mobile operator into a forward-leaning conglomerate with dedicated Strategic Business Units (SBUs) focused on innovation and growth in new sectors while continuing to deliver cutting-edge services to existing customers.

Jazz is taking steps into software, analytics, and data centers, positioning itself at the forefront of technological advancements. This evolution provides an opportunity to extend Jazz’s successful brands beyond Pakistan, making a meaningful impact on the global stage.

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These initiatives are set to generate additional dollarized income for Pakistan through the export of IT and software services. By strategically housing future companies in optimal jurisdictions and legal structures, Jazz aims to attract international investors, fostering collaborations and boosting the country’s FDI.

Leveraging specialized skills, Jazz will focus on Financial Services, Enterprise Solutions, and Platforms, anticipating and exceeding customer needs with innovative solutions. This transformation will enhance operational efficiency, enabling Jazz to manage resources more effectively and reduce costs. By honing in on distinct business lines, Jazz is well-positioned for sustainable growth and success.

CEO Aamir Ibrahim stated, “This transformation is rooted in our commitment to reinvent ourselves to meet the evolving needs of our customers. By harnessing specialized skills and fostering innovation, we aim to enhance our agility, sharpen our focus on distinct business lines, and drive significant growth.”

As Jazz aligns its businesses, the company remains dedicated to its core values and mission: improving the lives and livelihoods of people through technology.

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Mazhar Ali Raza
Mazhar Ali Raza
Mazhar Ali Raza is a senior journalist from Karachi. He has served more than twenty years in journalism. He was recently associated with the dunya media group as a senior business reporter from the last eleven years . Prior to that he has worked for CNBC for the period of four years. His major beats were the energy auto banking and agriculture sector . He has covered many seminars and exhibitions in Pakistan and abroad as well .
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