Add-on Acquisition • Communications

VEON Acquires Jazz

On January 1, 2010, VEON acquired communications company Jazz

Acquisition Context

This is VEON’s 1st transaction in the Communications sector.
This is VEON’s 1st transaction in Pakistan.

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M&A Deal Summary
Date	January 1, 2010
Target	Jazz
Sector	Communications
Buyer(s)	VEON
Deal Type	Add-on Acquisition

Target Company

Jazz

Islamabad, Pakistan

Jazz is a provider of telecommunication services in Pakistan. Jazz was founded in 1994 and is based in Islamabad, Pakistan.

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Buyer Overview 1

Buyer

VEON

Amsterdam, Netherlands

Category	Company
Founded	1992
Sector	Communications
Employees	18,027
Revenue	4.0B USD (2024)

DESCRIPTION

VEON is a provider of telecommunication services. VEON provides more than 200 million customers with voice, fixed broadband, data, and digital services. VEON was founed in 1992 and is based in Amsterdam, Netherlands.

Deal Context for Buyer	#
Overall	1 of 4
Sector: Communications	1 of 2
Type: Add-on Acquisition	1 of 4
Country: Pakistan	1 of 1
Year: 2010	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2011-04-15	Wind Telecom Rome, Italy WIND TELECOM S.p.A.(formerly Weather Investments S.p.A.)is an international telecommunications company offering mobile, fixed, internet and international communication services.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2011-04-15

Wind Telecom

Rome, Italy

WIND TELECOM S.p.A.(formerly Weather Investments S.p.A.)is an international telecommunications company offering mobile, fixed, internet and international communication services.

Buy

Explore Related M&A Activity

Communications M&A - Add-on Acquisition M&A Deals - Pakistan M&A - 2010 M&A