M&A Deal Summary

VEON Acquires Jazz

On January 1, 2010, VEON acquired communications company Jazz

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

M&A Deal Summary
Date 2010-01-01
Target Jazz
Sector Communications
Buyer(s) VEON
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

VEON

Amsterdam, Netherlands
Category Company
Founded 1992
Sector Communications
Employees16,422
Revenue 3.7B USD (2023)
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 STATS #
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.

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