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In 2010, Russian operator Vimpelcom (now VEON Ltd.) agreed to acquire most of the telecom assets of Orascom, including Mobilink, in a $6.5 billion deal, creating the world’s fifth-largest mobile network operator by subscriber base.
In November 2015, Vimpelcom announced the 100% acquisition of Pakistan’s Warid Telecom, a subsidiary of Abu Dhabi Group. Completed in July 2016 after due approvals, the first ever local telecom company acquisition created a combined subscriber base of 50 million. Following this merger, Mobilink was officially rebranded to Jazz in 2017.
Jazz has over 12500 active cell sites in the country, with over 25,000 kilometers of Fiber Optic cable laid. Huawei, Nokia-Siemens, and ZTE are the primary vendors for networking equipment at Jazz, including Radio Base Stations, Microwave equipment and network switches. Jazz has invested over 9 billion US Dollars in Pakistan till date.[Source]