SYM's Iris Digital seals second Jazz contract
MG News | April 27, 2026 at 12:15 PM GMT+05:00
April 27, 2026 (MLN): Symmetry Group Limited's (PSX:SYM) subsidiary,
Iris Digital (Private) Limited, has formally executed its second Service
Agreement with Jazz for Digital Services.
This marks another milestone following the company's earlier
disclosure dated 28 January 2026, wherein Iris Digital was selected as the
preferred bidder for three different assignments.
Under the agreement, Iris Digital will provide services to
Jazz for a period of three years, effective 1st April 2026, according to the
company’s filing to the Pakistan Stock Exchange
The contract is expected to contribute approximately Rs500
million per annum to the Group's revenues, translating into an estimated
aggregate value of Rs1,500 million over the contract period.
The third and final assignment remains in advanced stages
and is expected to be executed in due course.
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