SYM's Iris Digital seals second Jazz contract

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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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