JAZZ issues Rs10bn notice to SNGPL amidst baseless allegations

News Image

MG News | September 13, 2023 at 11:27 AM GMT+05:00

September 13, 2023 (MLN): While rejecting the accusations made by Sui Northern Gas Pipelines Limited (SNGPL), Jazz, Pakistan's leading mobile operator and digital company filed a lawsuit against the company worth Rs10 billion, citing baseless allegations.

The allegations in question revolve around the power sources used by Jazz's towers, which rely on generators for backup power, sources close to the matter told Mettis Link News on Wednesday.

Jazz clarified that all of its generators are diesel-operated and none of its towers are equipped with gas-operated generators, debunking the claims made by SNGPL.

A spokesperson for Jazz expressed concerns over the potential harm these baseless allegations could cause to investor confidence.

To note, Jazz has more than 15,000 towers across the country.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,260.00 74,260.00
73,715.00
545.00
0.74%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn


May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre


May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg