Symmetry Group Limited (PSX: SYM) has announced that its wholly-owned subsidiary, Iris Digital (Private) Limited, has formally executed its second service agreement with Jazz, Pakistan’s leading digital operator. The three-year contract, effective April 1, 2026, is expected to contribute approximately Rs500 million annually to the Group’s revenues, bringing the total estimated value of the engagement to Rs1.5 billion.
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This milestone follows the company’s disclosure on January 28, 2026, where Iris Digital was named the preferred bidder for three distinct assignments. Under the terms of the latest agreement, Iris Digital will provide Jazz with a comprehensive suite of digital services, further solidifying the long-term strategic partnership between the two organizations.
| Contract Aspect | Detail |
|---|---|
| Contract Duration | 3 years (effective April 1, 2026) |
| Annual Revenue Contribution | ~Rs500 million |
| Total Contract Value | ~Rs1.5 billion |
| Status of Third Assignment | Advanced stages; execution expected shortly |
Following the successful execution of this second contract, the third and final assignment remains in advanced stages and is expected to be formalized in due course. Once completed, it will mark the full realization of the preferred bidder status Iris Digital secured earlier this year, underscoring the company’s growing footprint in Pakistan’s rapidly expanding digital services sector.
About Symmetry Group Limited
Symmetry Group Limited (PSX: SYM) is a leading Pakistani technology and media company focused on digital transformation, software solutions, and innovative media services. It has established itself as a key player in Pakistan’s evolving digital landscape.
About Iris Digital (Private) Limited
Iris Digital is a wholly-owned subsidiary of Symmetry Group Limited, specializing in providing cutting-edge digital services, including IT consulting, software development, and digital transformation solutions for enterprise clients.
About Jazz
Jazz is Pakistan’s leading digital operator, serving over 70 million customers with a comprehensive range of telecommunications and digital services. As part of the VEON Group, Jazz is committed to empowering Pakistan through innovative connectivity and digital solutions.
