WorldCall Telecom unveils Global Tech Corporation for global expansion

WorldCall Telecom Limited (WTL), a leading telecom provider in Pakistan, has recently unveiled its strategic move towards global expansion and technological innovation. The company has introduced Global Tech Corporation (GTC) as part of its reorganization strategy, now trading as GLTK. This restructuring, led by WorldCall Services (Pvt) Limited (WSL) and Ferret Consulting F.Z.C., aims to enhance WTL's technological capabilities without changing its ownership structure.

With the establishment of GTC, WTL aims to tap into international capital markets to raise funds ranging from $5 million to $10 million. These funds will drive a technology transformation within the company, focusing on expanding Fiber-to-the-Home (FTTH) technology deployment in Pakistan to provide faster and more reliable internet connectivity. Additionally, WTL plans to develop innovative IT solutions to meet the needs of both local and global markets, enhancing its service offerings.

This strategic initiative by WTL marks a significant milestone in its journey towards future growth and technological advancement. By investing in cutting-edge technology and diversifying its service portfolio, WTL aims to strengthen its position as a key player in Pakistan's telecom industry and the global IT market.

WorldCall Telecom Limited remains dedicated to transparency, ensuring that stakeholders, including the Pakistan Stock Exchange (PSX) and TREC holders, are kept informed of all developments related to this reorganization. The launch of GTC and the accompanying restructuring plan set the stage for WTL's continued success and leadership in the ever-evolving telecom landscape.

WorldCall Telecom Limited's introduction of Global Tech Corporation signifies a bold step towards embracing technological advancements and expanding its global footprint. With a focus on innovation and service excellence, WTL is poised to shape the future of telecommunications in Pakistan and beyond, offering enhanced connectivity and cutting-edge solutions to its customers.