WTL unveils 4IR tech expansion plan across 20 Pakistani cities

July 31, 2024 (MLN): Worldcall Telecom Limited (PSX: WTL) is gearing up for revenue expansion through its investment in the 4th Industrial Revolution (4IR) technology stack focused on AI, Blockchain and big data solutions development along with network upgrade to Fiber To The Home (FTTH) across 20 cities in Pakistan.

David Fox, the Co-founder of World Mobile Group (WMG) shared this with Muhammad Farid Alam, CEO of AKD Securities to explore further avenues of cooperation on the global stage through digital asset monetization, additional investments in Worldcall in Pakistan capital market.

"It is an exciting alliance in the making to provide a much-needed boost to the investment environment in Pakistan," he highlighted.

The Co-founder further said that WTL's technology transformation received a significant boost through the commencement of trade for GlobalTech Corporation (GLTK OTC).

The listing provides access to the global capital market for funding Worldcall's transformation into a technology powerhouse.

Worldcall signing up with World Mobile Group (WMG) for a roll-out of 200K home pass on Fiber To The Home (FTTH) was a major milestone in Worldcall technology transformation.

WMG has integrated the Worldcall roll-out into its WMT Scan for market engagement.

Additionally, WMG is eying additional opportunities for Pakistan to scale up its investments into technology and broadband operations in Pakistan.

Relatedly, Muhammad Farid Alam has been championing investments in Pakistan and has been actively promoting Pakistan as a major destination for technology-centric businesses.

About World Mobile Group

World Mobile Group is at the forefront of digital asset innovations for utilization in telecom infrastructure roll-outs.

It carried out success trials for operating nodes on sharing economy platforms for broadband connectivity.

After a successful Token Generation Event, its token is currently trading at a fully diluted market cap of $400 million.

About GlobalTech Corporation

GlobalTech is a publicly traded company with its oZice in Reno, Nevada and with operations in the technology sector.

It plans to grow its business operations through investments in telecom, media and technology sectors.

GlobalTech is holding company of WorldCall Telecom Limited.

About Worldcall Telecom Limited

WTL is a public listed telecom and media operator in Pakistan.

Worldcall has substantial deployments in Long Distance and International (LDI), broadband, metro fiber optic networks and media playout facilities for its cable operations.

Worldcall has deployed approximately 2,000 km of metro fiber in 20 cities across Pakistan to provide its customers with internet and television service with a potential service footprint of 3.2 million home pass.

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