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World Call Losses Soars on Cost Escalation

admin-augaf by admin-augaf
May 2, 2023
in Business, Finance
Reading Time: 1 min read
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Karachi May 2 2023: World Call Limited reported loss of PKR 546 million for the first quarter when compared with loss of PKR 389 million in the same period last year, according to company filling to the exchange.

Loss from operation s increased to PKR 128 million versus profit of PKR 17 million in the same period last year as direct cost soars to PKR 538 million versus PKR 315 million last year.

Worldcall Telecom Limited is a public limited Company incorporated in Pakistan on March 15, 2001. The Company commenced its operations on December 01, 2004 and is engaged in providing Wireless Local Loop ("WLL") and Long Distance & International ("LDI") services in Pakistan; re-broadcasting international/national satellite/terrestrial wireless and cable television and radio signals; interactive communication and to establish, maintain and operate the licensed telephony services. The Company has been licensed by Pakistan Telecommunication Authority ("PTA") and Pakistan Electronic Media Regulatory Authority ("PEMRA") for these purposes.


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