Worldcall Telecom Limited, a part of the Worldcall Group, has signed a $30 million syndicated term loan agreement with a con sortium of four leading banks to launch WLL service in Pakistan.

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Worldcall Telecom Limited, a part of the Worldcall Group, has signed a $30 million syndicated term loan agreement with a con sortium of four leading banks to launch WLL service in Pakistan.

April 15, 2005

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Worldcall Telecom Limited, a part of the Worldcall Group, has W signed a $30 million syndicated term loan agreement with a consortium of four leading banks to launch WLL service in Pakistan. The consortium includes Habib Bank, National Bank, Muslim Commercial Bank and Askari Commercial Bank. The company is set to launch the WLL project across Pakistan from April 2005, targeting over 2 million subscribers in the first phase. The service is to be offered at Re 0.85 per call which is much cheaper than PTCL and other players' services.