Business Recorder reports that WorldCall is hoping to raise Rs 690 million by holding an IPO end of June. This is a good time for the offering because of the recent launch of it’s Wireless Local Loop service in Lahore (links anyone?). The service features limited mobility (limited to a 6 km zone in urban areas as dictated by PTA), ability to send and receive SMS and internet access at fixed line prices. Worldcall currently has only one competitor in the WLL market, Telecard’s GO CDMA which opened shop in the beginning of this year.
official websiteHeres their official website http://www.callwireless.com.pk/index.asp