WorldCall Investment
GlobalTech Corporation through its subsidiary WorldCall Telecom is the largest cable television operator in Pakistan with over 550,000 cable television customers. Additionally, it has over 57,000 broadband customers. Our investment strategy includes converting our existing cable customers to Fiber-to-the-Home, this will result in lower expenses and higher revenue per customer.
We have commenced converting our customers and have received a 100% conversion rate at our test location. Over the next 24 months, we will convert from the HFC plant to FTTH. This will be a phased conversion, wherein we pay for the customer equipment and installation.
Pakistan lacks broadband connectivity and at less than 3%, we expect this to increase to over 30% within the next 5 years as envisioned by the Government of Pakistan. Pakistan has a population of over 247.5 million, giving a large potential for our product. The Internet is not a luxury but a necessity.
"Fiber Is The Future"
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