Worldcall Telecommunications Limited (WTL) has signed a business collaboration agreement with TUFA Telecommunications, upgrading Fiber to the Home (FTTH) services to reach across the country.
Initially, WTL will upgrade its existing subscribers to benefit from the updated FTTH platform. But they will have to pay some extra charges.
This mutual business endeavor aims at providing a significant boost to the proliferation of affordable broadband services for all segments of society. The collaboration will further roll-out seamless broadband access by utilizing WTL’s existing fiber-optic network.
Notice issued at the Pakistan Stock Exchange (PSX) website said,
“Both parties are fully committed to make this business collaboration a roaring success.”
Moreover, The telecom operator plans to use state-of-the-art blockchain technology to secure its subscribers. It will further open additional avenues of enablement for them. However, in a recent notification issued to PSX, the company claimed that blockchain architecture would augment transparency in delivering services and subscribers’ management for all the stakeholders.
Worldcall Telecommunications Limited (WTL) has a robust deploying setup ranging across 20 major cities. It boasts more than 1850 kilometers of fiber optic infrastructure. Thus, WTL can access the market of around 3 million households for the acquisition of subscribers.
Belonging to Credence Group Lahore, TUFA Telecommunications Pvt. Ltd. provides Telecommunication Services to all the major regions of Pakistan.
WTL collaboration with TUFA Telecommunications will possibly increase the deployment of FTTH services at highly competitive rates as it has the lowest conversion cost per subscriber.
WTL was in the limelight for being the major gainer in the share price at the stock exchange. The management has also proposed ARY Communications Nwteork to sell its 51 percent stakes. However, the deal is still under negotiation for future development.
Source: ProPakistani
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