• Legacy
  • Academy
  • Business
  • PayTech
  • Ignite
  • Cellcos
  • Wired
  • CovidTech
  • Library
  • Touch Base
Subscribe
CW Pakistan

Computerworld Pakistan

CW Pakistan
  • Legacy
  • Academy
  • Business
  • PayTech
  • Ignite
  • Cellcos
  • Wired
  • CovidTech
  • Library
  • Touch Base
  • Computerworld

On the Road To Revival – WorldCall To Make a Comeback

  • January 15, 2018
  • Content Desk
Total
0
Shares
0
0
0


(PR): Following a major restructuring, exit of previous international sponsors and re-invigorated drive for growth, WorldCall Telecom Ltd (WTL) highlighted its corporate turnaround credentials to investment participants.

Conveying their message to the PSX members, brokerage analysts and corporates, fund managers and top-tier analysts at a dinner at a local hotel, management re-iterated its commitment to ‘sweating the assets’ deriving value from sizeable infrastructure the company operates throughout the country. With four major operating segments: 1) Cable & Media, 2) Metro Fiber/P2P, 3) Long Distance International (LDI), 4) VAS (inc. WLL), and associated telecom asset base, the only missing link was diligent management capable of delivering consistent market penetration. The company undertook major cost restructurings because of which operating costs were reduced by Rs45m per month and finance cost was curtailed by Rs35m/month.

Read: After RapidCompute, PTCL Smart Cloud Gets PCIDSS Certification

To be executed in two major phases WTL’s corporate revival is based on quantitative growth in revenues, targeting subscribers to utilize previously dormant traffic based assets. Additionally, management intends to enhance quality service offerings, while monetizing associated offerings (SMS monetization, firewall solutions), service bundling (enhanced cross-selling, bundling, FTTH launch). In the second phase the company has a target of 15% QoQ revenue growth for 2018 with the annual growth target set at 75%, management targets revenue of Rs4b in CY18, said Babar Ali Syed, Chief Executive Officer of the company.

Having a strong asset base ($86m post impairment) with improved governance and fully enabled functional managers, WTL has set out to enhance value for all stakeholders. Re-orienting business practices to strengthen revenue generation and improve organizational practices, WTL has benchmarked for 100% enhancement in its enterprise value. Being a domestic telecom brand, with strong value and a cohesive management strategy, WTL is on the road to achieve sustainable organic growth, without the need for additional fund raising. With committed sponsors, finances, and strengthening corporate clientele the company in on track to magnify its brand, asset base and financial health.

 

Source: The Nation 

 

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • Breaking
  • Netxpress Wired.
  • Telecom
  • WorldCall
Content Desk

Previous Article
  • DEMO PAKISTAN
  • Ignite

Prime Minister of Pakistan Inaugurates NIC Peshawar

  • January 13, 2018
  • Content Desk
View Post
Next Article
  • Technology

New Samsung Galaxy A8, A8+ and Grand Prime Pro Now Available in Pakistan

  • January 17, 2018
  • Content Desk
View Post
You May Also Like
View Post
  • CIO
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Partnerships
  • Technology
  • Uncategorized

Trademor Selected as Alibaba.com’s First Pakistani Service Partner to Serve US Suppliers

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • News
  • Technology
  • Uncategorized

Tomorrow, the Cabinet will vote on the National Cyber Security Policy 2021.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology
  • Uncategorized

With an upcoming programme, Pakistan hopes to break into the $90 billion gaming market

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

To protect sensitive data, Ehsaas creates an IT Policies Vault.

  • Sub Editor
  • April 15, 2022
View Post
  • CIO
  • Computerworld
  • DEMO PAKISTAN
  • Ignite

The PTA is working on a licencing framework for IoT services on land.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite

The President’s House is now completely solar-powered.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

The State Bank of Singapore has proposed a framework for e-commerce exporters.

  • Sub Editor
  • April 15, 2022
View Post
  • Computerworld
  • DEMO PAKISTAN
  • Ignite
  • Technology

The SBP is planning to offer a framework for selling on e-commerce platforms.

  • Sub Editor
  • April 15, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about
About
Launched in 1967 internationally Computerworld is the oldest tech magazine/ media property in the world. Today Computerworld (abbreviated as CW) is an ongoing decades old professional publication which in 2014 "went digital. In Pakistan Computerworld was launched in 1995.
Read more
Explore Computerworld Sites Globally
  • ComputerWorld.es
  • computerworld.com.pt
  • computerworldmexico.com.mx
  • cw.no
  • computerwoche.de
  • computerwelt.at
  • computersweden.idg.se
  • computerworld.hu
  • cwi.it
  • project.nikkeibp.co.jp
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • GameStar
  • Network world
CW Pakistan
  • CW MEDIA
  • CXO MEDIA
  • CHEZ WALLET
  • Demo
CW Media & all its sub brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. Site is designed by Crunch Collective ©️ 2022

Input your search keywords and press Enter.