Omantel to Acquire WorldCall Pakistan

Omantel has announced that its company board has approved acquiring a majority share in Worldcall Limited, a Pakistan-based telecom company. No terms were released. Finalization of the deal is subject to the approval of Worldcall shareholders and the Pakistani regulatory authorities.

"A break through for a Pakistani Company, speaks of how the booming IT and Telecom Sector in the sixth biggest market of the world is being eyed by foreign stake holders."

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