Investment Security

GlobalTech Corporation through its subsidiary WorldCall Telecom is the largest cable television operator in Pakistan with over 800,000 cable television customers. Additionally, it has over 50,000 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 percent, we expect this to increase to over 30% within the next 5 years as envisioned by the Government of Pakatan. Pakistan has a population of over 220 million, giving a large expansion for our product. The Internet is not a luxury but a necessity.

Expansion Plan

We own and operate Fiber links between major cities of Pakistan and Fiber rings around the same cities, we can increase penetration into high-density neighbourhoods with our major capital injection. We will be following the customer acquisition strategy of Charter Communications, purchasing existing cable and fiber companies, and leveraging our network to increase our customer base from 800,000 current customers to over 10 million customers by 2027.

  Conversion of existing customers to FTTH
  Customer acquisition in high-density areas
  Expanding existing footprint to high-density areas
  Expansion of Long-Haul Fiber
  Installation of Fiber from Pakistan to Turkey

Each of the above will get us to the goal of a 20 million customer base within 60 months. Our interconnection with Turkey will allow us to be competitive with undersea cables from Pakistan to the United Arab Emirates. Our cost will be substantially lower than our competitors thus our profitability will be higher.

Financial Projection

At 20 million customers we expect our revenue to be approximately $1.2 billion per year with a net income of approximately $475 million per year. Using the existing multiple of 12:1 our market capitalization should be $4.8 billion. This market capitalization would be $5.7 billion. We expect earnings of $2.37 per share per year at the end of 5 years.

International call origination and termination services. We pioneered this service in Pakistan and are evaluating the acquisition of a company with Origination services located in the United States.

Additionally, we are evaluating acquisitions of technology companies that would enhance our business, such as companies that own last-mile Fiber Optic Networks, and Long-Haul Fiber.

Our telecom switching network allows us to originate and terminate international telephone traffic to and from Pakistan. As such we are evaluating the acquisition of companies in the same business.

We are a leading cable and broadband operator in Pakistan and a prominent broadband communication services company providing video and broadband internet services in major cities of Pakistan through Hybrid Fiber Coaxial and state-of-the-art fiber optic networks. We also offer international voice/data interconnect services with a principal focus on the termination of international voice traffic into Pakistan. We were presented with the Best Media Company award and recognized as the largest cable operator in Pakistan by the consumer’s choice awards in Pakistan.

We offer a full range of residential and business solutions including fiber optic-delivered communications and managed IT solutions to large enterprise customers. For Corporate Clients, we focus on high-quality service in the provision of dedicated lines having Committed Information Rates (CIR) features to enhance productivity. They are also provided fiber optic network solutions including dark fiber optic connectivity on an IRU (Indefeasible / irrefutable Right of Usage) basis, managed circuits, and Point to Point (P2P) and Point to Multipoint (PTMP) connectivity. On our Cable TV Infrastructure, we distribute satellite TV content to our customers on Hybrid Fiber Coaxial (HFC) and Fiber to the Home (FTTH) networks. We carry both analog and digital TV channels to our customers over our cable network. We have gathered a number of awards over the years for our services from the Consumer Association of Pakistan for the quality and affordability of our services. Our subsidiary WorldCall Public is one of the oldest operators in Pakistan and has good brand recognition for its current portfolio of services. With over two decades of service under our brand, we believe the value generated by our brand gives us a competitive edge over our competition.

Upgraded Cable Headend

The Company has been investing in its ambition of providing affordable broadband connectivity across Pakistan besides making a concerted effort to improve its services to existing customers The company has already initiated a comprehensive deployment of consumer Fiber to the Home (FTTH) connectivity clusters converting and migrating its existing customers to a higher average revenue per user (ARPU) platform. The cluster delivered high-speed internet capped at 100 Mbps, a blend of HD resolution 200 + (Digital/ Analogue) channels in addition to user familiar Customer Relationship Module which gives ultimate freedom to the subscriber for a customized service management experience. As the metro fiber optic plant already traverses across our service areas, the conversion cost for migrating an existing HFC customer to FTTH service remains low.

Set-top boxes deployed for Digital Cable TV service are fully compatible with RF Overlay FTTH deployment and need not be changed as part of this migration.

The company has nearly 1,900 kilometers (1,180 miles) of fiber optic infrastructure deployed across 20 major cities of Pakistan with a potential ability to access a market of almost 3 million households for subscriber acquisition. It is a major asset moving forward as access to subscriber concentration points is essential for GlobalTech future strategy.

For our FTTH network deployment, Company has achieved a good response to subscriber conversion and has already deployed phase 1 of the project successfully in populous areas of Lahore, a city in Pakistan. For optimum utilization of this infrastructure and synergizing of resources, we have made business collaborations to aggressively pursue Fiber to the Home (FTTH) service rollout across Pakistan. The FTTH initiative is not only limited to the aforementioned areas, but a comprehensive plan is also in place to convert all existing HFC connections in the various other areas of Lahore and other major cities of Pakistan in a phased manner. This activity will require minimal cost but improve the margin of the business to large extent and resultantly augment its profitability. FTTH service is charged at a higher level as it delivers much higher bandwidth on fiber optic networks. Additionally, operational resource intensity is substantially lower in FTTH as compared to HFC networks. Higher ARPU with lower servicing costs would result in better performance moving forward.


Exponential Technology Roadmap: The Company is concluding arrangements for the deployment of a Public Blockchain Network in Pakistan. The platform deployed would be enabled for offering services targeting education, logistics, and financial services (through partners). At present, there is no public blockchain infrastructure in Pakistan that meets the regulatory framework requirements, and it presents a good opportunity for future growth. However, regulatory requirements are not firmed up by the Government of Pakistan at present and that remains a risk for future activation of the network. Our blockchain Network is in an early stage of development we have completed approximately 20% and we expect to conduct testing of our Blockchain Network by the second quarter of 2023 our development costs of this network are done within in-house software engineering, thus development costs are not separately accounted for. We expect to have commercial testing by the third quarter of 2023.


Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to

  • • Projected financial performance of the Company.
  • • Completion of, and the use of proceeds from, the sale of the shares being offered hereunder.
  • • The expected development of the Company’s business, projects, and joint ventures.
  • • Execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth.
  • • Sources and availability of third-party financing for the Company’s projects.
  • • Completion of the Company’s projects that are currently underway, in development or otherwise under consideration.
  • • Renewal of the Company’s current customer, supplier and other material agreements.
  • • Future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.