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Business & Finance

Worldcall Telecom gets $35mn loan facility

Published Updated

KARACHI: The Worldcall Telecom Ltd (WTL) has received a syndicated $35 million loan facility to improve financial health.

According to information reaching KSE here Thursday, Askari Bank Ltd has provided this facility against the guarantee of Oman Telecommunication Company, the parent company of Worldcall Telecom for a period of seven years with a grace period of two years.

Copyright APP (Associated Press of Pakistan), 2011

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