Zuma Resources Limited (PSX: ZUMA) has entered the global telecom space after signing a connectivity agreement with Telna North America Inc., allowing it to offer international mobile services including eSIM, data, voice, and roaming.
The development was disclosed in a notice to the Pakistan Stock Exchange, where the company said the agreement gives it access to Telna’s multi network global infrastructure.
Under the arrangement, Zuma will be able to launch its own global telecom brand and operate as a service provider across multiple countries.
The company said the initial term of the agreement is three years, with revenue expected to be generated through resale of telecom services and usage based billing.
Zuma is also evaluating the option of applying for a Mobile Virtual Network Operator license from the Pakistan Telecommunication Authority, which would allow it to operate telecom services locally.
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