GlobalTech (GLTK) 10-Q/A 22 Sep 23 2023 Q2 Quarterly report (amended) Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2023 shares
Cover [Abstract]
Entity Registrant Name	GLOBALTECH CORPORATION
Entity Central Index Key	0001938338
Document Type	10-Q/A
Amendment Flag	true
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2023
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding	139,763,391
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-1938338
Entity Tax Identification Number	82-3926338
Entity Incorporation State Country Code	NV
Entity Interactive Data Current	Yes
Entity Address Address Line 1	3550 Barron Way Suite 13a
Entity Address City Or Town	Reno
Entity Address State Or Province	NV
Entity Address Postal Zip Code	89511
City Area Code	775
Local Phone Number	624 4817
Security 12b Title	Common Stock, $0.0001 par value
Amendment Description	NA

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 750,478	$ 756,231
Restricted cash	2,112,494	2,364,341
Accounts receivable - net	4,649,036	3,302,580
Short term investments	116,918	171,529
Prepayments	13,546	14,839
Stores and spares	830,954	1,066,725
Loans and advances	3,582,727	3,668,905
Other receivables	1,343,933	1,178,698
Total current assets	13,400,087	12,523,848
Property, plant and equipment	17,912,852	23,715,533
Operating lease right-of-use assets	488,101	707,991
Intangible assets - net	12,247,765	15,486,688
Long term loans and other assets	5,185,355	3,637,739
Deferred tax asset	8,257,196	11,065,173
TOTAL ASSETS	57,491,354	67,136,972
Current liabilities:
Trade and other payables	24,916,288	28,027,230
Current portion of non-current liabilities	4,222,013	5,267,245
Accrued interest	2,000,387	2,041,753
Short term borrowings	1,216,113	1,531,718
Provision for taxation - net	1,341,848	1,678,731
Total current liabilities	33,696,649	38,546,677
Term finance certificates	2,640,916	4,042,807
Long term financing - secured	1,529,655	1,376,205
Long term deposits and payable	1,190,271	1,807,353
License fee payable	158,527	200,586
Operating lease liability	675,646	955,681
Other payables	589,379	1,866,732
Total non-current liabilities	6,784,393	10,249,365
TOTAL LIABILITIES	40,481,042	48,796,041
SHAREHOLDERS' EQUITY:
Preferred shares	0	2,978,090
Dividend on preferred shares	0	1,085,625
Common stock, $0.0001 par value - authorized 500,000,000 shares at June 30, 2023 and December 31, 2022 and issued 139,763,391 and 139,763,391 shares at June 30, 2023 and December 31, 2022.	13,976	13,976
Accumulated other comprehensive loss	(1,703,488)	(769,359)
Accumulated deficit	(34,254,138)	(35,079,562)
Shareholders' Equity Attributable to the Parent Company	(35,943,650)	(31,771,230)
Non - controlling interest	52,953,962	50,112,161
TOTAL SHAREHOLDERS' EQUITY	17,010,312	18,340,931
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 57,491,354	$ 67,136,972

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
CONSOLIDATED BALANCE SHEETS
Common stock, shares par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	139,763,391	139,763,391
Common stock, shares outstanding	139,763,391	139,763,391

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED)
NET REVENUE	$ 2,817,665	$ 2,690,757	$ 5,286,038	$ 5,644,880
Direct operating costs	(2,642,855)	(1,597,735)	(4,781,677)	(3,410,953)
Other operating costs	(591,510)	(593,986)	(1,072,650)	(1,145,877)
Depreciation and amortization	(696,730)	(1,216,795)	(1,403,906)	(2,342,381)
Other expenses	948,190	386,475	(4,023,009)	(537,408)
OPERATING LOSS	(2,061,620)	(1,104,235)	(5,995,204)	(1,791,739)
OTHER:
Other income - net	3,066,730	510,371	3,082,282	785,095
Finance cost	(484,379)	(828,380)	(909,474)	(1,574,609)
INCOME/(LOSS) BEFORE TAXATION	520,731	(1,422,244)	(3,822,396)	(2,581,253)
Taxation	(41,624)	(32,767)	(80,732)	(68,873)
NET LOSS	479,107	(1,455,011)	(3,903,128)	(2,650,127)
NET INCOME/(LOSS) ATTRIBUTABLE TO:
Common shareholders of GlobalTech Corporation	264,467	(851,181)	(2,154,526)	(1,550,324)
Non - controlling interest (NCI)	214,640	(603,829)	(1,748,601)	(1,099,803)
Net Income/(Loss) Attributable	$ 479,107	$ (1,455,011)	$ (3,903,128)	$ (2,650,127)
Net loss per common share: basic and diluted	$ 0	$ (0.01)	$ (0.02)	$ (0.01)
Weighted-average common shares used to compute basic and diluted loss per share	139,763,391	139,763,391	139,763,391	139,763,391

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (3,903,128)	$ (2,650,127)
Adjustment for non-cash charges and other items:
Depreciation and amortization	1,403,906	2,342,381
Interest accretion on liabilities	800,140	1,674,721
Revenue from Indefeasible Right of Use ("IRU") agreement	0	(1,965,154)
Liabilities written back	0	(81,890)
Post employment benefits	11,576	105,519
Income on deposits, advances and savings accounts	(313,290)	(154,906)
Changes in operating assets and liabilities:
Stores and spares	235,771	171,349
Trade debts	(1,346,456)	(4,158,340)
Loans and advances	86,178	28,679
Short term investment	54,611	(757,909)
Prepayments	1,293	403,170
Other receivables	(165,234)	18,414
Trade and other payables	(3,110,942)	(3,515,639)
Increase / (Decrease) in non-current liabilities and assets:
Long term deposits and payables	(617,082)	725,895
Other payables	(1,277,353)	(840,893)
Long term loans and other assets	(1,547,615)	2,088,946
Post employment benefits paid	(10,891)	(830)
Income on deposit and savings accounts	313,290	154,906
Lease rental payments	(62,337)	(64,204)
Finance cost paid	(281,941)	(1,018,655)
Income tax paid	(56,983)	(99,347)
Net cash used in operating activities	(5,770,872)	(7,593,912)
CASH FLOWS FROM INVESTING ACTIVITIES
Payment on purchase of property and equipment - net	(17,074)	(53,257)
Proceeds from the encashment of short term investments	0	39,775
Net cash used in investing activities	(17,074)	(13,482)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of term finance certificates	0	(353,322)
Repayment of long term financing	(67,237)	(121,974)
Short term borrowings - net	0	(133,482)
Net cash used in from financing activities	(67,237)	(608,778)
Net Decrease in Cash and Cash Equivalents	(5,855,183)	(8,216,172)
Cash and Cash Equivalents at the beginning of the Period	3,120,573	2,679,401
Exchange effect	5,597,584	9,239,560
Cash and Cash Equivalents at the End of the Period	2,862,973	3,702,790
SUPPLEMENTAL INFORMATION - Cash paid during the period for:
Income taxes	(56,983)	(99,347)
Interest	$ (281,941)	$ (1,018,655)

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)
NET INCOME/(LOSS)	$ 479,107	$ (1,455,011)	$ (3,903,128)	$ (2,650,127)
Items that will not be reclassified to profit or loss:
Remeasurement of post employment benefit obligations - net of tax	0	0	0	0
Changes in fair value of financial assets through other comprehensive income	(27,062)	5,697,867	(526,495)	3,717,549
Foreign currency translation adjustment	(237,892)	4,486,985	2,675,703	5,405,728
Other Comprehensive income (loss) - net of tax	(264,954)	10,184,852	2,149,208	9,123,277
COMPREHENSIVE INCOME/( LOSS)	214,153	8,729,842	(1,753,920)	6,743,150
COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO:
Common shareholders of GlobalTech Corporation	118,213	5,106,957	(968,164)	(3,786,793)
Non - controlling interest (NCI)	95,941	3,622,884	(785,756)	(2,686,357)
Comprehensive income/(loss) attributable to GLOBALTCH	$ 214,153	$ 8,729,842	$ (1,753,920)	$ (6,437,150)

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)	Total	Preferred Stock	Dividend On Preferred Stock	Common Stock	Additional Paid In Capital	Other Comprehensive Loss	Translation Reserve	Total Accumulated Other Comprehensive Income	Retained Earnings Accumulated Deficit	Non Controlling Interest
Balance, shares at Dec. 31, 2021		52,500		139,763,391
Balance, amount at Dec. 31, 2021	$ 25,736,430	$ 2,978,090	$ 1,085,625	$ 13,976	$ 0	$ (124,914)	$ 1,335,465	$ 1,210,551	$ (28,222,172)	$ 48,670,360
Net loss attributable for the six months ended June 30, 2022	(2,650,127)	0	0	0	0	0	0	0	(1,302,972)	(1,347,154)
Other comprehensive loss for the six months ended June 30, 2022	9,123,277	0	0	0	0	5,508,019	3,162,350	8,670,369	0	452,907
Total comprehensive income for the six months ended June 30, 2022	6,473,151	0	0	0	0	5,508,019	3,162,350	8,670,369	(1,302,972)	(894,247)
Translation and other adjustments for the six months ended June 30, 2022	2,153,526	0	0	0	0	0	0	0	0	2,153,526
Balance, amount at Jun. 30, 2022	34,363,105	$ 2,978,090	1,085,625	$ 13,976	0	5,383,105	4,497,815	9,880,920	(29,525,144)	49,929,638
Balance, shares at Jun. 30, 2022		52,500		139,763,391
Balance, shares at Mar. 31, 2022		52,500		139,763,391
Balance, amount at Mar. 31, 2022	25,633,262	$ 2,978,090	1,085,625	$ 13,976	0	(1,283,400)	1,872,929	589,529	(28,921,315)	49,887,358
Net loss attributable for the six months ended June 30, 2022	(1,455,011)	0	0	0	0	0	0	0	(603,829)	(851,181)
Other comprehensive loss for the six months ended June 30, 2022	10,184,852	0	0	0	0	6,666,505	2,624,886	9,291,391	0	893,461
Total comprehensive income for the three months ended June 30, 2022	8,729,842	0	0	0	0	6,666,505	2,624,886	9,291,391	(603,829)	42,280
Translation and other adjustments for the three months ended June 30, 2022	2,153,526	0	0	0	0	0	0	0	0	2,153,526
Balance, amount at Jun. 30, 2022	34,363,105	$ 2,978,090	1,085,625	$ 13,976	0	5,383,105	4,497,815	9,880,920	(29,525,144)	49,929,638
Balance, shares at Jun. 30, 2022		52,500		139,763,391
Balance, shares at Dec. 31, 2022		52,500		139,763,391
Balance, amount at Dec. 31, 2022	18,340,931	$ 2,978,090	1,085,625	$ 13,976	0	(1,873,824)	1,104,465	(769,359)	(35,079,562)	50,112,161
Net loss attributable for the six months ended June 30, 2022	(3,903,128)	0	0	0	0	0	0	0	(2,334,198)	(1,568,929)
Other comprehensive loss for the six months ended June 30, 2022	2,149,208	0	0	0	0	(326,040)	1,569,446	1,270,405	0	878,803
Total comprehensive income for the six months ended June 30, 2022	(1,753,920)	0	0	0	0	(326,040)	1,596,446	1,270,405	(2,334,198)	(690,126)
Translation and other adjustments for the six months ended June 30, 2022	423,300	$ 0	0	0	0	0		0	0	423,300
Elimination of preferred stock due to acquisition of CPS, shares		(52,500)
Elimination of preferred stock due to acquisition of CPS, amount	0	$ (2,978,090)	(1,085,625)	0	0	0	(2,204,534)	(2,204,534)	3,159,623	3,108,627
Balance, amount at Jun. 30, 2023	17,010,312	$ 0	0	$ 13,976	0	(2,199,864)	496,377	(1,703,488)	(34,254,138)	52,953,962
Balance, shares at Jun. 30, 2023				139,763,391
Balance, shares at Mar. 31, 2023		52,500		139,763,391
Balance, amount at Mar. 31, 2023	16,796,159	$ 2,978,090	1,085,625	$ 13,976	0	(2,169,988)	2,832,227	662,238	(37,678,228)	49,734,456
Net loss attributable for the six months ended June 30, 2022	479,107	0	0	0	0	0	0	0	264,467	214,640
Other comprehensive loss for the six months ended June 30, 2022	(264,954)	0	0	0	0	(29,876)	(131,316)	(161,193)	0	(103,761)
Translation and other adjustments for the three months ended June 30, 2022	0	0	0	0	0	0		0	0	0
Elimination of preferred stock due to acquisition of CPS, amount	0	(2,978,090)	(1,085,625)	0	0	0	(2,204,534)	(2,204,534)	3,159,623	3,108,627
Total comprehensive income for the three months ended June 30, 2023	214,154	$ 0	0	0	0	(29,876)	(131,316)	(161,193)	264,467	110,879
Elimination of preferred stock due to acquisition of CPS, shares		(52,500)
Balance, amount at Jun. 30, 2023	$ 17,010,312	$ 0	$ 0	$ 13,976	$ 0	$ (2,199,864)	$ 496,377	$ (1,703,488)	$ (34,254,138)	$ 52,953,962
Balance, shares at Jun. 30, 2023				139,763,391

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	6 Months Ended
	Jun. 30, 2023
ORGANIZATION AND BUSINESS
ORGANIZATION AND BUSINESS	1. ORGANIZATION AND BUSINESS GlobalTech Corporation (“The Company”) is a Nevada Corporation, incorporated with name of Elko Broadband Inc (“EBI”) on December 12, 2017. The Company changed its name on March 23, 2022, to GlobalTech Corporation following a plan of reorganization as disclosed in a following paragraph, GlobalTech Corporation is a broadband company and provides broadband services. A Plan and Agreement of Reorganization dated December 31, 2021, has been entered into by and between Elko Broadband Inc., (now as GlobalTech Corporation) and Worldcall Holding Inc.(“WHI”), wherein transfer of all assets, properties and business of WHI, in exchange of 117,299,473 common stocks of GlobalTech Corporation the then Elko Broadband Inc.(“EBI”) par value $0.0001 per share. Plan of reorganization required name change to WorldCall Broadband Inc (“WBI”). This requirement was subsequently amended to change name to GlobalTech Corporation. However, if trading of shares of the common stock of the Company on OTC Markets is not commenced by December 31, 2022, or such later date as is agreed by WHI stockholders and EBI in writing, then such non-commencement of trading shall forthwith entitle the WHI stockholders to cancel, reverse and unwind the Overall Transaction, in consequence, whereof the 117,299,473 shares of the Company, representing eighty-five percent (85%) of the voting power in the Company, that are held by the WHI Stockholders shall be returned to the EBI Shareholders, and all of the WorldCall Services Limited shares and the Ferret Consulting shares that are then held by the Company shall be returned to the WHI Stockholders, at no further cost to either side involved. On December 16, 2023, Merger and Reorganization Agreement was amended and latest amendment is done on September 20, 2023 in which December 31, 2023 is set for trading to commence. As of the filing of this amendment trading of shares has not commenced. The Company has applied for and received a Cusip number and has also applied for a symbol. 1.1. Legal Subsidiaries 1.1.1. WorldCall Telecom Limited The Company - owned, directly and indirectly through shareholders in aggregate 55.2% of shares and control in WorldCall Telecom Limited (“WTL”). WTL is a public limited Company, incorporated in Pakistan on March 15, 2001, under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). Its shares are quoted on Pakistan Stock Exchange. WTL commenced its operations on December 01, 2004, and is engaged in providing Wireless Local Loop (“WLL”) and Long Distance & International (“LDI”) services in Pakistan; re-broadcasting international/national satellite/terrestrial wireless and cable television and radio signals; interactive communication and to establish, maintain and operate the licensed telephony services. The Group has been licensed by Pakistan Telecommunication Authority (“PTA”) and Pakistan Electronic Media Regulatory Authority (“PEMRA”) for these purposes. WTL is domiciled in Pakistan and its registered office cum principal place of business is situated at Plot # 112-113, Block S, Quaid -e Azam Industrial Estate, Kot Lakhpat, Lahore. 1.1.2. WorldCall Services (Pvt) Limited WorldCall Services (Private) Limited (“WSL”), a wholly owned subsidiary of the Company, was incorporated on October 05, 2009, as a private limited Company in Pakistan, under the Companies Ordinance 1984 (Repealed) now Companies Act 2017. The objects of WSL include, but not limited to carrying on and undertaking the business of providing channel placement services, payphone services and generating revenue from communication services. The registered office of WSL is situated at Plot # 112-113, Block S, Quaid -e Azam Industrial Estate, Kot Lakhpat, Lahore, Pakistan. 1.1.3. Ferret Consulting - (FZC) Ferret Consulting (FZC), a wholly owned subsidiary of the Company, is a limited liability company registered in Emirates of Ajman, UAE as a Free Zone Company, in accordance with the Free Zone laws and regulations enforced in the Emirates of Ajman, U.A.E. It was registered on 24 Aug 2016 and commenced operations thereon. 1.1.4. Rout 1 Digital (Pvt) Limited Route 1 Digital is a private limited company, a wholly owned subsidiary of Worldcall Telecom Limited, incorporated under the Companies Ordinance 1984 (now Companies Act 2017) on December 21, 2016. The primary business is to carry out the business of all transport services, sharing motor vehicle transportation with another or others, and consultancy in the field of information technology, software development and all activities ancillary thereto. The registered office of the Company is situated at Plot # 112-113, Block S, Quaid -e Azam Industrial Estate, Kot Lakhpat, Lahore, Pakistan.

BASIS OF PREPARATION OF CONSOLI

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS	6 Months Ended
	Jun. 30, 2023
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS	2. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS Basis of Consolidation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for financial information and with the instructions to Form 10-Q. They do not include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the consolidated financial statements for the fiscal year ended December 31, 2022, included in the Company’s year-end financial statements on Form 10-K/A filed with the Securities and Exchange Commission on September 20, 2023. Certain amounts in the consolidated financial statements for the prior year have been reclassified to conform to the current year’s presentation. These reclassifications had no impact on net earnings, financial position, or cash flows. The unaudited consolidated financial statements should be read in conjunction with those consolidated financial statements included in the Form 10-K/A. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three and six-months ended June 30, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. Going Concern – Significant Accounting Policies: Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. Revenue Recognition We derive revenue from six primary sources: (1) International Termination Services, (2) Indefeasible Right of Use (IRU) Services, (3) Cable TV and Internet Services, (4) Metro Fiber Solutions, (5) Capacity Sale Services, and (6) Advertisement Services. All our revenue arrangements are based on contracts with customers. Most of our contracts with customers contain single performance obligations, although certain contracts do contain multiple performance obligations where we perform more than one service for the same customer. We account for individual performance obligations separately if they are distinct within the context of the contract. For contracts where we provide multiple services such as where we perform multiple ancillary services, each service represents its own performance obligation. Selling or transaction prices are based on the contractual prices for each service at its stand-alone selling price. We act as the principal in all revenue transactions. A five-step approach is applied in the recognition of revenue under ASC 606: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when we satisfy a performance obligation. Payment of invoices is due as specified in the underlying customer agreement, typically advance payments to 30 days from the invoice date, which occurs on the date of transfer of control of the services to the customer. Since payment terms are less than a year, we have elected the practical expedient and do not assess whether a customer contract has a significant financing component. The Company’s revenue arrangements generally do not include a general right of refund for services provide. Direct Operating Costs — Other Operating Costs — Business Combinations – Third Party Business Combinations – Common Control The Plan and Agreement of Reorganization (as disclosed in note 1) has been accounted for as a reverse acquisition where EBI is a legal acquirer (the accounting acquiree) and WHI; is a legal acquiree (the accounting acquirer). The fair value of WHI’s net assets was reliably measured using trading price of WTL Stock, which was $0.012 as on the date of reorganization i.e., December 31, 2021. In accordance with ASC 805-40, the fair value of the consideration effectively transferred has been calculated using the number of WHI’s shares that would have been issued to the shareholders of EBI on the acquisition date to give EBI’s shareholders an equivalent ownership interest in WHI as it has in the Company (WHI would had to issue 35,294 shares to EBI’s shareholders). Consideration effectively transferred has been computed to be approximately $423.53 (35,294 shares multiplied by the fair value of WHI’s shares of $0.012) against the assumed fair value of EBI’s net assets amounting to $419,181. Cash $ 1,193 Non-current assets (incl. tangible and intangible assets) 458,287 Current liabilities (incl. trade and other payables) (40,299 ) $ 419,181 The Company determined the fair value of the EBI’s assets acquired and liabilities assumed, as well as the valuation of the WHI’s shares to be issued to compute effective consideration. The Company used generally accepted valuation techniques and methodologies to arrive at the fair values disclosed above i.e., discounted cash flow and replacement cost method. As per Guidance ASC 805-40-45-1, ASC 805-40-30-2, ASC 805-40-55-8 through ASC 805-40-55-10: CR. Common stock $ 11,730 CR. Bargain Purchase Gain $ 407,451 DR. Net Assets of EBI $ 419,181 $ 419,181 $ 419,181 This transaction resulted in a bargain purchase gain due to several factors including eventual listing of shares of common stock of the Company on NASDAQ in accordance with the applicable laws and regulations. Income Taxes Fair Value Measurements Level 1 – inputs are based upon unadjusted quoted prices for identical instruments in active markets. Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. These financial instruments are subject to fair value adjustments only in certain circumstances and include cash, restricted cash, accounts receivable, accounts payable and accrued expenses, borrowings under term loans and line of credit, and other payables. Due to the short-term nature of these financial instruments and that the borrowings bear interest at prevailing market rates, the carrying value approximates the fair value. Accounts Receivable - net Property, Plant, and Equipment Depreciation on owned assets is charged to the statement of profit or loss account on the straight-line method to write off the cost or revalued amount of an asset over its estimated useful life. Depreciation on additions is charged from the month in which the assets are available for use while no depreciation is charged in the month in which the assets are disposed of. The depreciation method, residual value, and useful lives of assets are reviewed at least at each financial year end and adjusted if the impact on depreciation is significant. An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount. The gain or loss on disposal of an asset represented by the difference between the sale proceeds and the carrying amount of the asset is recognized as an income or expense. Loans and advances — Advances to vendors are provided for provision of goods and services and they are secured either by a security deposit or a legally enforceable right to recover. Loans and advances are carried at fair value through profit or loss and are initially recognized at fair value and transaction costs are expensed in the statement of profit or loss account. The fair value is determined using inputs observable in the market, which are classified as level 2 in the fair value hierarchy. They are considered a non-recurring fair value measurement and are measured at fair value. The fair value measurement considers market interest rates and the creditworthiness of the borrowers or other parties. Long term loans and other assets These assets are carried at fair value through profit or loss and are initially recognized at fair value and transaction costs are expensed in the statement of profit or loss account. The fair value is determined using inputs observable in the market, which are classified as level 2 in the fair value hierarchy. They are considered a non-recurring fair value measurement and are measured at fair value on a recurring basis. The fair value measurement considers market interest rates and the creditworthiness of the borrowers or other parties. Intangible Assets Evaluation of Long-Lived Assets — There was no impairment of internal-use software costs, intangible assets or property and equipment during the six months ended June 30, 2023 and 2022. Leases — ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Earnings Per Share The company presents both basic and diluted EPS on the face of the income statement. The company also provides a reconciliation of the numerator and denominator used in the EPS calculations in the footnotes to the financial statements, in case of any change occurred during the year. Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding, adjusted for the effects of all dilutive potential ordinary shares. Foreign Currency Translation Restatement of Prior Balances The below adjustments resulted in the restatement of the consolidated financial statements as of June 30, 2023. There were no restatements to the consolidated statement of operations, cash flows, or comprehensive income for the three and six months ended June 30, 2023 and 2022. As Presented Adjustment/ As Restated June 30, 2023 Reclassification June 30, 2023 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (33,915,953 ) $ (338,185 ) $ (34,254,138 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (35,605,458 ) $ (338,192 ) $ (35,943,650 ) Non-controlling interest (a) (b) $ 52,615,771 $ 338,192 $ 52,953,962 The restatements/reclassifications relating to the financial statements as of December 31, 2022 are as follows: As Presented December 31, 2022 Adjustment/ Reclassification As Restated December 31, 2022 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (34,741,377 ) $ (338,185 ) $ (35,079,562 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (31,433,038 ) $ (338,192 ) $ (31,771,230 ) Non-controlling interest (a) (b) $ 49,773,970 $ 338,192 $ 50,112,161 a) As a result of the restatement the value of common stock issued and outstanding as of January 1, 2021 was decreased by $7 due to a transposition error. b) As a result of the restatement as of December 31, 2021 and 2022 in the amended 10-K/A filed on September 20, 2023, accumulated deficit of $338,185 and non-controlling interest of $338,185 as of June 30, 2023 and December 31, 2022 have been restated accordingly as compared to the previous filed report on Form 10-Q for the three and six months ended June 30, 2023 filed on August 18, 2023. All these restatements are material to the Company’s consolidated financial statements. We have evaluated the materiality of the restatement in accordance with FASB guidance and SEC Staff Comments and determined that it requires appropriate disclosure and revision of these consolidated financial statements. Use of Estimates Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments. The guidance in Accounting Standards Update (“ASU”) 2016-13 replaces the incurred loss impairment methodology under current GAAP. The new impairment model requires immediate recognition of estimated credit losses expected to occur for most financial assets and certain other instruments. It will apply to all entities. For trade receivables, loans, and held-to-maturity debt securities, entities will be required to estimate lifetime expected credit losses. This may result in the earlier recognition of credit losses. In November, the FASB issued ASU No. 2019-10, which delays this standard’s effective date for SEC smaller reporting companies to the fiscal years interim periods beginning on or after December 15, 2022. The Company adopted the new guidance January 1, 2023 and the adoption of this new guidance had no material impact of the consolidated financial statements. As per the new guidance accounts receivable are presented on the consolidated balance sheet net of an allowance for credit losses, which is established based on reviews of the accounts receivable aging, an assessment of the customer’s history and current creditworthiness, and the probability of collection. The Company routinely reviews its receivables and makes provisions for the credit losses utilizing the Current Expected Credit Losses model (“CECL”). The CECL model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses for loans and other receivables at the time the financial asset is originated or acquired. However, those provisions are estimates and actual results may materially differ from those estimates. Trade receivables are deemed uncollectible and are removed from accounts receivable and the allowance for credit losses when collection efforts have been exhausted. In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40). This ASU simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The amendments are not required to be implemented until after 2022 for public entities. The Company adopted this standard on January 1, 2023 and there was no impact on the consolidated financial statements as a result of the adoption of this standard. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The amendments in this update require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendments are effective for public business entities for fiscal years beginning after December 15, 2022. The Company adopted this update on January 1, 2023. The Company determined that this update did not have a significant impact on the consolidated financial statements.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2023
ACQUISITIONS
ACQUISITIONS (RESTATED)	3. ACQUISITIONS Ferret WSL Date of acquisition(s) 30-Nov-2021 30-Nov-2021 Property and equipment - 30,983 Long term loans 16,576,630 2,987,911 Long term investments 5,849,298 5,197,957 Receivable from associates - 7,216,311 Trade and other receivables 59,581 411,002 Short term investment 4,875,764 10,679 Cash and bank balances 375,600 20,753 Total assets 27,736,873 15,875,596 Long term loans - (6,163,627 ) Loan from directors - (1,873,446 ) long term payables (1,613,556 ) (4,814,974 ) Short term borrowings (47,993 ) (2,113,637 ) Accrued interest (84,972 ) (1,897,713 ) Trade and other payables (1,348 ) (15,787 ) Provision for taxation - (9,645 ) Total liabilities (1,747,869 ) (16,888,829 ) Net assets $ 25,989,004 $ (1,013,233 ) As on November 30, 2021, WHI entered into its 100,000 shares swap agreement with the shareholders of Ferret Consulting (FZC), a UAE-based corporation, to acquire i) all of the issued and outstanding capital stock of Ferret, and (ii) all of the Ferret assets and liabilities that were used in business. As on November 30, 2021, WHI entered into its 100,000 shares swap agreement with the shareholders of WSL, a Pakistan based corporation, to acquire i) all of the issued and outstanding capital stock of WSL, and (ii) all of the WSL assets and liabilities that were used in business. Under the common control method, we recognize the business combination by combining the historical carrying amounts of the assets, liabilities, and equity of the combining entities as of the date of combination. No fair value adjustments are made to the carrying amounts of the combining entities' assets, liabilities, and equity, as the transaction is considered a transfer of ownership interests between entities under common control.

CASH AND BANK

CASH AND BANK	6 Months Ended
	Jun. 30, 2023
CASH AND BANK
CASH AND BANK	4. CASH AND BANK June 30, 2023 December 31, 2022 (Unaudited) Cash at bank Current accounts $ 603,714 $ 182,270 Savings accounts 16,438 112,438 620,152 294,708 Cash in hand 130,325 461,323 Pay orders in hand - 200 $ 750,478 $ 756,231

RESTRICTED CASH

RESTRICTED CASH	6 Months Ended
	Jun. 30, 2023
RESTRICTED CASH
RESTRICTED CASH	5. RESTRICTED CASH June 30, 2023 December 31, 2022 (Unaudited) Deposit in escrow account $ 1,867,962 $ 2,061,124 Margin and other deposits 244,532 303,217 $ 2,112,494 $ 2,364,341 Deposits in escrow account The formation of ICH was declared anti-competitive by the Competition Commission of Pakistan, and resultantly PTA issued a policy directive in June 2014 terminating ICH arrangement. Some operators challenged this termination and obtained interim relief from Sindh High Court and Lahore High Court. However, Supreme Court adjudicated the matter in February 2015 in favor of termination of ICH, and pursuant upon this, PTA issued its notification of termination of ICH arrangement. As of now, the mechanism of the adjustment of the amount available in Escrow Account remains to be finalized. Margin and other deposits include deposits placed with banks against various guarantees. This amount also includes approximately $69,662 deposited in a Court of Law as disclosed in a relevant note of contingencies and commitments.

ACCOUNTS RECEIVABLE NET

ACCOUNTS RECEIVABLE NET	6 Months Ended
	Jun. 30, 2023
ACCOUNTS RECEIVABLE NET
ACCOUNTS RECEIVABLE - NET	6. ACCOUNTS RECEIVABLE – NET June 30, 2023 December 31, 2022 (Unaudited) Considered good - unsecured $ 4,649,036 $ 3,302,580 Considered doubtful - unsecured 2,174,759 2,174,759 6,823,795 5,477,339 Less: Provision for expected credit loss (2,174,759 ) (2,174,759 ) $ 4,649,036 $ 3,302,580 Provision for expected credit losses has been approximately $0 and $741,603 for the six months ended June 30, 2023 and year ended December 31, 2022, respectively.

PROPERTY PLANT AND EQUIPMENT

PROPERTY PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2023
PROPERTY PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT	7. PROPERTY, PLANT AND EQUIPMENT June 30, 2023 December 31, 2022 (Unaudited) Operating fixed assets $ 17,856,026 $ 23,658,654 Capital work-in-progress 56,827 56,879 $ 17,912,852 $ 23,715,533 Operating fixed assets Building on freehold land $ 435,829 $ 429,705 Freehold land 181,169 225,729 Leasehold improvements 850,104 806,713 Plant and equipment 36,152,665 36,335,401 Office equipment 470,521 458,815 Vehicles 137,127 135,200 Computers 803,834 785,610 Furniture and fixtures 155,620 149,969 Laboratory and other equipment 96,037 94,687 39,282,906 39,421,829 Less: Accumulated depreciation (21,426,880 ) (15,763,175 ) $ 17,856,026 $ 23,658,654 Useful life of operating fixed assets is ranging between 5 years to over 20 years. There has not been significant additions and disposals have been made during the six months ended June 30, 2023 and 2022. Moreover, depreciation on operating assets has been allocated to depreciation and amortization on face of the statement of profit or loss. Detail of additions June 30, 2023 Leasehold improvements $ 7,011 Plant and equipment 7,844 Office equipment 878 Furniture and fixtures 954 Computers 387 $ 17,074

LEASES

LEASES	6 Months Ended
	Jun. 30, 2023
LEASES
LEASES	8. LEASES We determine if an arrangement is a lease at inception. We have operating leases for office and temporary living space. Operating leases are included in operating lease ROU assets, current operating lease liability and non-current operating lease liability in our consolidated balance sheets as of June 30, 2023 and December 31, 2022. The Company does not have any finance leases. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our estimated incremental borrowing rates, which are derived from information available at the lease commencement date, in determining the present value of lease payments. We give consideration to our bank financing arrangements, geographical location and collateralization of assets when calculating our incremental borrowing rates. Our lease terms include options to extend the lease when it is reasonably certain that we will exercise that option. Leases with a term of less than 12 months are not recorded in the consolidated balance sheets. Our lease agreements do not contain any residual value guarantees. For real estate leases, we account for the lease and non-lease components as a single lease component. Some leases include escalation clauses and termination options that are factored in the determination of the lease payments when appropriate. If a lease is modified after the effective date, the operating lease ROU asset and liability is re-measured using the current incremental borrowing rate. We review our incremental borrowing rate for our portfolio of leases on a quarterly basis. Lease expense is included in direct operating costs and general and administrative expenses in the consolidated statements of operations based on the nature of the expense. Break down of operating lease expense: Six Months Ended June 30, 2023 2022 Operating lease cost $ 158,802 $ 224,662 Short term lease cost 10,136 14,340 $ 168,938 $ 239,003 Supplemental balance sheet information related to leases was as follows: June 30, 2023 December 31, 2022 (Unaudited) Operating leases Operating lease ROU assets, net $ 488,101 $ 707,991 Current operating lease liabilities 195,695 418,607 Non-Current operating lease liabilities 675,646 955,681 $ 871,341 $ 1,374,288 Operating leases ROU Assets 707,991 1,346,359 Asset lease expense (99,151 ) (318,297 ) Foreign exchange loss (120,740 ) (320,071 ) ROU Assets - net $ 488,101 $ 707,991 Weighted average remaining lease term (in years): Operating leases 7.68 6.34 Weighted average discount rate: Operating leases 13.35 % 13.35 % Supplemental cash flow and other information related to leases was as follows: Six Months Ended June, 30 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 62,337 $ 146,668 ROU assets obtained in exchange for lease liabilities: Operating leases, net of impairment and terminations $ - $ - Maturities of lease liabilities are as follows: Operating leases - Years Ending December 31, 2023 (six months) $ 69,295 2024 144,223 2025 156,727 2026 169,661 2027 174,244 Thereafter 620,521 Total lease payments $ 1,334,671 Less: imputed interest $ (463,330 ) Total lease obligations $ 871,341 Less: current obligations $ 195,695 Long-term lease obligations $ 675,646

INTANGIBLE ASSETS NET

INTANGIBLE ASSETS NET	6 Months Ended
	Jun. 30, 2023
INTANGIBLE ASSETS NET
INTANGIBLE ASSETS	9. INTANGIBLE ASSETS – NET June 30, 2023 December 31, 2022 (Unaudited) Licenses $ 4,636,199 $ 4,636,199 Patents and copyrights 23,839 23,504 IRU - media cost 19,478,961 23,689,827 Software 50,422 49,714 24,189,421 28,399,244 Less: Accumulated amortization - net (11,941,656 ) (12,912,555 ) $ 12,247,765 $ 15,486,688 Useful life of intangible assets is ranging between 5 years to 20 years. Moreover amortization on intangible assets has been allocated to depreciation and amortization on face of the statement of profit or loss. As of June 30, 2023, future amortization expense scheduled to be expensed is as follows: Year ending December 31, 2023 (six months) $ 395,591 2024 791,182 2025 791,182 2026 791,182 2026 791,182 Thereafter 8,687,445 $ 12,247,765

TRADE AND OTHER PAYABLES

TRADE AND OTHER PAYABLES	6 Months Ended
	Jun. 30, 2023
TRADE AND OTHER PAYABLES
TRADE AND OTHER PAYABLES	10. TRADE AND OTHER PAYABLES June 30, 2023 December 31, 2022 (Unaudited) Trade creditors $ 10,499,392 $ 11,634,923 Accrued and other liabilities 4,558,347 4,961,552 Payable to PTA against APC charges 6,151,829 7,784,002 Payable against long term investment 153,257 193,918 Contract liabilities 2,862,341 2,541,600 Withholding taxes payable 258,944 297,868 Sales tax payable 309,794 458,515 Security deposits 122,382 154,852 $ 24,916,288 $ 28,027,230 Trade creditors: This includes payable to PTA amounting to $2.02 million and $2.54 million as on June 30, 2023 and December 31, 2022, respectively. Out of this $1.82 million (December 31, 2022: $2.26 million) represents payable regarding Annual Radio Spectrum Fee in respect of WLL licenses. PTA has issued multiple determinations that have been challenged and contested by the Company on legal grounds as well as on account of preoccupation of frequency / spectrums and losses suffered by the Company due to such preoccupancy for which the Company has demanded due compensation from PTA. In all these matters, the Company has filed appeals against PTA's determinations before the honorable Lahore High Court and the honorable Islamabad High Court and stay orders were obtained against the recovery. This matter has been decided in favor of the Company; however, PTA has gone into appeal before the Honorable Supreme Court of Pakistan. Accrued and other liabilities: Security Deposits

CURRENT PORTION OF NONCURRENT L

CURRENT PORTION OF NONCURRENT LIABILITIES	6 Months Ended
	Jun. 30, 2023
CURRENT PORTION OF NONCURRENT LIABILITIES
CURRENT PORTION OF NON-CURRENT LIABILITIES	11. CURRENT PORTION OF NON-CURRENT LIABILITIES June 30, 2023 December 31, 2022 (Unaudited) Term finance certificates $ 2,336,071 $ 2,463,732 Mark-up payable on TFCs 1,349,990 1,422,080 Long term financing 340,257 962,825 Lease liabilities 195,695 418,608 $ 4,222,013 $ 5,267,245 Details of the current portion of non -current liabilities are provided in their respective notes.

ACCRUED INTEREST

ACCRUED INTEREST	6 Months Ended
	Jun. 30, 2023
ACCRUED INTEREST
ACCRUED INTEREST	12. ACCRUED INTEREST June 30, 2023 December 31, 2022 (Unaudited) Short term borrowings $ 199,512 $ 219,329 Term finance certificates 1,800,875 1,760,140 Long term financing - 62,284 $ 2,000,387 $ 2,041,753

SHORT TERM BORROWINGS

SHORT TERM BORROWINGS	6 Months Ended
	Jun. 30, 2023
SHORT TERM BORROWINGS
SHORT TERM BORROWINGS	13. SHORT TERM BORROWINGS June 30, 2023 December 31, 2022 (Unaudited) Line of credit facility -commercial banks $ 159,611 $ 202,541 Line of credit facility - others 1,056,502 1,329,177 $ 1,216,113 $ 1,531,718 Line of credit facility – commercial banks: During the year ended 31 December 2022, Company restructured one of its line of credit facility with Askari Bank Limited amounting $1.27 million which is transferred to long term financing due to restructuring for detail refer Note 15. Line of credit facilities available from commercial banks under interest arrangements amounting to $0.11 million and $0.14 million, as on June 30, 2023 and December 31, 2022, respectively. These facilities are available at interest rate from 1 month to 3 months KIBOR (Karachi Interbank Offered Rate) plus 1.5% per annum (31 December 2022: 1 month to 3 months KIBOR plus 1.5% to 2.5% per annum), payable quarterly, on the balance outstanding. The mark up charged during the six months ended June 30, 2023 on outstanding balances at 18.52% to 22.44% (December 31, 2022: 11.19% to 17.60%) per annum, effectively. The Company is in negotiation with Banks for roll over of these facilities. As on June 30, 2023 and December 31, 2022, the Company had no available yet-to-be-drawn available / committed borrowing facilities. This credit facility with commercial banks are secured against first pair passu hypothecation charge on all present and future current and fixed assets excluding building, Wireless Local Loop ("WLL")/Long Distance and International ("LDI") receivables, first joint pari passu hypothecation charge over all present and future current and fixed assets of the Company with security margin over the facility amount, pledge of shares of listed companies in Central Depository Company ("CDC") account of the Company, lien over cash deposit of $0.152 million first exclusive assignment of all present and future receivables of LDI business arm of the Company, collection accounts with Bank for routing of LDI receivables, counter guarantee of the Company, equitable mortgage over the property of office # 302, 303, 304, 3rd Floor, the Plaza on Plot # G-7, Block-9, KDA Scheme # 5, Kehkashan Clifton, Karachi and equitable mortgage over the property of office # 07, 08, 09 situated on 1st Floor, Ali Tower, MM Alam Road, Gulberg III. Line of credit facility – others: This represents various interest bearing and interest free loans from different parties. June 30, 2023 December 31, 2022 (Unaudited) Loan from other parties $ 89,502 $ 96,108 Loan from related party 208,200 263,479 Loan from Elahi Group of Companies 758,801 969,590 $ 1,056,502 $ 1,329,177 Loan from related party: This represents payable to AMB Management Consultants (Pvt.) Ltd (AMB) (related party) against short term borrowings, which is due to payments made by AMB on behalf of the Company. Loan from third parties: June 30, 2023 December 31, 2022 (Unaudited) HTS Tel Communication $ 68,747 $ 68,747 TLT Communication 20,755 3,973 Wisdom Information Technology Solution - 23,388 $ 89,502 $ 96,108

TERM FINANCE CERTIFICATES (TFCs

TERM FINANCE CERTIFICATES (TFCs)	6 Months Ended
	Jun. 30, 2023
TERM FINANCE CERTIFICATES (TFCs)
TERM FINANCE CERTIFICATES (TFCs)	14. TERM FINANCE CERTIFICATES (TFCs) June 30, 2023 December 31, 2022 (Unaudited) Opening balance $ 7,458,750 $ 7,847,937 Repayments - (389,187 ) 7,458,750 7,458,750 Current portion (2,144,511 ) (2,463,737 ) 5,314,240 4,995,013 Add: Deferred markup 952,619 1,421,704 Exchange adjustment (3,625,943 ) (2,373,910 ) Closing balance $ 2,640,916 $ 4,042,807 Term finance certificates (TFCs) have a face value of $17.42 per certificate. These TFCs carry mark up at the rate of six months average KIBOR plus 1.0% per annum (2022: six-month average KIBOR plus 1.0% per annum), payable quarterly. The mark up rate charged during the six months ended June 30, 2023, on the outstanding balance ranged from 17.10% to 22.15% (December 31, 2022: 8.76% to 17.10%) per annum. IGI Holding Limited (previously IGI Investment Bank Limited) is the Trustee (herein referred to as the Trustee) under the Trust Deed. The liability of these TFCs has been rescheduled in December 2012 and then on April 03, 2015. During the year ended 31 December 2018, third rescheduling of these TFCs was successfully executed through signing of the Third Supplemental Trust Deed between the Trustees and the Company. In accordance with the 3rd Supplemental Trust Deed executed during the year ended 31 December 2018, the outstanding principal is repayable by way of quarterly staggered instalments with downward revision in interest of 0.60% i.e. revised interest rate of six months average KIBOR + 1%. The outstanding interest payable as at the date of restructuring and up to December 20, 2018 is agreed to be deferred and shall be paid from March 20, 2021 in quarterly instalments. 50% of the interest accrued for the period between December 20, 2018, to December 20, 2020, shall be paid on regular quarterly basis commencing from March 20, 2019, and the remaining 50% shall be deferred and paid from March 20, 2021. Interest deferred has been measured at present value. Under the revised term sheet, these TFCs are due to mature on September 20, 2026. The other main terms included appointment of one representative as a nominee director nominated by the Trustee which has been complied with. Further, 175 million sponsor's shares were pledged for investors which was to be released with quarterly scheduled principal repayments proportionately starting from June 2019. The pledged shares have not been released in proportion to the payments made during the year. The Company has not paid due quarterly installments of June 2019 to June 2023 amounting USD 1.95 million. In case of failure to make due payments by the Company, Trustee can instruct the security agent to enforce the letter of pledge and sell the quantum of the pledged shares to generate the amount required for the settlement of the outstanding redemption amount. Last year in January 2022 Trustee has sold 24.63 million shares for the amount of $0.198 million ($0.128 million settled against principal and $0.069 million against accrued mark-up) and in February 2022 Trustee has sold further 25.75 million shares for the amount of $ 0.20 million ($0.12 million settled against principal and $0.08 million against accrued mark-up) to recover o/s installments of June 2019, September 2019 and Dec 2019. These TFCs are secured against first pair passu charge over the Company's present and future fixed assets including equipment, plant and machinery, fixtures excluding land and building with 25% margin in addition to all rights, benefits, claims and interests procured by the Company under: A. Long Distance and International ("LDI") and Wireless Local Loop ("WLL") license issued by PTA to the Company; and B. Assigned frequency spectrum as per deed of assignment.

LONG TERM FINANCING SECURED

LONG TERM FINANCING SECURED	6 Months Ended
	Jun. 30, 2023
LONG TERM FINANCING SECURED
LONG TERM FINANCING - SECURED	15. LONG TERM FINANCING – SECURED June 30, 2023 December 31, 2022 (Unaudited) Bank Islami Limited 302,292 $ 400,847 Allied Bank Limited 182,456 288,073 Askari Bank Limited 1,044,908 687,285 $ 1,529,656 $ 1,376,205 Allied Bank Limited: th th Bank Islami Limited: Askari Bank Limited: This represents balance transferred as a result of settlement agreement from short term running finance (RF) facility to Term Loan Facility as on November 02, 2022. Principal will be repaid in 48 installments starting from Nov 2022 till Oct 2026. Markup outstanding after effective discounts / waivers as per settlement agreement and markup to be accrued will be serviced in 36 monthly installments, starting from Nov 2024. Effective markup rate applicable will be 1MK - 2% (Floor 10%). The mark up charged during the period on the outstanding balance ranged from 14.4% to 19.70% (2022: 13.46% to 14.61%). The facility is secured against 1st joint pair passu charge on present and future current and fixed assets (excluding land & building & licenses) of the Company with Margin 25%, collection account with AKBL for routing of LDI receivables along with additional mortgage on Properties situated in Sindh., Pakistan.

LINCENSE FEE PAYABLE

LINCENSE FEE PAYABLE	6 Months Ended
	Jun. 30, 2023
LINCENSE FEE PAYABLE
LINCENSE FEE PAYABLE	16. LICENSE FEE PAYABLE June 30, 2023 December 31, 2022 (Unaudited) License fee payable $ 158,527 $ 200,586 $ 158,527 $ 200,586 This represents the balance amount of the license fee payable to the Pakistan Telecommunication Authority (PTA) for WLL licenses. The Company had filed an application with PTA for a grant of moratorium overpayment of balance amount of WLL license. However, PTA rejected the Company's application and demanded its payment. Being aggrieved by this, the Company filed an appeal before Islamabad High Court ("IHC") against PTA's order. Meanwhile, the Ministry of Information Technology ("Ministry") through its letter dated August 30, 2011, allowed the operators, the staggering for settlement of Access Promotion Contribution ("APC") and Initial Spectrum Fee ("ISF") dues and required PTA to submit an installment plan for this purpose after consultations with the operators. In respect of an appeal filed by the Company, IHC took notice of the Ministry's letter and directed PTA through its order dated January 20, 2015, to expeditiously proceed with the preparation and submission of the said installment plan. As of this date, no such installment plan has been submitted by PTA. PTA has withdrawn the frequencies 3.5 GHz, 479 MHz, 450 MHz, and 1900 MHz. PTA in haste and unilaterally has withdrawn 3.5 GHz and 479 MHz frequencies which have already been paid in full till 2024. Through said decision PTA has also withdrawn 1900 MHz frequency spectrum which was already withdrawn by PTA/FAB in 2015 (11th year) until which the spectrum is fully paid on the basis of actual period of usage by the Company, The WLL License provides for such eventuality that when frequency spectrum is withdrawn, the licensee is to be compensated for the balance life of the frequency spectrum, therefore, after withdrawal of spectrum, there is no outstanding amount to be paid related to 1900 MHz frequency spectrum. As a consequence of above, during last year the outstanding liability for 1900 MHz was reduced to zero on the basis that 1900 MHz frequency had been fully paid for until 2015 (11th year). Similarly, liability for 450MHz frequency spectrum was reduced on pro-rata after withdrawal. Owing to these circumstances, the management does not expect the liability to materialize fully in the near future.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	6 Months Ended
	Jun. 30, 2023
CONTINGENCIES AND COMMITMENTS
CONTINGENCIES AND COMMITMENTS	17. CONTINGENCIES AND COMMITMENTS There is no significant change in the status of contingencies and commitments from our Annual Report on Form 10-K/A for the year ended December 31, 2022, filed with the SEC on September 20, 2023.

NET REVENUE

NET REVENUE	6 Months Ended
	Jun. 30, 2023
NET REVENUE
NET REVENUE	18. NET REVENUE Six Months Ended June 30, 2023 2022 Telecom services $ 4,470,428 $ 2,835,748 Broadband services 558,844 2,804,457 Other services 22,040 80,185 Gross Revenue 5,321,311 5,720,389 Less: Discounts (1,027 ) (2,819 ) Less: Sales tax (34,247 ) (72,690 ) Total Revenue $ 5,286,038 $ 5,644,880 Introduction The Company accounts for revenue in accordance with ASC 606, Revenue from Contracts with Customers. All revenue is recognized as our performance obligations are satisfied. A performance obligation is a promise in a contract to transfer a distinct good or service to a customer and is the unit of account under ASC 606. Most of our current contracts with customers contain a single performance obligation. For contracts where we provide multiple services, such as where we perform multiple ancillary services, each service represents its own performance obligation. The standalone selling prices are based on the contractual price for the service. Our contracts generally include standard commercial payment terms. We have no significant obligations for refunds, warranties or similar obligations and our revenue includes sales taxes collected from our customers. Disaggregation of Revenue from Contracts with Customers We derive revenue from six primary sources: (1) International Termination Services, (2) Indefeasible Right of Use (IRU), (3) Cable TV and Internet Services, (4) Metro Fiber Solutions, (5) Capacity Sale Services and (6) Advertisement Services. The following table represents a disaggregation of revenue for the six months ended June 30, 2023 and 2022: Six Months Ended J une 30, 2023 2022 Telecom Services: International termination services 4,740,428 2,835,748 $ 4,740,428 $ 2,835,748 Broadband Services: IRU services - 2,076,465 Cable TV and internet services 269,010 385,511 Metro fibre solutions 198,218 228,970 Capacity sale services 91,416 108,422 Advertisement services - 5,088 $ 558,644 $ 2,804,456 International termination services: This service represents the international inbound traffic terminated in Pakistan via Company’s network to the local mobile network operators such as Mobilink, Zong, Telenor and Ufone etc. Revenue from terminating minutes is recognized at the time the call is made over the network of the Company. Revenue from terminating minutes is recognized at the time the call is made over the network of the Company. There is a postpaid billing invoicing cycle for such services. Indefeasible Right of Use (IRU) services: It is a distinct performance obligation whereby the Company enters into a contractual agreement to grant Indefeasible Right of Use (IRU) of dark fiber up to 20 years or more. Revenue from IRU services is recognized at point in time, when the asset is transferred, and a customer obtains control over it. Cable TV and internet services: Cable television is a video delivery service provided by the Company to retail and commercial subscribers via a coaxial cable and fiber optics, whereas Internet service is the delivery of data service provided by the Company to the subscribers via a coaxial cable and fiber optics. The Company is providing Fiber to the Home (“FTTH”) services which is not a distinct performance obligation, but rather a component of a connectivity services. The Company charges connection and membership fee at the time of setting up of connection. Subscription revenue from Cable TV, internet over cable, cable connectivity and channels subscription fee is recognized on provision of services. Connection and membership fee is recognized as revenue when future services are provided. Such fee is paid by the customer at the time of the sale of the connection, and it entitles the customer to access the cable TV and internet services provided by the company. The Company follows an advance billing invoicing cycle for such services. Metro fiber solutions: This revenue stream represents point to point (P2P) connectivity, the latest Dark Fiber internet technology to its high-end large scale multinational companies, IT companies and leading educational institutions in major cities of Pakistan. Dark Fiber refers to fiber optic networks with no service or traffic running on the fiber strands. Unlike managed fiber services, Dark Fiber gives the maximum level of control to businesses, allowing them to use their preferred protocol and manage and maintain their own equipment. Dark Fiber has the capability to offer near limitless capacity, as well as providing the assurance of dedicated connectivity. It can be termed as a fiber corridor offering Committed information rate (CIR), fiber and data services, making it an excellent choice for organizations who require a dedicated, high capacity, secure service. Revenue from metro fiber solutions is recognized at point in time, when the asset is transferred, and a customer obtains control over it. Capacity sale services: These are the services arrangements whereby the Company enters into a contractual agreement to provide a portion of the capacity of fiber, wherein the rights are given to the customers for a longer period i.e., 20 years or more. Revenue from capacity sale services is recognized at point in time, when the asset is transferred, and a customer obtains control over it. Advertisement services: This revenue relates to the commercials of the different businesses, which are aired on the Company’s cable TV network. The Company offers advertisement to corporate, SME and retail customers on its in-house entertainment channels. There is vast range of advertising packages tailor-made and customized according to specific client requirements at high economical rates. Clients can opt for multiple modes of advertising like: Multiple Scroll, Multiple Logo, L-Shape, Time-checks, TVC, Documentary and Channel Branding. Advertisement income is recognized based on spots run when commercials are aired on the network. The Company follows a postpaid billing invoicing cycle for such services. Deferred revenue was $9,351 as on June 30, 2023, and $34,442 as on December 31, 2022.

DIRECT OPERATING COSTS

DIRECT OPERATING COSTS	6 Months Ended
	Jun. 30, 2023
DIRECT OPERATING COSTS
DIRECT OPERATING COSTS	19. DIRECT OPERATING COSTS Six Months Ended June 30, Three Months Ended June 30, 2023 2022 2023 2022 Interconnect, settlement and other charges $ 4,023,136 $ 1,962,965 $ 2,286,965 $ 957,679 Salaries, wages and benefits 244,591 346,937 117,895 162,939 Bandwidth and other PTCL charges 123,677 85,597 62,644 31,960 Power consumption and rent 105,798 194,787 55,892 52,985 Network maintenance and insurance 45,767 6,314 36,604 (32,931 ) PTA fees 23,556 30,810 9,232 12,881 Cable license fee 26,054 69,164 16,195 40,154 Annual spectrum fee 32,440 47,932 16,123 107 Stores and spares consumed - 59,117 - 59,117 Metro fiber cost - 103,611 - 48,381 Fees and subscriptions - 110,386 (29,370 ) 75,625 Content cost 2,911 89,714 1,815 84,129 Security services 3,214 3,801 1,598 2,140 Others 150,533 299,818 67,876 102,569 $ 4,781,677 $ 3,410,953 $ 2,642,855 $ 1,597,735

FINANCE COST

FINANCE COST	6 Months Ended
	Jun. 30, 2023
FINANCE COST
FINANCE COST	20. FINANCE COST Six Months Ended June 30, 2023 2022 Unwinding of discount on liabilities $ 109,335 $ 472,477 Interest on term finance certificates 457,798 344,616 Interest on long term loan 257,877 45,392 Interest on short term borrowings 12,988 607,975 Finance charges on lease liabilities 59,650 86,428 Bank charges and commission 11,826 17,721 $ 909,474 $ 1,574,609

TAXATION

TAXATION	6 Months Ended
	Jun. 30, 2023
TAXATION
TAXATION	21. TAXATION The provision (benefit) for income taxes for the six months ended June 30, 2023 and 2022 consisted of the following: Six Months Ended June 30, 2023 2022 Current provision For the period $ 80,732 $ 68,873 Prior periods - - Total current provision 80,732 68,873 Deferred provision - - Total provision $ 80,732 $ 68,873 The provision for current taxation represents minimum / final tax under the provisions of the Income Tax Ordinance, 2001 (ITO), as applicable in Pakistan. Six Months Ended June 30, 2023 2022 Current provision Federal $ - $ - State - - Foreign 80,732 68,873 Total current provision 80,732 68,873 Deferred Federal - - State - - Foreign - - Total provision $ 80,732 $ 68,873 The components of the Company’s deferred income taxes as of June 30, 2023 and December 31, 2022 are as follows: June 30, 2023 December 31, 2022 ( Unaudited) Asset for deferred taxation comprising temporary differences related to: Unused tax losses $ 9,051,445 $ 19,169,614 Provision for doubtful debts 3,135,472 4,878,530 Post employment benefits 222,605 314,490 Provision for stores and spares & stock-in-trade 4,086 6,565 Provision for doubtful advances and other receivables 289,161 464,426 12,702,769 24,833,625 Liability for deferred taxation comprising temporary differences on other liabilities (4,445,572 ) (10,380,642 ) Exchange translation adjustment - (3,387,811 ) Deferred tax asset $ 8,257,196 $ 11,065,173 Deferred tax asset on tax losses available for carry forward has been recognized to the extent that the realization of related tax benefit is probable from reversal of existing taxable temporary differences and future taxable profit. These unused tax losses mainly represent allowable depreciation expenses for indefinite period. However, there are no such tax benefits which remain unrecognized into the financial statements and tax related contingencies have been adequately disclosed in note 17 of these financial statements. Management's assertion of future taxable profit is mainly based on income due to write back of liabilities and business plan to initiate fiber to home services with monetary support from the majority shareholder.

RELATED PARTIES

RELATED PARTIES	6 Months Ended
	Jun. 30, 2023
RELATED PARTIES
RELATED PARTIES	22. RELATED PARTIES Related parties comprise the parent Company, associated companies / undertakings, directors of the Company and their close relatives and key management personnel of the Company. The Company in the normal course of business carries out transactions with various related parties. Credit terms with related parties are more than normal business arrangements. Amounts due from and due to related parties are shown under respective notes to these financial statements. Six Months Ended June 30, Three Months Ended June 30, 2023 2022 2023 2022 Worldcall Business Solutions (Private) Limited Expenses borne on behalf of associate $ 24,605 $ 30,597 $ 14,411 $ 15,956 Worldcall Business Solutions (Private) Limited Interest charges $ 54,313 $ 26,011 $ 42,557 $ 12,634 Worldcall Cable (Private) Limited Interest charges $ 1,278 $ 683 $ 507 $ 358 ACME Telecom (Private) Limited Interest charges $ 18 $ 10 $ 18 $ 4 Worldcall Ride Hail (Private) Limited Interest charges $ 10 $ 5 $ 2 $ - Key management personnel Advances against expenses disbursed (adjusted) - net $ 11,109 $ (5,774 ) $ (38,558 ) $ (68,351 ) June 30, 2023 December 31, 2022 ( Unaudited) Worldcall Business Solutions (Private) Limited Other receivable $ 445,866 $ 474,774 Worldcall Cable (Private) Limited Other receivable $ 10,246 $ 11,516 AMB Management Consultants (Pvt.) Ltd Short term loan $ (208,200 ) $ (263,479 ) ACME Telecom (Private) Limited Other receivable $ 145 $ 163 Worldcall Ride Hail (Private) Limited Other receivable $ 79 $ 95 As on June 30, 2023 and December 31, 2022, outstanding balance from key management personnel was approximately $582,968 and $759,017, respectively against miscellaneous expenses including salaries and other employee benefits etc. The Company owes approximately $0.55 million and $0.94 million interest free loan to its director as on June 30, 2023 and December 31, 2022, respectively, which is repayable at discretion of the Company.

PREFERRED SHARES

PREFERRED SHARES	6 Months Ended
	Jun. 30, 2023
PREFERRED SHARES
PREFERRED Shares	23. PREFERRED SHARES During the six months ended June 30, 2023, the Company acquired the remaining convertible preference shares (“CPS”) of WorldCall Telecom Limited of 52,500 from Oman Telecommunication Company, previously held under a lockup agreement, and then sold CPS of WorldCall Telecom Limited of 22,500 to a third party. The CPS shares owned by the Company have been eliminated in consolidation and the transaction resulting from the sale of 22,500 CPS to a third party has been recorded as non-controlling interest in the consolidated statement of shareholders’ equity.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	24. SUBSEQUENT EVENTS On August 09, 2023, 13,000 of Worldcall Telecom Limited’s CPS owned by a third party were converted into 679,126,319 common shares and 3,000 of Worldcall Telecom Limited’s CPS owned by the Group were converted into 156,721,458 common shares. The Group evaluated subsequent events and transactions that occurred after the balance sheet date up to September 18, 2023, the date that the consolidated financial statements were issued. Based upon this review, the Company did not identify any subsequent events other than the above that would have required adjustment or disclosure in the consolidated financial statements.

BASIS OF PREPARATION OF CONSO_2

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Policies)	6 Months Ended
	Jun. 30, 2023
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
Basis of Consolidation	Basis of Consolidation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for financial information and with the instructions to Form 10-Q. They do not include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the consolidated financial statements for the fiscal year ended December 31, 2022, included in the Company’s year-end financial statements on Form 10-K/A filed with the Securities and Exchange Commission on September 20, 2023. Certain amounts in the consolidated financial statements for the prior year have been reclassified to conform to the current year’s presentation. These reclassifications had no impact on net earnings, financial position, or cash flows. The unaudited consolidated financial statements should be read in conjunction with those consolidated financial statements included in the Form 10-K/A. In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the three and six-months ended June 30, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023.
Going Concern	Going Concern –
Cash and Cash Equivalents	For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.
Revenue Recognition	Revenue Recognition We derive revenue from six primary sources: (1) International Termination Services, (2) Indefeasible Right of Use (IRU) Services, (3) Cable TV and Internet Services, (4) Metro Fiber Solutions, (5) Capacity Sale Services, and (6) Advertisement Services. All our revenue arrangements are based on contracts with customers. Most of our contracts with customers contain single performance obligations, although certain contracts do contain multiple performance obligations where we perform more than one service for the same customer. We account for individual performance obligations separately if they are distinct within the context of the contract. For contracts where we provide multiple services such as where we perform multiple ancillary services, each service represents its own performance obligation. Selling or transaction prices are based on the contractual prices for each service at its stand-alone selling price. We act as the principal in all revenue transactions. A five-step approach is applied in the recognition of revenue under ASC 606: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when we satisfy a performance obligation. Payment of invoices is due as specified in the underlying customer agreement, typically advance payments to 30 days from the invoice date, which occurs on the date of transfer of control of the services to the customer. Since payment terms are less than a year, we have elected the practical expedient and do not assess whether a customer contract has a significant financing component. The Company’s revenue arrangements generally do not include a general right of refund for services provide.
Direct operating cost	Direct Operating Costs —
Other Operating Costs	Other Operating Costs —
Business Combinations Third Party	Business Combinations – Third Party
Business Combinations Common Control	Business Combinations – Common Control The Plan and Agreement of Reorganization (as disclosed in note 1) has been accounted for as a reverse acquisition where EBI is a legal acquirer (the accounting acquiree) and WHI; is a legal acquiree (the accounting acquirer). The fair value of WHI’s net assets was reliably measured using trading price of WTL Stock, which was $0.012 as on the date of reorganization i.e., December 31, 2021. In accordance with ASC 805-40, the fair value of the consideration effectively transferred has been calculated using the number of WHI’s shares that would have been issued to the shareholders of EBI on the acquisition date to give EBI’s shareholders an equivalent ownership interest in WHI as it has in the Company (WHI would had to issue 35,294 shares to EBI’s shareholders). Consideration effectively transferred has been computed to be approximately $423.53 (35,294 shares multiplied by the fair value of WHI’s shares of $0.012) against the assumed fair value of EBI’s net assets amounting to $419,181. Cash $ 1,193 Non-current assets (incl. tangible and intangible assets) 458,287 Current liabilities (incl. trade and other payables) (40,299 ) $ 419,181 The Company determined the fair value of the EBI’s assets acquired and liabilities assumed, as well as the valuation of the WHI’s shares to be issued to compute effective consideration. The Company used generally accepted valuation techniques and methodologies to arrive at the fair values disclosed above i.e., discounted cash flow and replacement cost method. As per Guidance ASC 805-40-45-1, ASC 805-40-30-2, ASC 805-40-55-8 through ASC 805-40-55-10: CR. Common stock $ 11,730 CR. Bargain Purchase Gain $ 407,451 DR. Net Assets of EBI $ 419,181 $ 419,181 $ 419,181 This transaction resulted in a bargain purchase gain due to several factors including eventual listing of shares of common stock of the Company on NASDAQ in accordance with the applicable laws and regulations.
Income Taxes	Income Taxes
Fair Value Measurements	Fair Value Measurements Level 1 – inputs are based upon unadjusted quoted prices for identical instruments in active markets. Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. These financial instruments are subject to fair value adjustments only in certain circumstances and include cash, restricted cash, accounts receivable, accounts payable and accrued expenses, borrowings under term loans and line of credit, and other payables. Due to the short-term nature of these financial instruments and that the borrowings bear interest at prevailing market rates, the carrying value approximates the fair value.
Accounts Receivable - net	Accounts Receivable - net
Property, Plant, and Equipment	Property, Plant, and Equipment Depreciation on owned assets is charged to the statement of profit or loss account on the straight-line method to write off the cost or revalued amount of an asset over its estimated useful life. Depreciation on additions is charged from the month in which the assets are available for use while no depreciation is charged in the month in which the assets are disposed of. The depreciation method, residual value, and useful lives of assets are reviewed at least at each financial year end and adjusted if the impact on depreciation is significant. An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount. The gain or loss on disposal of an asset represented by the difference between the sale proceeds and the carrying amount of the asset is recognized as an income or expense.
Loans and advances	Loans and advances — Advances to vendors are provided for provision of goods and services and they are secured either by a security deposit or a legally enforceable right to recover. Loans and advances are carried at fair value through profit or loss and are initially recognized at fair value and transaction costs are expensed in the statement of profit or loss account. The fair value is determined using inputs observable in the market, which are classified as level 2 in the fair value hierarchy. They are considered a non-recurring fair value measurement and are measured at fair value. The fair value measurement considers market interest rates and the creditworthiness of the borrowers or other parties.
Long term loans and other assets	Long term loans and other assets These assets are carried at fair value through profit or loss and are initially recognized at fair value and transaction costs are expensed in the statement of profit or loss account. The fair value is determined using inputs observable in the market, which are classified as level 2 in the fair value hierarchy. They are considered a non-recurring fair value measurement and are measured at fair value on a recurring basis. The fair value measurement considers market interest rates and the creditworthiness of the borrowers or other parties.
Intangible Assets	Intangible Assets
Evaluation of Long-Lived Assets	Evaluation of Long-Lived Assets — There was no impairment of internal-use software costs, intangible assets or property and equipment during the six months ended June 30, 2023 and 2022.
Leases	Leases — ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term.
Earnings Per Share	Earnings Per Share The company presents both basic and diluted EPS on the face of the income statement. The company also provides a reconciliation of the numerator and denominator used in the EPS calculations in the footnotes to the financial statements, in case of any change occurred during the year. Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding, adjusted for the effects of all dilutive potential ordinary shares.
Foreign Currency Translation	Foreign Currency Translation
Restatement of Prior Balances	Restatement of Prior Balances The below adjustments resulted in the restatement of the consolidated financial statements as of June 30, 2023. There were no restatements to the consolidated statement of operations, cash flows, or comprehensive income for the three and six months ended June 30, 2023 and 2022. As Presented Adjustment/ As Restated June 30, 2023 Reclassification June 30, 2023 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (33,915,953 ) $ (338,185 ) $ (34,254,138 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (35,605,458 ) $ (338,192 ) $ (35,943,650 ) Non-controlling interest (a) (b) $ 52,615,771 $ 338,192 $ 52,953,962 The restatements/reclassifications relating to the financial statements as of December 31, 2022 are as follows: As Presented December 31, 2022 Adjustment/ Reclassification As Restated December 31, 2022 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (34,741,377 ) $ (338,185 ) $ (35,079,562 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (31,433,038 ) $ (338,192 ) $ (31,771,230 ) Non-controlling interest (a) (b) $ 49,773,970 $ 338,192 $ 50,112,161 a) As a result of the restatement the value of common stock issued and outstanding as of January 1, 2021 was decreased by $7 due to a transposition error. b) As a result of the restatement as of December 31, 2021 and 2022 in the amended 10-K/A filed on September 20, 2023, accumulated deficit of $338,185 and non-controlling interest of $338,185 as of June 30, 2023 and December 31, 2022 have been restated accordingly as compared to the previous filed report on Form 10-Q for the three and six months ended June 30, 2023 filed on August 18, 2023. All these restatements are material to the Company’s consolidated financial statements. We have evaluated the materiality of the restatement in accordance with FASB guidance and SEC Staff Comments and determined that it requires appropriate disclosure and revision of these consolidated financial statements.
Use of Estimates	Use of Estimates
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments. The guidance in Accounting Standards Update (“ASU”) 2016-13 replaces the incurred loss impairment methodology under current GAAP. The new impairment model requires immediate recognition of estimated credit losses expected to occur for most financial assets and certain other instruments. It will apply to all entities. For trade receivables, loans, and held-to-maturity debt securities, entities will be required to estimate lifetime expected credit losses. This may result in the earlier recognition of credit losses. In November, the FASB issued ASU No. 2019-10, which delays this standard’s effective date for SEC smaller reporting companies to the fiscal years interim periods beginning on or after December 15, 2022. The Company adopted the new guidance January 1, 2023 and the adoption of this new guidance had no material impact of the consolidated financial statements. As per the new guidance accounts receivable are presented on the consolidated balance sheet net of an allowance for credit losses, which is established based on reviews of the accounts receivable aging, an assessment of the customer’s history and current creditworthiness, and the probability of collection. The Company routinely reviews its receivables and makes provisions for the credit losses utilizing the Current Expected Credit Losses model (“CECL”). The CECL model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses for loans and other receivables at the time the financial asset is originated or acquired. However, those provisions are estimates and actual results may materially differ from those estimates. Trade receivables are deemed uncollectible and are removed from accounts receivable and the allowance for credit losses when collection efforts have been exhausted. In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40). This ASU simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The amendments are not required to be implemented until after 2022 for public entities. The Company adopted this standard on January 1, 2023 and there was no impact on the consolidated financial statements as a result of the adoption of this standard. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The amendments in this update require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendments are effective for public business entities for fiscal years beginning after December 15, 2022. The Company adopted this update on January 1, 2023. The Company determined that this update did not have a significant impact on the consolidated financial statements.

BASIS OF PREPARATION OF CONSO_3

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Tables)	6 Months Ended
	Jun. 30, 2023
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
Schedule of assumed fair value of EBI's net assets	Cash $ 1,193 Non-current assets (incl. tangible and intangible assets) 458,287 Current liabilities (incl. trade and other payables) (40,299 ) $ 419,181
Schedule of consolidated statement of changes in equity	CR. Common stock $ 11,730 CR. Bargain Purchase Gain $ 407,451 DR. Net Assets of EBI $ 419,181 $ 419,181 $ 419,181
Schedule of restatements financial	As Presented Adjustment/ As Restated June 30, 2023 Reclassification June 30, 2023 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (33,915,953 ) $ (338,185 ) $ (34,254,138 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (35,605,458 ) $ (338,192 ) $ (35,943,650 ) Non-controlling interest (a) (b) $ 52,615,771 $ 338,192 $ 52,953,962 As Presented December 31, 2022 Adjustment/ Reclassification As Restated December 31, 2022 Balance Sheet Common stock (a) $ 13,983 $ (7 ) $ 13,976 Accumulated deficit (b) $ (34,741,377 ) $ (338,185 ) $ (35,079,562 ) Shareholders’ Equity Attributable to the Parent Company (a) (b) $ (31,433,038 ) $ (338,192 ) $ (31,771,230 ) Non-controlling interest (a) (b) $ 49,773,970 $ 338,192 $ 50,112,161

ACQUISITIONS (RESTATED) (Tables

ACQUISITIONS (RESTATED) (Tables)	6 Months Ended
	Jun. 30, 2023
ACQUISITIONS
Schedule of Acquisition	Ferret WSL Date of acquisition(s) 30-Nov-2021 30-Nov-2021 Property and equipment - 30,983 Long term loans 16,576,630 2,987,911 Long term investments 5,849,298 5,197,957 Receivable from associates - 7,216,311 Trade and other receivables 59,581 411,002 Short term investment 4,875,764 10,679 Cash and bank balances 375,600 20,753 Total assets 27,736,873 15,875,596 Long term loans - (6,163,627 ) Loan from directors - (1,873,446 ) long term payables (1,613,556 ) (4,814,974 ) Short term borrowings (47,993 ) (2,113,637 ) Accrued interest (84,972 ) (1,897,713 ) Trade and other payables (1,348 ) (15,787 ) Provision for taxation - (9,645 ) Total liabilities (1,747,869 ) (16,888,829 ) Net assets $ 25,989,004 $ (1,013,233 )

CASH AND BANK (Tables)

CASH AND BANK (Tables)	6 Months Ended
	Jun. 30, 2023
CASH AND BANK
Schedule of cash and bank	June 30, 2023 December 31, 2022 (Unaudited) Cash at bank Current accounts $ 603,714 $ 182,270 Savings accounts 16,438 112,438 620,152 294,708 Cash in hand 130,325 461,323 Pay orders in hand - 200 $ 750,478 $ 756,231

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	6 Months Ended
	Jun. 30, 2023
RESTRICTED CASH
Schedule of restricted cash	June 30, 2023 December 31, 2022 (Unaudited) Deposit in escrow account $ 1,867,962 $ 2,061,124 Margin and other deposits 244,532 303,217 $ 2,112,494 $ 2,364,341

ACCOUNTS RECEIVABLE NET (Tables

ACCOUNTS RECEIVABLE NET (Tables)	6 Months Ended
	Jun. 30, 2023
ACCOUNTS RECEIVABLE NET
Schedule of accounts receivable	June 30, 2023 December 31, 2022 (Unaudited) Considered good - unsecured $ 4,649,036 $ 3,302,580 Considered doubtful - unsecured 2,174,759 2,174,759 6,823,795 5,477,339 Less: Provision for expected credit loss (2,174,759 ) (2,174,759 ) $ 4,649,036 $ 3,302,580

PROPERTY PLANT AND EQUIPMENT (T

PROPERTY PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2023
PROPERTY PLANT AND EQUIPMENT
Schedule of operating assets	June 30, 2023 December 31, 2022 (Unaudited) Operating fixed assets $ 17,856,026 $ 23,658,654 Capital work-in-progress 56,827 56,879 $ 17,912,852 $ 23,715,533 Operating fixed assets Building on freehold land $ 435,829 $ 429,705 Freehold land 181,169 225,729 Leasehold improvements 850,104 806,713 Plant and equipment 36,152,665 36,335,401 Office equipment 470,521 458,815 Vehicles 137,127 135,200 Computers 803,834 785,610 Furniture and fixtures 155,620 149,969 Laboratory and other equipment 96,037 94,687 39,282,906 39,421,829 Less: Accumulated depreciation (21,426,880 ) (15,763,175 ) $ 17,856,026 $ 23,658,654
Schedule of Details of additions	Detail of additions June 30, 2023 Leasehold improvements $ 7,011 Plant and equipment 7,844 Office equipment 878 Furniture and fixtures 954 Computers 387 $ 17,074

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2023
LEASES
Schedule of breakdown of opreating lease expenses	Six Months Ended June 30, 2023 2022 Operating lease cost $ 158,802 $ 224,662 Short term lease cost 10,136 14,340 $ 168,938 $ 239,003
Schedule of Supplemental balance sheet information related to leases	June 30, 2023 December 31, 2022 (Unaudited) Operating leases Operating lease ROU assets, net $ 488,101 $ 707,991 Current operating lease liabilities 195,695 418,607 Non-Current operating lease liabilities 675,646 955,681 $ 871,341 $ 1,374,288 Operating leases ROU Assets 707,991 1,346,359 Asset lease expense (99,151 ) (318,297 ) Foreign exchange loss (120,740 ) (320,071 ) ROU Assets - net $ 488,101 $ 707,991 Weighted average remaining lease term (in years): Operating leases 7.68 6.34 Weighted average discount rate: Operating leases 13.35 % 13.35 %
Schedule of Supplemental cash flow and other information related to leases	Six Months Ended June, 30 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 62,337 $ 146,668 ROU assets obtained in exchange for lease liabilities: Operating leases, net of impairment and terminations $ - $ -
Schedule of maturities of lease liabilities	Operating leases - Years Ending December 31, 2023 (six months) $ 69,295 2024 144,223 2025 156,727 2026 169,661 2027 174,244 Thereafter 620,521 Total lease payments $ 1,334,671 Less: imputed interest $ (463,330 ) Total lease obligations $ 871,341 Less: current obligations $ 195,695 Long-term lease obligations $ 675,646

INTANGIBLE ASSETS NET (Tables)

INTANGIBLE ASSETS NET (Tables)	6 Months Ended
	Jun. 30, 2023
INTANGIBLE ASSETS NET
Schedule of Intangible assets	June 30, 2023 December 31, 2022 (Unaudited) Licenses $ 4,636,199 $ 4,636,199 Patents and copyrights 23,839 23,504 IRU - media cost 19,478,961 23,689,827 Software 50,422 49,714 24,189,421 28,399,244 Less: Accumulated amortization - net (11,941,656 ) (12,912,555 ) $ 12,247,765 $ 15,486,688
Schedule of future amortization expense	Year ending December 31, 2023 (six months) $ 395,591 2024 791,182 2025 791,182 2026 791,182 2026 791,182 Thereafter 8,687,445 $ 12,247,765

TRADE AND OTHER PAYABLES (Table

TRADE AND OTHER PAYABLES (Tables)	6 Months Ended
	Jun. 30, 2023
TRADE AND OTHER PAYABLES
Schedule of Accounts payable and Accrued Expenses	June 30, 2023 December 31, 2022 (Unaudited) Trade creditors $ 10,499,392 $ 11,634,923 Accrued and other liabilities 4,558,347 4,961,552 Payable to PTA against APC charges 6,151,829 7,784,002 Payable against long term investment 153,257 193,918 Contract liabilities 2,862,341 2,541,600 Withholding taxes payable 258,944 297,868 Sales tax payable 309,794 458,515 Security deposits 122,382 154,852 $ 24,916,288 $ 28,027,230

CURRENT PORTION OF NONCURRENT_2

CURRENT PORTION OF NONCURRENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2023
CURRENT PORTION OF NONCURRENT LIABILITIES
Schedule of current portion of noncurrent liabilities	June 30, 2023 December 31, 2022 (Unaudited) Term finance certificates $ 2,336,071 $ 2,463,732 Mark-up payable on TFCs 1,349,990 1,422,080 Long term financing 340,257 962,825 Lease liabilities 195,695 418,608 $ 4,222,013 $ 5,267,245

ACCRUED INTEREST (Tables)

ACCRUED INTEREST (Tables)	6 Months Ended
	Jun. 30, 2023
ACCRUED INTEREST
Schedule of accrued interest	June 30, 2023 December 31, 2022 (Unaudited) Short term borrowings $ 199,512 $ 219,329 Term finance certificates 1,800,875 1,760,140 Long term financing - 62,284 $ 2,000,387 $ 2,041,753

SHORT TERM BORROWINGS (Tables)

SHORT TERM BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2023
SHORT TERM BORROWINGS
Schedule of line of credit facility	June 30, 2023 December 31, 2022 (Unaudited) Line of credit facility -commercial banks $ 159,611 $ 202,541 Line of credit facility - others 1,056,502 1,329,177 $ 1,216,113 $ 1,531,718
Schedule of interest free loans from different parties	June 30, 2023 December 31, 2022 (Unaudited) Loan from other parties $ 89,502 $ 96,108 Loan from related party 208,200 263,479 Loan from Elahi Group of Companies 758,801 969,590 $ 1,056,502 $ 1,329,177
Schedule of loan from other parties	June 30, 2023 December 31, 2022 (Unaudited) HTS Tel Communication $ 68,747 $ 68,747 TLT Communication 20,755 3,973 Wisdom Information Technology Solution - 23,388 $ 89,502 $ 96,108

TERM FINANCE CERTIFICATES (TF_2

TERM FINANCE CERTIFICATES (TFCs) (Tables)	6 Months Ended
	Jun. 30, 2023
TERM FINANCE CERTIFICATES (TFCs)
Summary of term finance certificate	June 30, 2023 December 31, 2022 (Unaudited) Opening balance $ 7,458,750 $ 7,847,937 Repayments - (389,187 ) 7,458,750 7,458,750 Current portion (2,144,511 ) (2,463,737 ) 5,314,240 4,995,013 Add: Deferred markup 952,619 1,421,704 Exchange adjustment (3,625,943 ) (2,373,910 ) Closing balance $ 2,640,916 $ 4,042,807

LONG TERM FINANCING SECURED (Ta

LONG TERM FINANCING SECURED (Tables)	6 Months Ended
	Jun. 30, 2023
LONG TERM FINANCING SECURED
Schedule of long term financing	June 30, 2023 December 31, 2022 (Unaudited) Bank Islami Limited 302,292 $ 400,847 Allied Bank Limited 182,456 288,073 Askari Bank Limited 1,044,908 687,285 $ 1,529,656 $ 1,376,205

LINCENSE FEE PAYABLE (Tables)

LINCENSE FEE PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2023
LINCENSE FEE PAYABLE
Schedule of lincense fee payable	June 30, 2023 December 31, 2022 (Unaudited) License fee payable $ 158,527 $ 200,586 $ 158,527 $ 200,586

NET REVENUE (Tables)

NET REVENUE (Tables)	6 Months Ended
	Jun. 30, 2023
NET REVENUE
Schedule of revenue	Six Months Ended June 30, 2023 2022 Telecom services $ 4,470,428 $ 2,835,748 Broadband services 558,844 2,804,457 Other services 22,040 80,185 Gross Revenue 5,321,311 5,720,389 Less: Discounts (1,027 ) (2,819 ) Less: Sales tax (34,247 ) (72,690 ) Total Revenue $ 5,286,038 $ 5,644,880
Schedule of disaggregation of revenue	Six Months Ended J une 30, 2023 2022 Telecom Services: International termination services 4,740,428 2,835,748 $ 4,740,428 $ 2,835,748 Broadband Services: IRU services - 2,076,465 Cable TV and internet services 269,010 385,511 Metro fibre solutions 198,218 228,970 Capacity sale services 91,416 108,422 Advertisement services - 5,088 $ 558,644 $ 2,804,456

DIRECT OPERATING COSTS (Tables)

DIRECT OPERATING COSTS (Tables)	6 Months Ended
	Jun. 30, 2023
DIRECT OPERATING COSTS
Schedule of direct operating costs	Six Months Ended June 30, Three Months Ended June 30, 2023 2022 2023 2022 Interconnect, settlement and other charges $ 4,023,136 $ 1,962,965 $ 2,286,965 $ 957,679 Salaries, wages and benefits 244,591 346,937 117,895 162,939 Bandwidth and other PTCL charges 123,677 85,597 62,644 31,960 Power consumption and rent 105,798 194,787 55,892 52,985 Network maintenance and insurance 45,767 6,314 36,604 (32,931 ) PTA fees 23,556 30,810 9,232 12,881 Cable license fee 26,054 69,164 16,195 40,154 Annual spectrum fee 32,440 47,932 16,123 107 Stores and spares consumed - 59,117 - 59,117 Metro fiber cost - 103,611 - 48,381 Fees and subscriptions - 110,386 (29,370 ) 75,625 Content cost 2,911 89,714 1,815 84,129 Security services 3,214 3,801 1,598 2,140 Others 150,533 299,818 67,876 102,569 $ 4,781,677 $ 3,410,953 $ 2,642,855 $ 1,597,735

FINANCE COST (Tables)

FINANCE COST (Tables)	6 Months Ended
	Jun. 30, 2023
FINANCE COST
Schedule of finance cost	Six Months Ended June 30, 2023 2022 Unwinding of discount on liabilities $ 109,335 $ 472,477 Interest on term finance certificates 457,798 344,616 Interest on long term loan 257,877 45,392 Interest on short term borrowings 12,988 607,975 Finance charges on lease liabilities 59,650 86,428 Bank charges and commission 11,826 17,721 $ 909,474 $ 1,574,609

TAXATION (Tables)

TAXATION (Tables)	6 Months Ended
	Jun. 30, 2023
TAXATION
Schedule of income tax provision	Six Months Ended June 30, 2023 2022 Current provision For the period $ 80,732 $ 68,873 Prior periods - - Total current provision 80,732 68,873 Deferred provision - - Total provision $ 80,732 $ 68,873
Schedule of provision for current taxation	Six Months Ended June 30, 2023 2022 Current provision Federal $ - $ - State - - Foreign 80,732 68,873 Total current provision 80,732 68,873 Deferred Federal - - State - - Foreign - - Total provision $ 80,732 $ 68,873
Schedule of deferred income taxes	June 30, 2023 December 31, 2022 ( Unaudited) Asset for deferred taxation comprising temporary differences related to: Unused tax losses $ 9,051,445 $ 19,169,614 Provision for doubtful debts 3,135,472 4,878,530 Post employment benefits 222,605 314,490 Provision for stores and spares & stock-in-trade 4,086 6,565 Provision for doubtful advances and other receivables 289,161 464,426 12,702,769 24,833,625 Liability for deferred taxation comprising temporary differences on other liabilities (4,445,572 ) (10,380,642 ) Exchange translation adjustment - (3,387,811 ) Deferred tax asset $ 8,257,196 $ 11,065,173

RELATED PARTIES (Tables)

RELATED PARTIES (Tables)	6 Months Ended
	Jun. 30, 2023
RELATED PARTIES
Schedule of related parties	Six Months Ended June 30, Three Months Ended June 30, 2023 2022 2023 2022 Worldcall Business Solutions (Private) Limited Expenses borne on behalf of associate $ 24,605 $ 30,597 $ 14,411 $ 15,956 Worldcall Business Solutions (Private) Limited Interest charges $ 54,313 $ 26,011 $ 42,557 $ 12,634 Worldcall Cable (Private) Limited Interest charges $ 1,278 $ 683 $ 507 $ 358 ACME Telecom (Private) Limited Interest charges $ 18 $ 10 $ 18 $ 4 Worldcall Ride Hail (Private) Limited Interest charges $ 10 $ 5 $ 2 $ - Key management personnel Advances against expenses disbursed (adjusted) - net $ 11,109 $ (5,774 ) $ (38,558 ) $ (68,351 ) June 30, 2023 December 31, 2022 ( Unaudited) Worldcall Business Solutions (Private) Limited Other receivable $ 445,866 $ 474,774 Worldcall Cable (Private) Limited Other receivable $ 10,246 $ 11,516 AMB Management Consultants (Pvt.) Ltd Short term loan $ (208,200 ) $ (263,479 ) ACME Telecom (Private) Limited Other receivable $ 145 $ 163 Worldcall Ride Hail (Private) Limited Other receivable $ 79 $ 95

ORGANIZATION AND BUSINESS (Deta

ORGANIZATION AND BUSINESS (Details Narrative) - Worldcall Holding Inc. [Member]	Jun. 30, 2023 $ / shares shares
Assets, properties, business and goodwill exchanged into common stocks	117,299,473
Number of shares issued	117,299,473
Percentage of voting shares	85%
Issued price per share | $ / shares	$ 0.0001

BASIS OF PREPARATION OF CONSO_4

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Details) - WHI [Member]	Jun. 30, 2023 USD ($)
Cash	$ 1,193
Non-current assets (incl. tangible and intangible assets)	458,287
Current liabilities (incl. trade and other payables)	(40,299)
Total	$ 419,181

BASIS OF PREPARATION OF CONSO_5

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Details 1) - WHI [Member] - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Common stock		$ 11,730
Bargain Purchase Gain		407,451
Net Assets of EBI	$ 419,181
Total	$ 419,181	$ 419,181

BASIS OF PREPARATION OF CONSO_6

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Details 2) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Common stock (a)	$ 13,976	$ 13,976
Non-controlling interest (a) (b)	52,953,962	50,112,161
Accumulated deficit	(34,254,138)	(35,079,562)
Shareholders' Equity Attributable to the Parent Company (a) (b)	(35,943,650)	(31,771,230)
Common stock (a)	(13,976)	(13,976)
As Restated
Common stock (a)	13,976	13,976
Non-controlling interest (a) (b)	338,192	50,112,161
Accumulated deficit	(34,254,138)	(35,079,562)
Shareholders' Equity Attributable to the Parent Company (a) (b)	(35,943,650)	(31,771,230)
Common stock (a)	(13,976)	(13,976)
Adjustment/Reclassification
Common stock (a)	7	7
Non-controlling interest (a) (b)	52,953,962	338,192
Accumulated deficit	(338,185)	(338,185)
Shareholders' Equity Attributable to the Parent Company (a) (b)	(338,192)	(338,192)
Common stock (a)	(7)	(7)
As Presented
Common stock (a)	13,983	13,983
Non-controlling interest (a) (b)	52,615,771	49,773,970
Accumulated deficit	(33,915,953)	(34,741,377)
Shareholders' Equity Attributable to the Parent Company (a) (b)	(35,605,458)	(31,433,038)
Common stock (a)	$ (13,983)	$ (13,983)

BASIS OF PREPARATION OF CONSO_7

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS (Details Narrative)	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) shares	Jan. 01, 2021 USD ($)
USD/PKR exchange rates	287.10		287.10		226.90
Common stock value	$ 13,976		$ 13,976		$ 13,976
Accumulated deficit	(34,254,138)		(34,254,138)		(35,079,562)
Non controlling interest	52,953,962		52,953,962		$ 50,112,161
NET INCOME/(LOSS)	$ 479,107	$ (1,455,011)	$ (3,903,128)	$ (2,650,127)
Shares issued | shares	139,763,391		139,763,391		139,763,391
WHI [Member]
Shares issued | shares	35,294		35,294
Trading price share | $ / shares	$ 0.012		$ 0.012
Net assets	$ 419,181		$ 419,181
Restatement Member
Common stock value						$ 7
Accumulated deficit	338,185		338,185
Non controlling interest	338,185		338,185
Going Concern Matter [Member]
Accumulated deficit	33,920,000		33,920,000
NET INCOME/(LOSS)			3,900,000
Current liabilities exceed its current assets	$ 20,300,000		$ 20,300,000

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Long term investments	$ 153,257	$ 193,918
Trade and other receivables	1,343,933	1,178,698
Short term investment	116,918	171,529
Short term borrowings	(1,216,113)	$ (1,531,718)
30-Nov-2021 [Member] | Ferret [Member]
Property and equipment	0
Long term loans assets	16,576,630
Long term investments	5,849,298
Receivable from associates	0
Trade and other receivables	59,581
Short term investment	4,875,764
Cash and bank balances	375,600
Total assets acquired	27,736,873
Long term loans - liabilities	0
Loan from directors	0
long term payables	(1,613,556)
Short term borrowings	(47,993)
Accrued interest	(84,972)
Trade and Other Payables	(1,348)
Provision for taxation	0
Net liability assumed	(1,747,869)
Net assets acquired	(25,989,004)
30-Nov-2021 [Member] | WSL [Member]
Property and equipment	30,983
Long term loans assets	2,987,911
Long term investments	5,197,957
Receivable from associates	7,216,311
Trade and other receivables	411,002
Short term investment	10,679
Cash and bank balances	20,753
Total assets acquired	15,875,596
long term payables	(4,814,974)
Short term borrowings	(2,113,637)
Accrued interest	(1,897,713)
Trade and Other Payables	(15,787)
Provision for taxation	(9,645)
Net assets acquired	1,013,233
Long term loans - Liabilities	(6,163,627)
Loan from directors	(1,873,446)
Net liability assumed	$ (16,888,829)

ACQUISITIONS (Details Narrative

ACQUISITIONS (Details Narrative) - WHI [Member]	Nov. 30, 2021 shares
Shares issued	100,000
30-Nov-2021 [Member]
Shares issued	100,000

CASH AND BANK (Details)

CASH AND BANK (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Cash at bank	$ 750,478	$ 756,231
Total Cash at bank	620,152	294,708
Current Accounts [Member]
Cash at bank	603,714	182,270
Saving Accounts [Member]
Cash at bank	16,438	112,438
Cash In Hand [Member]
Cash at bank	130,325	461,323
Pay Order In Hand [Member]
Cash at bank	$ 0	$ 200

RESTRICTED CASH (Details)

RESTRICTED CASH (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
RESTRICTED CASH
Deposit in escrow account	$ 1,867,962	$ 2,061,124
Margin and other deposits	244,532	303,217
Restricted cash net	$ 2,112,494	$ 2,364,341

RESTRICTED CASH (Details Narrat

RESTRICTED CASH (Details Narrative)	6 Months Ended
	Jun. 30, 2023 USD ($)
Cort Of Law [Member]
Other deposits	$ 69,662

ACCOUNTS RECEIVABLE NET (Detail

ACCOUNTS RECEIVABLE NET (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
ACCOUNTS RECEIVABLE NET
Considered good - unsecured	$ 4,649,036	$ 3,302,580
Considered doubtful - unsecured	2,174,759	2,174,759
Accounts receivable, gross	6,823,795	5,477,339
Less: Provision for expected credit loss	(2,174,759)	(2,174,759)
Accounts receivable, net	$ 4,649,036	$ 3,302,580

ACCOUNTS RECEIVABLE NET (Deta_2

ACCOUNTS RECEIVABLE NET (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
ACCOUNTS RECEIVABLE NET
Provision for expected credit losss	$ 0	$ 741,603

PROPERTY PLANT AND EQUIPMENT (D

PROPERTY PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Operating fixed assets	$ 17,856,026	$ 23,658,654
Capital work-in-progress	56,827	56,879
Property and equipment, net	17,912,852	23,715,533
Operating Fixed assets ,gross	39,282,906	39,421,829
Less: Accumulated Depreciation	(21,426,880)	(15,763,175)
Operating Fixed assets ,net	17,856,026	23,658,654
Plant and equipment
Property, plant and equipment, gross	36,152,665	36,335,401
Building on freehold land
Property, plant and equipment, gross	435,829	429,705
Freehold land
Property, plant and equipment, gross	181,169	225,729
Leasehold improvements [Member]
Property, plant and equipment, gross	850,104	806,713
Office equipment
Property, plant and equipment, gross	470,521	458,815
Vehicles
Property, plant and equipment, gross	137,127	135,200
Computers
Property, plant and equipment, gross	803,834	785,610
Furniture and fixtures
Property, plant and equipment, gross	155,620	149,969
Laboratory and other equipment
Property, plant and equipment, gross	$ 96,037	$ 94,687

PROPERTY PLANT AND EQUIPMENT _2

PROPERTY PLANT AND EQUIPMENT (Details 1)	6 Months Ended
	Jun. 30, 2023 USD ($)
Property plant and equipment additions	$ 17,074
Leasehold improvements [Member]
Property plant and equipment additions	7,011
Office equipment
Property plant and equipment additions	878
Furniture and fixtures
Property plant and equipment additions	954
Plant And Equipment Member[Member]
Property plant and equipment additions	7,844
Computers [Member]
Property plant and equipment additions	$ 387

PROPERTY PLANT AND EQUIPMENT _3

PROPERTY PLANT AND EQUIPMENT (Details Narrative) - Operating Fixed Assets	6 Months Ended
	Jun. 30, 2023
Minimum
Useful Lives	5 years
Maximum
Useful Lives	20 years

LEASES (Details)

LEASES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
LEASES
Operating lease cost	$ 158,802	$ 224,662
Short term lease cost	10,136	14,340
Operating lease expense	$ 168,938	$ 239,003

LEASES (Details 1)

LEASES (Details 1) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Operating leases
Operating lease ROU assets, net	$ 488,101	$ 707,991
Current operating lease liabilities	195,695	418,607
Non-Current operating lease liabilities	675,646	955,681
Total operating leases	871,341	1,374,288
ROU Assets	707,991	1,346,359
Asset lease expense	(99,151)	(318,297)
Foreign exchange (gain) loss	(120,740)	(320,071)
ROU Assets - net	$ 488,101	$ 707,991
Weighted average remaining lease term Operating leases	7 years 8 months 4 days	6 years 4 months 2 days
Weighted average discount rate Operating leases	13.35%	13.35%

LEASES (Details 2)

LEASES (Details 2) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating cash flows from operating leases	$ 158,802	$ 224,662
Measurement Of Lease Liabilities [Member]
Operating cash flows from operating leases	62,337	146,668
Operating leases, net of impairment and terminations	$ 0	$ 0

LEASES (Details 3)

LEASES (Details 3)	Jun. 30, 2023 USD ($)
LEASES
2023	$ 69,295
2024	144,223
2025	156,727
2026	169,661
2027	174,244
Thereafter	620,521
Total lease payments	1,334,671
Less: Imputed interest	(463,330)
Total lease obligations	871,341
Less : current obligations	195,695
Long-term lease obligations	$ 675,646

INTANGIBLE ASSETS NET (Details)

INTANGIBLE ASSETS NET (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Intangible assets Gross	$ 24,189,421	$ 28,399,244
Less: Accumulated amortization - net	(11,941,656)	(12,912,555)
Intangible assets - net	12,247,765	15,486,688
Licenses [Member]
Intangible assets Gross	4,636,199	4,636,199
Patents and copyrights [Member]
Intangible assets Gross	23,839	23,504
IRU - media cost [Member]
Intangible assets Gross	19,478,961	23,689,827
Softwares [Member]
Intangible assets Gross	$ 50,422	$ 49,714

INTANGIBLE ASSETS NET (Details

INTANGIBLE ASSETS NET (Details 1) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
INTANGIBLE ASSETS NET
2023	$ 395,591
2024	791,182
2025	791,182
2026	791,182
2027	791,182
Thereafter	8,687,445
Total	$ 12,247,765	$ 15,486,688

INTANGIBLE ASSETS NET (Detail_2

INTANGIBLE ASSETS NET (Details Narrative) - Intangible Assets Net [Member]	6 Months Ended
	Jun. 30, 2023
Minimum
Useful life of intangible assets	5 years
Maximum
Useful life of intangible assets	20 years

TRADE AND OTHER PAYABLES (Detai

TRADE AND OTHER PAYABLES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
TRADE AND OTHER PAYABLES
Trade creditors	$ 10,499,392	$ 11,634,923
Accrued and other liabilities	4,558,347	4,961,552
Payable to PTA against APC charges	6,151,829	7,784,002
Payable against long term investment	153,257	193,918
Contract liabilities	2,862,341	2,541,600
Withholding taxes payable	258,944	297,868
Sales tax payable	309,794	458,515
Security deposits	122,382	154,852
Total trade and other payables	$ 24,916,288	$ 28,027,230

TRADE AND OTHER PAYABLES (Det_2

TRADE AND OTHER PAYABLES (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Trade creditors payable amount	$ 10,499,392	$ 11,634,923
Accrued and other liabilities	4,558,347	4,961,552
Trade And Other Payable [Member]
Annual radio spectrum fee	1,820,000	2,260,000
Trade creditors payable amount	2,020,000	2,540,000
Accrued and other liabilities	$ 80,000	$ 100,000

CURRENT PORTION OF NONCURRENT_3

CURRENT PORTION OF NONCURRENT LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
CURRENT PORTION OF NONCURRENT LIABILITIES
Term finance certificates	$ 2,336,071	$ 2,463,732
Mark-up payable on TFCs	1,349,990	1,422,080
Long terms financing	340,257	962,825
Lease liabilities	195,695	418,608
Current portion non current liabilities	$ 4,222,013	$ 5,267,245

ACCRUED INTEREST (Details)

ACCRUED INTEREST (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Short term borrowings	$ 1,216,113	$ 1,531,718
Accrued interest	2,000,387	2,041,753
Accrued Liabilities [Member]
Short term borrowings	199,512	219,329
Term finances certificates	1,800,875	1,760,140
Long term financing	0	62,284
Accrued interest	$ 2,000,387	$ 2,041,753

SHORT TERM BORROWINGS (Details)

SHORT TERM BORROWINGS (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Short term borrowings	$ 1,216,113	$ 1,531,718
Line of credit facility - others [Member]
Short term borrowings	1,056,502	1,329,177
Line of credit facility - commercial banks [member]
Short term borrowings	$ 159,611	$ 202,541

SHORT TERM BORROWINGS (Details

SHORT TERM BORROWINGS (Details 1) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Loan from other parties	$ 89,502	$ 96,108
Short term borrowings	1,216,113	1,531,718
Loan from related party	208,200	263,479
Loan from Elahi Group of Companies	758,801	969,590
Line of credit facility - others [Member]
Short term borrowings	$ 1,056,502	$ 1,329,177

SHORT TERM BORROWINGS (Detail_2

SHORT TERM BORROWINGS (Details 2) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Loan from other parties	$ 89,502	$ 96,108
TLT Communication [Member]
Loan from other parties	20,755	3,973
HTS TEL Communication [Member]
Loan from other parties	68,747	68,747
Wisdom Information Technology Solution [Member]
Loan from other parties	$ 0	$ 23,388

SHORT TERM BORROWINGS (Detail_3

SHORT TERM BORROWINGS (Details Narrative) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Description of interest rate	available at interest rate from 1 month to 3 months KIBOR (Karachi Interbank Offered Rate) plus 1.5% per annum (31 December 2022: 1 month to 3 months KIBOR plus 1.5% to 2.5% per annum), payable quarterly, on the balance outstanding. The mark up charged during the six months ended June 30, 2023 on outstanding balances at 18.52% to 22.44% (December 31, 2022: 11.19% to 17.60%) per annum
Line of credit	$ 110	$ 140
Central Depository Company [Member]
Cash deposit	$ 152
Bank Islami Limited [Member]
Line of credit long term		$ 1,270

TERM FINANCE CERTIFICATES (Deta

TERM FINANCE CERTIFICATES (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
TERM FINANCE CERTIFICATES (TFCs)
Opening balance	$ 7,458,750	$ 7,847,937
Repayments	0	(389,187)
Repayments net	7,458,750	7,458,750
Current portion	(2,144,511)	(2,463,737)
Current portion, net	5,314,240	4,995,013
Add: Deferred markup - net	(3,625,943)	(2,373,910)
Closing balance	$ 2,640,916	$ 4,042,807

TERM FINANCE CERTIFICATES (De_2

TERM FINANCE CERTIFICATES (Details Narrative) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended				6 Months Ended	12 Months Ended
	Feb. 28, 2022	Jan. 31, 2022	Mar. 20, 2021	Jun. 30, 2019	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2018
Average KIBOR plus					1%	1%
Face value per certificate					$ 17.42
Outstanding balance mark up rate								0.60%
Accrued interest percentage							50%
Remaining accrued interest paid percentage			50%
Sponsor's shares pledged				175,000
Shares sold	25,750	24,630
Share issue amount	$ 200	$ 198
Principal settelment amont	120	128
Accrued interest	$ 80	$ 69
Installment payment due					$ 1,950
Minimum
Outstanding balance mark up rate					17.10%	8.76%
Maximum
Outstanding balance mark up rate					22.15%	17.10%

LONG TERM FINANCING SECURED (De

LONG TERM FINANCING SECURED (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Long-term financing secured	$ 1,529,656	$ 1,376,205
Allied Bank Limited [Member]
Long-term financing secured	182,456	288,073
Askari Bank Limited [Member]
Long-term financing secured	1,044,908	687,285
Bank Islami Limited [Member]
Long-term financing secured	$ 302,292	$ 400,847

LONG TERM FINANCING SECURED (_2

LONG TERM FINANCING SECURED (Details Narrative) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Allied Bank Limited [Member]
Pledge amount	$ 1,860
Term loan facility, description	Effective interest rate applicable will be 3 Month KIBOR + 85 bps. The interest charged during the year on the outstanding balance ranged from 17.5% to 22.83% (2022: 11.39% to 16.62%) per annum
Askari Bank Limited [Member]
Term loan facility, description	Effective markup rate applicable will be 1MK - 2% (Floor 10%). The mark up charged during the period on the outstanding balance ranged from 14.4% to 19.70% (2022: 13.46% to 14.61%)
Bank Islami Limited [Member]
Carrying value	$ 11
Pledge amount	$ 3,070
Term loan facility, description	Effective interest rate applicable will be 6 Month KIBOR (Floor 7.5% & Capping 17%). The interest charged during the year on the outstanding balance ranged from 15.87% to 17% (2022: 7.65% to 15.87%) per annum

LINCENSE FEE PAYABLE (Details)

LINCENSE FEE PAYABLE (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
License fee payable	$ 158,527	$ 200,586
License [Member]
License fee payable	$ 158,527	$ 200,586

NET REVENUE (Details)

NET REVENUE (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Gross Revenue			$ 5,321,311	$ 5,720,389
Less: Discounts			(1,027)	(2,819)
Less: Sales tax			(34,247)	(72,690)
Net revenue	$ 2,817,665	$ 2,690,757	5,286,038	5,644,880
Other service [Member]
Gross Revenue			22,040	80,185
Telecom Services [Member]
Gross Revenue			4,470,428	2,835,748
Net revenue			4,740,428	2,835,748
Broadband Services [Member]
Gross Revenue			558,844	2,804,457
Net revenue			$ 558,644	$ 2,804,456

NET REVENUE (Details 1)

NET REVENUE (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net revenue	$ 2,817,665	$ 2,690,757	$ 5,286,038	$ 5,644,880
Telecom Services [Member]
Net revenue			4,740,428	2,835,748
Broadband Services [Member]
Net revenue			558,644	2,804,456
Advertisement services [Member]
Net revenue			0	5,088
Capacity Sale Services [Member]
Net revenue			91,416	108,422
Metro Fibre Solutions [Member]
Net revenue			198,218	228,970
Cable TV and internet services [Member]
Net revenue			269,010	385,511
IRU services [Member]
Net revenue			0	2,076,465
International termination services [Member]
Net revenue			$ 4,740,428	$ 2,835,748

NET REVENUE (Details Narrative)

NET REVENUE (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
NET REVENUE
Deferred revenue	$ 9,351	$ 34,442

DIRECT OPERATING COSTS (Details

DIRECT OPERATING COSTS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Direct Operating Costs	$ 2,642,855	$ 1,597,735	$ 4,781,677	$ 3,410,953
Interconnect, settlement and other charges [Member]
Direct Operating Costs	2,286,965	957,679	4,023,136	1,962,965
Salaries, wages and benefits [Member]
Direct Operating Costs	117,895	162,939	244,591	346,937
Bandwidth and other PTCL charges [Member]
Direct Operating Costs	62,644	31,960	123,677	85,597
Power consumption and rent [Member]
Direct Operating Costs	55,892	52,985	105,798	194,787
Network maintenance and insurance [Member]
Direct Operating Costs	36,604	(32,931)	45,767	6,314
PTA fees [Member]
Direct Operating Costs	9,232	12,881	23,556	30,810
Cable license fee [Member]
Direct Operating Costs	16,195	40,154	26,054	69,164
Annual spectrum fee [Member]
Direct Operating Costs	16,123	107	32,440	47,932
Stores And Spares Consumed [Member]
Direct Operating Costs	0	59,117	0	59,117
Metro Fiber Cost [Member]
Direct Operating Costs	0	48,381	0	103,611
Fees and subscriptions [Member]
Direct Operating Costs	(29,370)	75,625	0	110,386
Content cost [Member]
Direct Operating Costs	1,815	84,129	2,911	89,714
Security services [Member]
Direct Operating Costs	1,598	2,140	3,214	3,801
Others [Member]
Direct Operating Costs	$ 67,876	$ 102,569	$ 150,533	$ 299,818

FINANCE COST (Details)

FINANCE COST (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
FINANCE COST
Unwinding of discount on liabilities	$ 109,335	$ 472,477
Interest on term finance certificates	457,798	344,616
Interest on long term loan	257,877	45,392
Interest on short term borrowings	12,988	607,975
Finance charges on lease liabilities	59,650	86,428
Bank charges and commission	11,826	17,721
Total finance cost	$ 909,474	$ 1,574,609

TAXATION (Details)

TAXATION (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Deferred provision (benefit) for income taxes	$ 80,732	$ 68,873
Current provision (benefit) for income taxes	80,732	68,873
Current Prior Year [Member]
Deferred provision (benefit) for income taxes	0	0
Current provision (benefit) for income taxes	0	0
Curren Year [Member]
Current provision (benefit) for income taxes	$ 80,732	$ 68,873

TAXATION (Details 1)

TAXATION (Details 1) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
TAXATION
Current Federal Tax Expense Benefit	$ 0	$ 0
Current State and Local Tax Expense (Benefit)	0	0
Current Foreign Tax Expense (Benefit)	80,732	68,873
Current Income Tax Expense (Benefit)	80,732	68,873
Deferred Federal Income Tax Expense (Benefit)	0	0
Deferred State and Local Income Tax Expense (Benefit)	0	0
Deferred Foreign Income Tax Expense (Benefit)	0	0
Deferred Income Tax Expense (Benefit)	$ 80,732	$ 68,873

TAXATION (Details 2)

TAXATION (Details 2) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
TAXATION
Unused tax losses	$ 9,051,445	$ 19,169,614
Provision for doubtful debts	3,135,472	4,878,530
Provision for stores and spares & stock-in-trade	4,086	6,565
Post employment benefits	222,605	314,490
Provision for doubtful advances and other receivables	289,161	464,426
Deferred income taxes gross	12,702,769	24,833,625
Liability for deferred taxation comprising temporary differences on other liabilities	(4,445,572)	(10,380,642)
Exchange translation adjustment	0	(3,387,811)
Deferred income taxes	$ (8,257,196)	$ (11,065,173)

RELATED PARTIES (Details)

RELATED PARTIES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Other receivable	$ 1,343,933		$ 1,343,933		$ 1,178,698
Key management personnel [Member]
Advances against expenses disbursed (adjusted) - net	(38,558)	$ (68,351)	11,109	$ (5,774)
AMB Management Consultants (Pvt.) Ltd [Member]
Short term loan	(208,200)		(208,200)		(263,479)
Worldcall Business Solutions Private Limited [Member]
Expenses borne on behalf of associate	14,411	15,956	24,605	30,597
Interest charges	42,557	12,634	54,313	26,011
Other receivable	445,866		445,866		474,774
Worldcall Cable (Private) Limited [Member]
Interest charges	507	358	1,278	683
Other receivable	10,246		10,246		11,516
ACME Telecom (Private) Limited [Member]
Interest charges	18	4	18	10
Other receivable	145		145		163
Worldcall Ride Hail (Private) Limited [Member]
Interest charges	2	$ 0	10	$ 5
Other receivable	$ 79		$ 79		$ 95

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Outstanding balance	$ 582,968	$ 759,017
Director [Member]
Interest free loan	$ 550,000	$ 940,000

PREFERRED SHARES (Details Narra

PREFERRED SHARES (Details Narrative) - WTL [Member]	6 Months Ended
	Jun. 30, 2023 shares
Convertible preference shares aquired	52,500
CPS shares sold	22,500

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - WTL [Member] - Subsequent Event [Member]	Aug. 09, 2023 shares
Convertible common stock shares of third party	679,126,319
CPS shares owned by third party	13,000
Convertible common stock shares of group	156,721,458
CPS shares owned by group	3,000