TAXILA, July 1: Two armed men looted a mobile phone company franchise in Lala Rukh market in limits of Wah Cantonment police station on Friday.

Kashif Mehmood, owner of the company reported to police that he was present in his shop when two masked men carrying 30 bore pistols entered in the shop and held salesmen and a customer on pistol point and fled off with Rs300,00 and a number of mobile phones. — Correspondent