no it cannot. All the watch does is control the paired phone to call a missed call or to answer a call. It is possible there is a 3rd party app that connects to the contacts on the phone to allow the phone to initiate a new call, but it is not a feature I have looked at.
Salamander is right. You can't initiate a call from the default software or any other that I'm aware of. You can only see incoming calls, texts and messages from apps (you can choose which from the Connect App). If you're paired with an Android phone you can also pick up calls or reply with a text to either an incoming call or an incoming text message from a pre-set list. (Apple doesn't allow this.)
