Hi
No - Apple Watch Series 3 (GPS + Cellular) uses the same phone number as your iPhone.
There are two different versions of Apple Watch Series 3: GPS models and GPS + Cellular models. The built-in cellular feature is only available on Apple Watch Series 3 (GPS + Cellular) models:
Apple Watch (GPS + Cellular) has a built-in eSIM that copies information from the paired iPhone's SIM card. The built-in cellular features require a carrier service plan that specifically includes support for the watch, including the carrier activating the device on the plan:
Apple Watch - Carriers - Apple
The features - including for making and receiving calls - that are available under various different circumstances are explained here, including in the footnotes:
How to use your Apple Watch without your iPhone nearby - Apple Support