Sri Lankan fixed access provider Lanka Bell said it would pay subscribers for incoming overseas calls at the rate of 50 cents for every minute, regardless of duration, country of origin or the number of calls received.
The company, in a statement, described the offer as passing on of the benefits of its three billion rupee investment to connect Sri Lanka to the FLAG undersea fibre optic cable network owned by India’s Reliance group.

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This should make it easier for the Sri Lanka regulator to bring down termination charges for calls from within the SAARC, and implement the SAARC Colombo Declaration.