Tag Archive for 'SLTL'


Call for Papers: Infrastructure Regulation: What works, Why, and How do we know?
Deadline: 05 December 2008.




Opacity leads to confusion in SLTL share sale

by
Rohan Samarajiva
on May 29, 2007
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The usually well-informed LBO.LK appears to have gotten confused in the “fog of war” created by interested parties seeking to extract rents from the sale of 25% of SLTL shares by NTT to GTH, both private companies, and by the unfortunate opacity of the transaction (something that is quite surprising because SLTL is a publicly traded company and the interests of thousands of shareholders are affected by the transaction).

The source quoted by LBO below appears to have been quite familiar with the ORIGINAL shareholders agreement signed between the Government of Sri Lanka and NTT in 1997, but appears to have been comatose since then. Provisions regarding no universal service obligations (USO) and international exclusivities were in that agreement and did bind the Government of Sri…

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Cable and operator redundancy for Sri Lanka

by
Rohan Samarajiva
on December 12, 2006
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Until 2005, Sri Lanka had one undersea cable (if one did not count the aged SEA-ME-WE 2) and one operator controlling access to it.

Then came SEA-ME-WE 4 and the BSNL cables. More cables, but still one operator, SLTL. Now finally, we have operator redundancy. This should be sweet music to the BPO industry.

LANKA BUSINESS ONLINE - LBO

Lanka Bell, one of Sri Lanka’s privately held wireless telecom operators, has tied up with India’s FLAG Telecom to lay an undersea cable linking both countries.The 27 million dollar deal will see a third landing on the cable that currently runs from India to the Maldives, Lanka Bell’s Director, Damien Fernando said.

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