Sri Lanka Telecom
|Native name||ශ්රී ලංකා ටෙලිකොම් පීඑල්සී|
|Type||Public limited company|
|Traded as||CSE: SLTL.N0000|
|Headquarters||Colombo 01, Sri Lanka|
|Key people||Mr. Nimal Welgama (Chairman / Director)|
|Products||Fixedline Telephone services
Mobile Telephone services
|Owner(s)||Government of Sri Lanka (49.50%)
Global Telecommunications Holdings N.V. of Netherlands (44.98%)
|Subsidiaries||Mobitel (Pvt) Ltd
SLT VisionCom (Pvt) Ltd
SLT Publications (Pvt) Ltd
SLT Hong Kong Limited
Sri Lanka Telecom (Services) Ltd
SLT Manpower Solutions (Pvt) Ltd
Sky Network (Pvt) Ltd
Sri Lanka Telecom PLC (SLT) is a largest telecommunications services provider in Sri Lanka and one of the country’s largest companies with an annual turnover in excess of Rs 40 billion. The company provides a variety of domestic and corporate services which includes Fixed and Wireless Telephony, Internet Access and IT services to Domestic, Public sector & Business sector customer
Sri Lanka Telecom has a long history of over 150 years, having started its operations in 1858 with the establishment of the first Telegraphic Circuit between Galle and Colombo. In the same year it established its first international Telegraph Communication between then called Ceylon, and India. Since then, Sri Lanka Telecom has passed several milestones, including: in 1991 Sri Lanka Telecom became a Corporation and in 1997 the Company was privatised with the collaboration of Nippon Telegraph and Telephone Corporation (NTT)and listed in the Colombo Stock Exchange's Milanka Price Index.
In 2008, NTT sold its stake in SLT to Global Telecommunications Holdings N.V. of Netherlands, which currently owns 44.98% stake in Sri Lanka Telecom (SLT) whilst 50.50% is owned by the Government of Sri Lanka and the balance shares remain with the general public.
The company has been given the following ratings by Fitch Rating Lanka: Long Term Foreign Currency Rating - “B+”, Long Term Local Currency Rating - “BB-“, and National Long Term Rating – “AAA(lka)”. In addition to that the company has also been rated by Standard and Poor’s as “B+” for both long term Corporate Credit Rating and Long term Debt Rating, which is one notch above the country’s rating.
Sri Lanka Telecom is still the dominant provider of PSTN/POTS Telephone and ADSL Broadband Internet services in the country and still clams ownership of the nationwide copper wire telecommunications network in Sri Lanka.
512 kbps Package controversy
Initially Telecom was providing a broadband package which was a unlimited data with the speed of 512kbps. Suddenly it was stopped as a result of their new agenda "Earn maximum from the customer" .New connections are available only with data limiting option where the tariffs are very unreasonable. An average user has to pay 1490 LKR (11.27 USD)(without tax of 22%)to get 25 GB . if the user exceeds 25GB net speed is reduced to 64kbps (Stone age speed ) where even the google.lk search engine takes more than 100 seconds ( 1m 40s) to load. if the user wanted to get back to full speed user has to pay 250 LKR per 1 GB (1.91 USD)(without tax of 22%). Then SLT started to limit the data usage of users those who were using old 512 kbps package to 40 GB which is illegal to do so as SLT agreed to give a unlimited data connection at a speed of 512kbps.
- Official website
- Official website
- SLT IPTV official website
- SLT Visioncom official website
- Sri Lanka Telecom Mobitel official website
- Sri Lanka Telecom Services official website
- SLT Manpower Solutions official website