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BOI SIGNED AGREEMENT WITH SLT, GRANTING APPROVAL TO INSTALL EQUIPMENT IN 157 SITES.

 

Granting approval to install telecommunication equipment in 157 sites, the BOI signed an agreement with the National Communication Service Provider, Sri – Lanka Telecom (SLT) recently. This approval was also permitted by the Telecommunication Regulatory Commission of Sri Lanka (TRCSL).

 

On behalf of the BOI Mr. Mangala Yapa, Chairman of the Board signed the Agreement and Mr. P G Kumarasinghe Sirisena, Chairman of Sri Lanka Telecom PLC. along with Mr. Mahesh Athokorala, Company Secretary of SLT signed on behalf of SLT.

 

Attending to the event Mr. P G Kumarasinghe Sirisena stated “facilitating the smart Sri Lanka initiatives and developing the digital economy of the country, during the recent past our group of companies invested nearly Rs 150 billion in National Digital infrastructure developments. We are now digitalizing the Company with the intention of better service to the nation. I believe we are the only Company in Sri – Lanka investing over Rs. 17 billion in human capital annually to build a loyal, smart workforce with high productivity and quality. As the most successful business venture under the privatization program, during the year 2018 alone, our company contributed Rs.35 billion to the government by way of dividends and taxes despite high investments.  “he further stated.

 

By the signing of this supplementary Agreement with BOI, SLT will further expand its investment.  In fact, SLT had been formally recognized as a success story at the BOI’s 40th Anniversary celebrations held last year.

 

Dilip S Samarasinghe

Director (Media & Publicity)

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