The Board of Investments (BOI) signed an agreement with Sri Lanka Telecom (SLT), granting the approval to install telecommunication equipment in 157 sites.
This approval was also permitted by the Telecommunication Regulatory Commission of Sri Lanka (TRCSL).
Mangala Yapa, Chairman of the Board signed the Agreement and P G Kumarasinghe Sirisena, Chairman of Sri Lanka Telecom PLC. along with Mahesh Athokorala, Company Secretary of SLT signed on behalf of SLT.
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 said.