The ratings agency however warned that Sri Lanka Telecom's (SLT) rumoured debt-funded acquisition of Hutchison Lanka could increase its leverage and would lead to a downgrade of its National Long-Term Rating Click here for more.
UTStarcom Holdings Corp. (Nasdaq: UTSI) announced today that it has won a contract from Sri Lanka Telecom ("SLT"), Sri Lanka's leading integrated communications, broadband and backbone infrastructure services provider, to supply set-top boxes for...
Sri Lanka Telecom's ratings continue to be supported by its position as the fixed-line incumbent in Sri Lanka and by its adequate market share, through subsidiary Mobitel, in a moderately growing mobile telecom market. Click here for more.
The revision of the Outlook is based on improvements observed in Sri Lanka's macroeconomic conditions following the end of the civil war, and from a moderation of the heavy price-based competition among telecom operators after regulatory...
The implementation of Mobile Number Portability (MNP) in Sri Lanka - as proposed by the local Telecommunications Regulatory Commission of Sri Lanka (TRCSL) - could further pressure industry profitability, Click here for more.
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