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On 24 November 2004, SLT announced successful completion of US$ 100m international bond issue. |
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SLT Internet Data Centre (IDC) was developed whereby back - up of a company’s valuable data into a high security Internet Data Centre (IDC) was made possible. |
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In August 2005, SLT focuses on Intelligent Business Solutions. SLTs Intelligent Solutions which represent an array of integrated corporate information are on par with international standards. Synergized by the strength of NTT Communications Corporation of Japan and infused with the technological impetus of local expertise, these intelligent solutions can extend a realm of opportunity for a corporate to reach greater heights. |
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In August 2005, Mobitel (Pvt) Ltd launched its 300th GSM base station at Bellungala, Kadugannawa, reaching this milestone in a record 18 months since the inauguration of its GSM network. |
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On 23 August 2005, SLT received authorization to deploy CDMA [Code Division Multiple Access] technology. CDMA |
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On 29 August 2005, Sri Lanka Telecom (SLT), for the first time in Sri Lanka, launched a web based e-Procurement system facilitating complete automation of the processes enabling ‘paperless’ transactions relating to Procurement of material and services. eTENDER facilitates online transparency and efficiency. |
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In September 2005, Mobitel (Pvt) Ltd became the first to launch an innovative dual International Direct Dialling (IDD) solution for Mobitel subscribers, where IDD enabled customers have the all important choice of making international calls via the Mobitel network through a high quality service with crystal clear clarity or lower cost alternative with an acceptable level of service quality. This facility – called IDD PREMIER for crystal clear connections and IDD BUDDY for economical connections – allows customers a wider choice in IDD calling. |
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In September 2005, Bharat Sanchar Nigam Limited (BSNL) of India - the seventh largest telecommunications operator in the world and Sri Lanka Telecom (SLT) – Sri Lanka’s premier communications provider – signed a Construction and Maintenance Agreement (C&MA) to build the Bharat – Lanka optical fibre submarine cable between India and Sri Lanka. This submarine cable system will be established between Tuticorine (India) and Mount Lavinia (Sri Lanka). |
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Late September 2005, SLT and Ceylinco Life joined hands to offer a unique Life Insurance policy to SLT customers, called “LifeLine”. It is the only Life Policy, which can be obtained over the phone and is exclusively for SLT phone owners. |
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In October 2005, SLT expanded SLT Broadband coverage into the Mt. Lavinia, Ratmalana, Moratuwa, Maharagama, Kelaniya, Negombo & Kandy areas. |
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On 24 October 2005, SLT entered into a strategic partnership with Microsoft Sri Lanka by signing an Enterprise Agreement (EA) to strengthen SLT’s IT infrastructure. Microsoft’s Enterprise Agreement provides volume licenses for medium and large-scale businesses that make an enterprise wide decision to deploy Microsoft products. The EA is Microsoft’s most preferred offering for its corporate clients – ensuring that the enterprise partner receives a host of value added benefits along with genuine Microsoft software. |
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On 26 October 2005, SLT entered into a contract with ZTE Corporation (ZTE) of China. Under this agreement ZTE will provide state -of- the-art CDMA systems for the successful implementation of the largest CDMA network. |
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On 24 November 2005, SLT launched SLT Citylink CDMA network in Anuradhapura. |
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On Friday, June 09, 2006 SLT signed an agreement with international chipmaker, Intel Corporation to deploy a Co-Marketing program for the new wireless broadband solution, WiMAX. |
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On 1 December 2006, SLT floated its fully owned subsidiary, SLT Hong Kong Limited, in Hong Kong. SLT Hong Kong Limited, is fully geared to provide services such as IP transit, IPVPN, IPLC and International voice traffic transit services to global telecom operators and corporates in Hong Kong. |
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On 12 December 2006, SLT inaugurated the Dhiraagu - SLT optical fiber submarine cable system between Sri Lanka and the Maldives. At an investment of USD 20 million by Sri Lanka Telecom and Dhiraagu of Maldives, the cable system aims to enhance economic growth via superior telecommunications in South Asia. |
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On 25 April 2007, SLT secured a Media Licence from the Ministry of Mass Media & Information to provide IP-TV services in the country. |
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On 16 May 2007, SLT received the BOI status. |
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On 4 January 2008, one of the principal shareholders of SLT, NTT Communications Corporation of Japan who held 635,076,318 shares, which constitutes 35.2% of the total stated capital of the Company announced that they sold their holding in its entirety, to Global Telecommunications Holdings N.V. of Netherlands on a price of LKR 50.50. Global Telecommunications Holdings N.V. have announced that in terms of the Takeovers and Mergers Code, they will make a mandatory offer to the remaining shareholders. |
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Following the share trade by NTT in May 2008 and the close of the mandatory offer on 6 June 2008 declared by GTH, the ownership status of SLT shares was as follows: |
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| Government of Sri Lanka |
49.5% |
| Global Telecommunication Holdings N.V. of Netherlands |
44.9% |
| General Public |
5.6% |
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On 12 May 2008, The Board of SL T has decided to acquire a 75% stake in Sky Network (pvt) Ltd. a company incorporated in Sri Lanka by Lycatel Group, a pan-European prepaid telecom organization, to carry-on operations in Sri Lanka, in order to secure access to their wireless broad band frequency. |
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