The.Board of Directors of Sri Lanka Telecom Ltd., having reviewed the Telecom City Project, for which a subsidiary in the name of `Telecom City (Pvt) Ltd` was floated as a wholly owned subsidiary of SLT, decided to abandon this project in order to strenghten the focus on telecom oriented business.
In view of the above decision steps will be taken to wind-up Telecom City (Pvt) Ltd. shortly.