In the wake of the recent tidal wave, we forward herewith a statement providing the extent of the damage caused to the business of SLT, on a preliminary survey carried out, which may be released to the market.
Preliminary Assessment of Business Impact on Sri Lanka Telecom Ltd., Consequence to the Tidal Wave;
Damage to Network:
2% of the total Network
10% of the Network in the affected coastal areas
Estimated Revenue loss per month:
Rs.25mn (Assumption: Rs.1500Iline/month)
Restoration Time:
50% within 2 weeks
100% within 2 - 3 months
(Depends on accessibility by road to affected areas)