Vision Mission
  Intro
 
Group Highlights
A letter from the Chairman
Board of Directors
CEO's Review
Financial Review
Report on Corporate Governance
Report of the Directors
.
Statement of the Directors'
  Responsibilities in Relation to
  the Financial Statements
Report of the Auditors
Income Statement
Balance Sheet
Statement of changes in Equity
.
Cash Flow Statement
Accounting Policies
Notes to the Financial Statements
Five Year Progress
Value Addition
Investor Information
Notice of Meeting
 

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The Impetus for Privatisation
The impetus to privatise came from many sources:

Assembling an attractive infrastructure that would attract both foreign and private capital was an important factor. It was important that the country developed its communications infrastructure so as to be able to compete with other investment destinations. Communication services needed to be on par with the developed and newly developed world, and there was no indication that this would occur under state control.

Technological advancement was another. Thirty years of dabbling with telecommunications had shown conclusively that the state was unable to provide a quality telecommunications service to the public of Sri Lanka. Public funds were inadequate to fund the required expansion and the injection of private funds was imperative. The technological advancements that other parts of the world had begun to savour, were being withheld from Sri Lankans, as a result.

Accounting and billing systems were archaic and there was a need for more fluent procedures and the injection of rationality, in the process. Privatisation and a tie up with a global conglomerate was seen as a vehicle for turning a moribund state utility into a high performance communications operator.

The field of communications in Sri Lanka today, bears ample testimony to the success of our strategy - in a myriad products and services that access knowledge, business and human contact like never before.

 
A New Focus
Better Financial Foundation
Investment & Introduction of New Technology
The Growth of the ‘Net’
ISDN
International Revenue
IDD
New Connections - Developing the Telecom Network
Billing and Collection
Customer Care and Quality of Service
Teleshops
For our Corporate Clients
Regional Performance
Enhancing the Quality of Work
Career Development
Productivity Improvement
The Changing Face of Communications
Competition
Global Telecommunications
Deregulation
The Impetus for Privatisation
Initial Public Offering (IPO)
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