Mukesh Ambani is taking his telecom playbook to Sri Lanka ?

Truth Hurts

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  • Jun 15, 2013
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    Jio Platforms, the telecom arm of Reliance Industries, has expressed interest in buying a stake in Sri Lanka Telecom PLC, the state-owned telecommunication company.

    The financially-stressed Sri Lankan government is looking to privatise several sectors of the economy to raise money. Colombo had invited proposals from potential investors from November 10.

    Post the deadline on January 12, the Sri Lankan government issued a press release, naming Jio Platforms, Gortune International Investment Holding Ltd, and Pettigo Comercio International LDA as the three potential bidders, adding that proposals will be “evaluated as per the Special Guidelines on Divestiture of State-Owned Enterprises approved by the Cabinet of Ministers”.

    The island nation is also mandated by International Monetary Fund (IMF) programmes to push for privatisation of non-core sectors.

    With Sri Lanka Telecom, Jio is eyeing a strategic foothold in the neighbouring market.

    Brokerage BofA has pegged Jio Platforms’s valuation at $107 billion. BofA in a note said it expects Jio Platforms to continue adding subscribers this year while making deeper inroads with its advanced feature phone JioBharat and wireless broadband device JioAirFiber. (Business Today India)

    https://www.google.com/amp/s/www.bu...com-as-part-of-new-playbook-413164-2024-01-14

    https://www.dailymirror.lk/breaking...-his-telecom-playbook-to-Sri-Lanka/108-275043
     
    Last edited:

    iworld

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  • Sep 8, 2007
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    Mukesh-Ambani.jpg


    Jio Platforms, the telecom arm of Reliance Industries, has expressed interest in buying a stake in Sri Lanka Telecom PLC, the state-owned telecommunication company.

    The financially-stressed Sri Lankan government is looking to privatise several sectors of the economy to raise money. Colombo had invited proposals from potential investors from November 10.

    Post the deadline on January 12, the Sri Lankan government issued a press release, naming Jio Platforms, Gortune International Investment Holding Ltd, and Pettigo Comercio International LDA as the three potential bidders, adding that proposals will be “evaluated as per the Special Guidelines on Divestiture of State-Owned Enterprises approved by the Cabinet of Ministers”.

    The island nation is also mandated by International Monetary Fund (IMF) programmes to push for privatisation of non-core sectors.

    With Sri Lanka Telecom, Jio is eyeing a strategic foothold in the neighbouring market.

    Brokerage BofA has pegged Jio Platforms’s valuation at $107 billion. BofA in a note said it expects Jio Platforms to continue adding subscribers this year while making deeper inroads with its advanced feature phone JioBharat and wireless broadband device JioAirFiber. (Business Today India)
    ශුවර් මාලිංග තමයි ලංකාවේ brand ambassador වෙන්නෙ
     

    thaweesha

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    අඩෝ අපේ කැරියා මුකේෂ් අපේ රටේ පාලනය බාරගන්න කුනු බිස්නස් කරන එකාට ඔයාගේ රටේ පුරවෙසිකම දීලා මෙහෙන් පිටුවහල් කරන්න
     

    N A K A M U R A

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    ඔව් ඉතිං නැත්නම් රට බංකොලොත් කරන්න පාස්කුවට ගහන්න දරපු වියදමත් අපරාදේ..තව ටෝක් කරල අනිත් ඒවත් ගන්න තීන්නේ..
     

    Draco Malfoy

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    Malfoy Manor, Wiltshire, England.
    Ai ehema kiyanne machan?
    mama danna tharamata kiyanne, mama 100% waradi wenna puluwan.

    allirajage lyca mobile kiyanne MVNO company ekak, mvno karanne wena ayage network use karala retail customers ta dena service. eg: lyca sim ekakin call ekak gathhtama eka yanne verizon, t-mobile, vodafone wage large telco company ekaka towers, software hardware backend haraha.

    arun karanne loku comapny wala network capacity rent karala aduwata customer ta dena eka. eyalata real fiber laying, advance network issue fix karana knowledge, team one wenne na ara aththatama network eka hadana maintain karana network wage.

    ethakota ehema ayagen slt wage real network ekakata ganna puluwan value eka adui. un dan inna staff eken onema kattiya thiyagena puluwan widiyata pricing ehema wenas karagena me thiyena widiyata karagena yai.

    anith fortune global kiyala hong kong company ekath investment company ekak. unuth meken ganna puluwan uparima profit thiyagena karagena yai, wadi staff layoff karala.

    but jio kiyanne verizon, t-mobile wage real gigantic scale eke telco ekak. slt, dialog wagema ungema network hadagena okkoma karana company ekak.
    lokuma reason eka thama un india wala profit witharak hithanne nathuwa indian telco uda yatikuru wenna karapu revolution eka. anith unta wada tikak cheap karala hodatama profit hoyanna puluwan kama thiyeddi, okkoma unlimited karala sim walata unlimted calls ehema deela competitorsla kelama wela yana dewal tikak kalane. anna ekai lokuma reason eka.

    but anith un denna awath owage deyak karanna bari kamak na & jio awath ehema nokara me widiyatama digatama karannath puluwan staff eka witharak layoff karala.
    but high possibility ekak thiyenawa jio awoth lankaweth ara wage change ekak karanna anith dennata wada