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<blockquote data-quote="monson" data-source="post: 24232094" data-attributes="member: 30005"><p><span style="font-size: 18px"><strong>Hutch and BOI in supplementary agreement with $ 115 m investment</strong></span></p><p></p><p><span style="font-size: 15px">The Board of Investment of Sri Lanka signed a Supplementary Agreement with Hutchison Telecommunications Lanka Ltd. on 11 February.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">Hutchison Telecommunications Lanka Ltd. Chief Executive Officer Thirukumar Nadarasa, and Board of Investment of Sri Lanka Chairman Hemasiri Fernando signed the Agreement. BOI Director General Champika Malalgoda was present at the signing ceremony at BOI Head Office, Colombo. Hutchison Telecommunications Lanka Ltd. has been operating in Sri Lanka for over two decades and is a subsidiary of C K Hutchison of Hong Kong, which is a Fortune 500 Company based in Hong Kong. </span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">Strengthening its network position, Hutchison Lanka recently merged with Etisalat Lanka Limited and will operate under the new brand name Hutch.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">Speaking of the Company’s expansion, Nadarasa stated: “By integrating the two networks, the combined business will provide Sri Lankan customers with a major boost in both rural and urban network coverage, and a renewed commitment in offering superior communication services to all customers.”</span></p><p></p><p>More: <a href="http://www.ft.lk/front-page/Hutch-and-BOI-in-supplementary-agreement-with---115-m-investment/44-672933" target="_blank">http://www.ft.lk/front-page/Hutch-and-BOI-in-supplementary-agreement-with---115-m-investment/44-672933</a></p></blockquote><p></p>
[QUOTE="monson, post: 24232094, member: 30005"] [SIZE="5"][B]Hutch and BOI in supplementary agreement with $ 115 m investment[/B][/SIZE] [SIZE="4"]The Board of Investment of Sri Lanka signed a Supplementary Agreement with Hutchison Telecommunications Lanka Ltd. on 11 February. Hutchison Telecommunications Lanka Ltd. Chief Executive Officer Thirukumar Nadarasa, and Board of Investment of Sri Lanka Chairman Hemasiri Fernando signed the Agreement. BOI Director General Champika Malalgoda was present at the signing ceremony at BOI Head Office, Colombo. Hutchison Telecommunications Lanka Ltd. has been operating in Sri Lanka for over two decades and is a subsidiary of C K Hutchison of Hong Kong, which is a Fortune 500 Company based in Hong Kong. Strengthening its network position, Hutchison Lanka recently merged with Etisalat Lanka Limited and will operate under the new brand name Hutch. Speaking of the Company’s expansion, Nadarasa stated: “By integrating the two networks, the combined business will provide Sri Lankan customers with a major boost in both rural and urban network coverage, and a renewed commitment in offering superior communication services to all customers.”[/SIZE] More: [url]http://www.ft.lk/front-page/Hutch-and-BOI-in-supplementary-agreement-with---115-m-investment/44-672933[/url] [/QUOTE]
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