A subsidiary of Sri Lanka Telecom (SLT) aims to attract US$12.8 million to provide broadband internet facilities using the latest Wimax technology with islandwide coverage.
In this respect, the Board of Investment of Sri Lanka granted investment approval for Sky Network to provide latest Wimax – wireless broadband services.
Sky Network is an investment of US $ 12.8 million for the first two phases. The venture will provide broadband internet facilities using the latest Wimax technology Wimax 802.16e. The company expects to provide coverage to the entire island in four implementation phases.
CEO Mahinda Herath stated that the company is the first to provide Wimax 802.16e services in Sri Lanka.
