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SLT buys Sky Network for US$ 1 million
Sri Lanka Telecom has acquired a 75% stake in Sky Network Limited for US$1 million. Sky Network is a company incorporated in Sri Lanka by the Lycatel Group, a pan-european pre-paid telecom organization, to carry on operations in Sri Lanka with the aim of securing access to their wireless broad-band frequency.According SLT, the teaming up with Sky Network could provide leverage its island–wide infrastructure for the provisioning of wireless broad-band applications such as IPTV, Video on Demand and Educational Services to the local market. Currently SLT uses ADSL technology for its broadband services. The SLT board resorted to this option as the license for its Wi-Max operation from TRC had seen inordinate delays.
NEXT 3 months athulatha islandwide coverage ekka connection eka denawa



Sri Lanka Telecom has acquired a 75% stake in Sky Network Limited for US$1 million. Sky Network is a company incorporated in Sri Lanka by the Lycatel Group, a pan-european pre-paid telecom organization, to carry on operations in Sri Lanka with the aim of securing access to their wireless broad-band frequency.According SLT, the teaming up with Sky Network could provide leverage its island–wide infrastructure for the provisioning of wireless broad-band applications such as IPTV, Video on Demand and Educational Services to the local market. Currently SLT uses ADSL technology for its broadband services. The SLT board resorted to this option as the license for its Wi-Max operation from TRC had seen inordinate delays.
NEXT 3 months athulatha islandwide coverage ekka connection eka denawa


