SLTMobitel

Overview

Sri Lanka Telecom PLC

trade name	SLTMobitel
type	Public
isin	isin: LK0312N00005
industry	Telecommunications
founded	September 1, 1991
hq location city	Colombo
hq location country	Sri Lanka
key people	Mothilal de Silva‡R1R‡ (chairman) Janaka Abeysinghe (CEO – Sri Lanka Telecom) Sudharshana Geeganage (COO – Mobitel)
products	Fixedline Telephone services Mobile Telephone services Internet services with dedicated speed link, ADSL and FTTx IPTV IT services
revenue	LKR107.710 billion
revenue year	2022
operating income	LKR12.518 billion
income year	2022
net income	LKR4.765 billion
net income year	2022
assets	LKR240.584 billion
assets year	2022
equity	LKR92.488 billion
equity year	2022
owners	Secretary to the Treasury (49.50%) Global Telecommunications Holdings N.V. (44.98%) <br/ > Jio Platforms (90.25%)
num employees	8,058
num employees year	2022
subsid	eChannelling PLC (87.59%) Mobit Technologies (Pvt.) Ltd. Mobitel (Pvt.) Ltd. Sky Network (Pvt.) Ltd. (99.94%) SLT Digital Info Services (Pvt.) Ltd. SLT Human Capital Solutions (Pvt.) Ltd. SLT Property Management (Pvt.) Ltd. SLT VisionCom (Pvt.) Ltd. Sri Lanka Telecom (Services) Ltd. (99.99%) Talentfort (Pvt.) Ltd. Galle Submarine Cable Depot (Pvt.) Ltd. (40%, Associate company)
rating	Fitch: A (lka)
website	https://www.sltmobitel.lk/
footnotes	‡R2R‡

Sri Lanka Telecom PLC, doing business as SLTMobitel,[3] is the national telecommunications services provider in Sri Lanka and one of the country's largest companies[4] with an annual turnover in excess of Rs 100 billion. The company provides domestic and corporate services which include fixed and wireless telephony, Internet access and IT services to domestic, public and business sector customers. As of 2024 SLTMobitel was Sri Lanka's second largest mobile network operator with 7.1 million subscribers.[5]

SLTMobitel offers a variety of services and currently operates GSM, GPRS, EDGE, UMTS, HSPA, HSPA+, DC-HSPA+ and FD-LTE network utilising 2G, 3.5G, 4G and 4.5G, 5G technologies with VoLTE service.[6] It covers most of Sri Lanka with its GSM network.

History

SLTMobitel started its operations in 1858 with the establishment of the first Telegraphic Circuit between Galle and Colombo. In the same year, it established its first international Telegraph Communication between then called Ceylon, and India. Since then, Sri Lanka Telecom passed several milestones, including corporatisation in 1991 and privatizsation in 2000 with the collaboration of Nippon Telegraph and Telephone Corporation (NTT) and listing on the Colombo Stock Exchange's Milanka Price Index.

In 2008, NTT sold its stake in SLT to Global Telecommunications Holdings N.V. of Netherlands,[8] which currently owns 44.98% stake in Sri Lanka Telecom whilst 48 % is owned by the Government of Sri Lanka and the balance shares remain with the general public.

Mobitel was incorporated in 1993 as the third mobile telephone provider in the Sri Lankan market. Originally a collaboration between Sri Lanka Telecom and Telstra, Mobitel has been wholly owned by SLT since November 2002.[9]

In January 2004, the company launched its fully-fledged 2.5G GSM network that is EDGE/GPRS enabled and designed to operate on the dual-band. In 2005 and 2006, Mobitel traded the 800MHz band for slots made available from the 900MHz spectrum. With this enhancement, Mobitel embarked on a field trial of 3G at the 1st International Buddhist Conference held in 2006, setting the stage for the launch of its 3G services in Sri Lanka. In December 2007, the company launched its 3.5G HSPA network – the first Super 3.5G network in South Asia. Further, Mobitel successfully demonstrated HSPA + MIMO technology with downlink speed up to 28.8Mbit/s and carried out a successful trial of 4G/LTE technology with downlink speed exceeding 96Mbit/s, for the first time in the South Asian Region. Investments committed to date in the 2.5G/3.5G/4G networks and service offering amounts to over US$500mn.[10]

Investments committed to a date for this technology to provide 3G and GSM totals over US$200 million.[11] This included increasing the present number of base stations from 600 to 1,500 by the end of 2008.[12]

Services provided

Fiber 1Gbit/s was introduced by SLT in 2020 for apartments.

4G LTE

WiFi

SLTMobitel also provides free and pay as you go WiFi internet access at public places in Colombo and other selected cities in Sri Lanka.

Network

SLTMobitel currently operates GSM, UMTS, LTE Advanced and also a 5G – Demonstration Level. SLTMobitel 4G+ trial network with downlink speed of up to 300Mbit/s and uplink speed up to 150Mbit/s;[13][14] however, 5G coverage is limited to the Colombo district.

Global

SLTMobitel provides international services with GSM roaming coverage of over 200 countries[15] and GPRS roaming coverage of over 120 countries[16] including bilateral partnerships with global carriers.

SLTMobitel

History

Services provided

Internet

Dial-up

ADSL2+

VDSL2 and FTTx

Fiber 300Mbps

Fiber 1Gbps

Fiber 300Mbps

Fiber 1Gbps

4G LTE

Dial-up

ADSL2+

VDSL2 and FTTx

Fiber 300Mbps

Fiber 1Gbps

Fiber 300Mbps

Fiber 1Gbps

4G LTE

WiFi

Network

Global

Gallery

External links

References