LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
28 March, 2014 09:27 AM Source: Financial Times - Sri Lanka
Fiber optic connectivity.jpg

Sri Lanka Telecom (SLT), yesterday announced that it has been given the opportunity to build, operate and manage South Asia’s first state-of-the-art Submarine Cable Depot in Magampura Mahinda Rajapaksa Port (MMRP) at Hambantota.
As a token of the company’s appreciation and gratitude to President Mahinda Rajapaksa, for his guidance and support towards achieving this significant milestone for Sri Lanka, the company presented him with an appreciation plaque at Carlton House at Tangalle recently.
SLT will operate the cable depot in Sri Lanka as a joint venture with IOCPL (Indian Ocean Cableship Ltd.) which is a ship service provider for SEAIOCMA (South East Asia and Indian Ocean Cable Maintenance Agreement). This opportunity was realised as a result of a free port policy declaration and tax concessions offered by the GOSL for MMRP operations at Hambantota.
SEAIOCMA is the international consortium for maintaining the undersea cables.
The presentation ceremony was attended by several VIPs including Minister of Telecommunications and IT Ranjith Siyambalapitiya, Minister of Youth Affairs and Skills Development Dullas Alahapperuma and Member of Parliament Namal Rajapaksa. Representing SLT, Chairman Nimal Welgama, Director Jayantha Dharmadasa, Director Shameendra Rajapaksa and Group Chief Executive Officer Lalith De Silva as well as senior officials of SLT were also present at the occasion.

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more


Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?