Sri Lanka Telecom (www.slt.lk) is one of the country’s most valuable blue chip companies with an annual turnover in excess of Rs 40 billion. Whilst Global Telecommunication Holdings N.V. of Netherlands owns 44.9% stake in Sri Lanka Telecom (SLT) immediately after conclusion of their mandatory offer to the shareholder of SLT on 2nd June 2008 and 49.5% is owned by the Government of Sri Lanka. Balance shares are remaining with general public. The company was also awarded an AAA (sri) rating by Fitch Ratings Lanka followed by a BB- international rating by Fitch International and Standard & Poor’s.

SLT Group has a customer base of over two million including multinational corporations, large and small corporate, retail and domestic customers. Today SLT provides facilities and services: voice, data, video and mobile to its customers, which are unmatched in scope. These services range from domestic and international voice, advance data transmission services which include internet services on leased lines, broadband [on ADSL] and dial up, data circuits, frame relay solutions to IP services such as IP-VPN based on IP-MPLS technology, total corporate solutions of multiple services, satellite uplink services and mobile telephony through the fully owned subsidiary Mobitel.