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Mobile Spin

May 29, 2009 (LBO) - Sri Lankan celco Mobitel will spend 557 million rupees (4.

85 million US dollars) in a four year sponsorship of the island's cricket team, the company's parent, Sri Lanka Telecom (SLT) said. SLT said in a stock exchange filing that the deal, one of the largest announced by a Sri Lankan firm, started from May 26, 2009 and will run till May 25, 2013.
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Clothes worn by the Sri Lanka cricket team will carry the Sri Lanka Telecom - Mobitel logo for four years.
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Mobitel will invest the money, or equivalent rupee value, for a period of four years starting from May 26, 2009 to May 25, 2013 in the project.

It said it sees the deal "as a strategic marketing investment to enhance the Mobitel brand.





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Sri Lanka's mobile sector is in now in highly competitive and individual cricket players have endorsed various cellcos.

Cricket is the island's most successful international sport.

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Other firms, including Dilmah, an export tea brand has sponsored the Sri Lanka cricket team before.

The tea firm reportedly paid two million dollars over three years.


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