After months of intense courtship, Sri Lanka Telecom said it plans to take full control wireless local loop operators Lanka Bell. SLT declined to name the bid price, but industry analysts put a price tag of just under US$ 20 mn for Lanka Bells 44,000 customers.
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SLT will pump new money into Lanka Bell, to deploy a rural telecom network, initially connecting over 350,000 customers on the incumbents waiting list.
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rnBelow is a list of LBO Reports on SLTs bid to takeover Lanka Bell and other related articles. rn
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