If approved, SLT Chief Executive Shuhei Anan says, the license gives allows SLT to keep pace with global dynamics of convergence where communication and media technologies merge with telecommunication services.
The digital convergence, also known as quadruple play or four-play, gives SLT the chance of offering cable television, broadband, fixed-line and mobile telephone services.
Anan says SLT may look at the possibility of acquiring a stake in Grant Communications once the due diligence is complete.
Meanwhile, SLT has secured Central Bank’s exchange control department approval to start work on its fully owned Honk Kong subsidiary.
SLT Hong Kong Ltd, will initial cost around 35 million rupees or 2.5 mil