Sri Lanka Telecom, the country’s premier telecommunications provider recently announces its incorporation of a fully owned subsidiary in Hong Kong. SLT Hong Kong Limited, is fully geared to provide services such as IP transit, IPVPN, IPSL and International voice traffic transit services to global telecom operators and corporates in Hong Kong.
As part of its ongoing initiatives of SLT to going global, SLT Hong Kong Limited will aim to become an important point of presence of SLT connecting Asia with the rest of the world through Sri Lanka. The initiative of incorporation of SLT Hong Kong Limited will be a considerable step forward for SLT to become a regional telecommunication facilitator.
SLT today enjoys high bandwidth global connectivity via SEA-ME-WE 3 and SEA-ME-WE 4 (South East Asia – Middle East – Western Europe). These cable systems along with multiple satellite connectivities help SLT to harness full potential of newly commissioned bilateral Bharat-Lanka Submarine Cable System with BSNL (Bharat Sanchar Nigam Limited) of India and soon to be commissioned bilateral Sri Lanka – Maldives submarine cable system with Diraagu of Maldives.
SLT is currently in the process of evolving its telecommunication network to an NGN [Next Generation Networks] on IP-MPLS technology using optical fibre backbone which will enable SLT to provide multiple services on one network.
About Sri Lanka Telecom
Sri Lanka Telecom (www.slt.lk) is one of the country''s most valuable blue chip companies with an annual turnover in excess of US $ 400.0 million. Whilst NTT Communications Corporation of Japan owns a 35.2% stake in Sri Lanka Telecom (SLT), 49.2% is owned by the Government of Sri Lanka and 15.3% is listed on the Colombo Stock Exchange. 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 has a customer base of over one million including multinational corporations, large and small corporate, retail and domestic customers. Today with NTT Communications of Japan as a strategic partner, 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.