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SLT-Mobitel says no assets sold

21 Apr 2022

  • Categorically denies speculations
Telecommunications operator SLT-Mobitel, in a statement issued yesterday (20), categorically denied the recent speculations and reports of a possible sale of Sri Lanka Telecom (SLT) assets. The company stated that aforesaid reports have not been clarified with the SLT Board of Directors, nor the Secretary to the Treasury – as the Treasury is the entity that holds 49.5% of shares in the company. Accordingly, SLT-Mobitel reassured its shareholders, customers, and employees that such a decision has not been considered, and that it is committed to continue operations as is. Reports were recently being circulated on social media, claiming that SLT-Mobitel assets have been sold to a foreign party. 


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