Submitted by osandacm on Thu, 06/02/2022 - 15:06 Announcement The Board of Directors of Sri Lanka Telecom PLC has decided to invest Rs.5 Billion in equity of Mobitel (Pvt) Ltd, a wholly owned subsidiary of Sri Lanka Telecom PLC. This investment which will be on staggered basis and is expected to be made within a period of 06 months. Funds of this investment will be used by Mobitel (Pvt) Ltd for expansion plans in terms of coverage, capacity and Network Modernization. Announcements type Investor Operations Publish date Mon, 04/18/2011 - 11:00