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Dialog Telekom on Monday set itself up to move into the fixed line market, signing a Rs.
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1.86 billion deal to buy Sri Lanka’s largest private communication backbone operator, MTT Network.
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Dialog Telekom on Monday set itself up to move into the fixed line market, signing a Rs. 1.86 billion deal to buy Sri Lanka’s largest private communication backbone operator, MTT Network. MTT has a 20 year license expiring in 2015, which allows it to offer leased line services and switched and non switched data communication services and a external gateway operators license.
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A Telekom statement on Monday said the backbone operator also had a licence to operate a fixed voice and data and telecommunications services based on WLL technology.

The statement said “Dialog recognizes MTT to be a well-managed company possessing a robust infrastructure base capable of providing significant value addition to Sri Lanka’s telecommunications sector.

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“MTT’s portfolio of service provisioning licenses encompassing voice and data communications and its incumbent service portfolio make the company a key player in the telecommunications sector at present and going forward,” the statement added.

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