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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. 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.

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.”

“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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