Fixed line giant Sri Lanka Telecom on Monday was granted special leave to appeal a Court of Appeal ruling against its last tariff revision. Fixed line giant Sri Lanka Telecom on Monday was granted special leave to appeal a Court of Appeal ruling against its last tariff revision. The Appeal Court in July ruled in favour of Consumer Association Lanka, who filed a case against the Telecommunications Regulatory Commission and Sri Lanka Telecom over the last tariff revision implemented in September 2003.
Monday’s leave to appeal will allow Sri Lanka Telecom to take its case to the Supreme Court.
The case is set to come up for hearing on March 6, 2006. Legal experts say the appeal process could take up to a year before conclusion.
The 2003 tariff increase was the fifth and final increase allowed under the shareholders agreement signed between Japan’s NTT and the Sri Lankan government when a 39% stake was divested to the Japanese telco.
The consumer lobby reportedly argued that the tariff hike increase