Cellular operator Mobitel plans to triple its customer base with the launch of digital services from next month.
The Mobile operator has already got the nod from its parent SLT to rise up to US$ 50 mn in the capital market for the expansion.rn
rnThe roll out is to be backed by a corporate guarantee by double AA+ credit rated, SLT.rn
rnldblquote The SLT will also be giving the grants and we are looking at all the avenues, dblquote Mobitel CEO Lalith de Silva says.rn
rnThe network with over one hundred and forty thousand customers will eventually launch two and a half G digital services on an Ericsson backbone.rn
rnMobitel signed a US$ 50 mn deal with Ericsson last week for the migration to the new technology.rn