Rate War

Sept 07, 2009 (LBO) – Sri Lanka Telecom, the island’s dominant fixed line operator, said it was offering lower rates and discounts in new subscriber packages amid intensifying competition among phone companies. Existing SLT customer switching to new packages will be charged a transfer fee while those sticking to their ‘Home’ and ‘Business’ standard packages will be given a monthly discount.

Sri Lanka has about 15 million telephone connections both fixed and mobile. In its new post-paid tariff plans called ‘V talk’, call rates to fixed and mobile phones have been reduced up to 35 percent and monthly rental reduced up to 48 percent, the company said in a statement.

“The new packages offer per second billing, low call charges, low rentals, flat rates, low calling rates for mobiles, and are also able to meet special requirements like fixed rate per call or fixed rate per minute options.”

In one of the packages, subscribers can call any network, fixed and mobile, at just one cent per second, excluding government taxes, during the discount time band everyday between 9.00 pm to 5.00 am.

Another package offers subscribers a flat rate of nine rupees a call for up to 15 minutes (900 seconds) to any fix