The telecom watchdogs case against Mobitel (Pvt) Ltd is likely to be settled out of court, with the cellular operator suggesting a compensation package, which includes paying a million rupee fine.
Sources close to the deal told Lanka Business Online on Friday that the cellular operator has also agreed to bear the regulators legal fees and obtain tariff approval for its commercial launch.
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rnIt is reliably understood that the telecom regulator has not considered the offer fully, but is reviewing the mobile operators tariff proposals. rn
rnMobitels proposal follows the previous Magistrates Court hearing on December 18, 2003, where the Judge set a fresh January 12 date to allowing the cellular operator time to make further submission to defend the case against itself and its directors.rn
rnThe cellular operator in early January also released a retraction to its promotional offer that sparked the court case, and issued an apology to the TRC for a December press statement that said the regulator wi