Sri Lanka Telecom Ltd. may reap substantially higher revenue if an international call routing agreement with Indias Bharat Sanchar Nigam Ltd. takes effect, Asia Securities said in a research report Thursday.
Earnings for the fixed-line operator could increase by at least Rs. 500 mn in 2004 if Bharat Sanchar Nigam makes use of the international call routing facilities available to Sri Lanka Telecom, the report said.rn
rnRevenue may increase up to Rs. 9 bn if more calls are routed through Sri Lanka Telecom.rn
rn”It is still too early to quantify the full revenue implications of this venture,” the report said.rn
rnSri Lanka Telecom recently commissioned a microwave link between Sri Lanka and the city of Rameswaram in southern India, and has begun routing Bharat Sanchar Nigams international calls.rn
rnBharat Sanchar Nigam doesnt have an international call license and currently uses Indias Videsh Sanchar Nigam Ltd.s international call routing facilities.rn
rnAsia Securities said Bharat Sanchar cou