In a telecom operator revenues are usually made up of call charges, rentals and connection fees. SLT, the island's largest fixed access provider, said in a statement the supreme court has directed the Telecommunications Regulatory Commission (TRC) to facilitate further negotiations between SLT and the Consumer Association of Sri Lanka
. The consumer association, a lobby group, took SLT to court seeking lower call charges.
"On the direction of the court, SLT has already forwarded five proposals to the TRC in order to effect a tariff reduction, switching from a unit-based tariff structure to time-based tariff structure.
When matter was called in court on Monday, the TRC forwarded its observations to court on one of SLT's proposals and the parties agreed to a tariff revision with a revenue reduction.
Under the plan, SLT's domestic telephone revenues are to be cut by 8.72 percent.
"This guideline in relation to revenue reduction will