The new communications act floating in parliament at present, will decide Lanka Bells future business strategy, CEO Joey Mendoza says.
For now the company is concentrating on being a valued telecom services provider, with Internet being one of the value-added services. rn
rnMendoza says present plans did not include offering internet as a independent service, but would change to provide a wide range of communications service with the new act. rn
rnHowever, Mendoza says he is keen on expanding his business and notably improving his bottom line.rn
rnFor this the company is looking at infusing fresh capital into the infrastructure and expansion projects. rn
rnMendoza says raising funds through the stock market would be considered at a latter stage, while looking at alternate sources for the immediate funding needs. rn
rnldblquote We need to build Lanka Bell up to a very successful venture before we can consider a listing.
rnMendoza refrained from disclosing the companys funding req