Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, has announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network. This decision comes as part of Dialog Axiata’s ongoing efforts to provide the best possible mobile experience for its customers and is […]
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SLT Group Revenue recorded at Rs. 24.7 Bn in Q1 2021, Net Profit improved by 14%
May, 14, 2021
Group Revenue recorded at Rs. 24.7 Bn, 11.4% year-on-year growth
Group Operating Cash Flow almost tripled to Rs. 12.2 Bn for the quarter
Capital expenditure investment of Rs. 5.6 Bn for the quarter
Direct and indirect taxes including levies totalling Rs. 3.7 Bn was paid to the Government of Sri Lanka (“Government”), 1Q 2021
Sri Lanka Telecom PLC (SLT) Group released its financial results for the first quarter of 2021, with a remarkable 14.3% year-on-year growth in Profit After Tax (PAT) to Rs. 2.1 Bn.
The Group revenue went up to Rs. 24.7 Bn for the period with a 11.4% year-on-year growth, strongly underpinned by the growth in revenues of FTTH, 4G LTE, mobile broadband services, PEOTV services and carrier domestic services. International voice revenue reflected a de-growth while international revenues from global transit and global data soared compared to the same period last y