Sri Lanka Telecom PLC 2008 AR2
The report highlights Sri Lanka Telecom's performance during the challenging economic year of 2008, where the Group achieved a 9% revenue growth to reach Rs. 47 billion and a 31% increase in profit after tax to Rs. 7,367 million. The company successfully launched IPTV services under the PEO TV brand and expanded its broadband services using WiMAX technology. Its mobile subsidiary, Mobitel, experienced phenomenal growth, adding over 1.3 million subscribers to reach a total of 2.7 million, and launched the highly successful UPAHARA package for state sector employees. Additionally, the company continued its commitment to sustainability through national ICT initiatives like SchoolNet and the Lanka Government Network, and environmental conservation projects such as the Sinharaja Forest Reserve awareness program.
Company: Sri Lanka Telecom PLC
Sector: Technology & telecommunications
Country: Sri Lanka
Year: 2008
Type: AR2
Pages: 128
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Sri Lanka Telecom PLC
Annual Report
The report highlights Sri Lanka Telecom's performance during the challenging economic year of 2008, where the Group achieved a 9% revenue growth to reach Rs. 47 billion and a 31% increase in profit after tax to Rs. 7,367 million. The company successfully launched IPTV services under the PEO TV brand and expanded its broadband services using WiMAX technology. Its mobile subsidiary, Mobitel, experienced phenomenal growth, adding over 1.3 million subscribers to reach a total of 2.7 million, and launched the highly successful UPAHARA package for state sector employees. Additionally, the company continued its commitment to sustainability through national ICT initiatives like SchoolNet and the Lanka Government Network, and environmental conservation projects such as the Sinharaja Forest Reserve awareness program.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees