Sri Lanka Telecom PLC 2015 AR2
The report highlights Sri Lanka Telecom PLC's performance and strategic initiatives for the fiscal year 2015. The company transitioned to an integrated reporting format, combining financial and sustainability disclosures. Key achievements include the launch of the 'Smartline' premium fibre optic broadband service and the commercial establishment of the 'Akaza' cloud platform. Despite a modest revenue growth of 4.6% for the Group, profitability was impacted by foreign exchange losses due to the depreciation of the Sri Lankan rupee. The company continued its infrastructure investments, notably in the SEA-ME-WE 5 submarine cable system, to enhance national and global connectivity.
Company: Sri Lanka Telecom PLC
Sector: Technology & telecommunications
Country: Sri Lanka
Year: 2015
Type: AR2
Pages: 184
Sri Lanka Telecom PLC
The report highlights Sri Lanka Telecom PLC's performance and strategic initiatives for the fiscal year 2015. The company transitioned to an integrated reporting format, combining financial and sustainability disclosures. Key achievements include the launch of the 'Smartline' premium fibre optic broadband service and the commercial establishment of the 'Akaza' cloud platform. Despite a modest revenue growth of 4.6% for the Group, profitability was impacted by foreign exchange losses due to the depreciation of the Sri Lankan rupee. The company continued its infrastructure investments, notably in the SEA-ME-WE 5 submarine cable system, to enhance national and global connectivity.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees