Sri Lanka Telecom PLC 2023 AR2

The report highlights Sri Lanka Telecom PLC's (SLT-MOBITEL) performance for the fiscal year 2023, navigating a challenging macroeconomic environment in Sri Lanka. Despite a marginal Group revenue decline of 1.2% to LKR 106.4 billion and a net loss of LKR 3.9 billion, the company continued strategic investments in its fiber network and the upcoming SEA-ME-WE 6 submarine cable. Key achievements include expanding the fiber network to over 65,000 km, deploying over 400 new 4G LTE base stations, and completing 5G pilot projects in five major cities. On the sustainability front, the company expanded its solar power systems to 319 sites and received a Platinum Green rating for its Welikada Operational Headquarters.

Company: Sri Lanka Telecom PLC

Sector: Communication Services

Country: Sri Lanka

Year: 2023

Type: AR2

Pages: 204

Back to company

Sri Lanka Telecom PLC

Sri Lanka Telecom PLC 2023 Annual Report

Annual Report

The report highlights Sri Lanka Telecom PLC's (SLT-MOBITEL) performance for the fiscal year 2023, navigating a challenging macroeconomic environment in Sri Lanka. Despite a marginal Group revenue decline of 1.2% to LKR 106.4 billion and a net loss of LKR 3.9 billion, the company continued strategic investments in its fiber network and the upcoming SEA-ME-WE 6 submarine cable. Key achievements include expanding the fiber network to over 65,000 km, deploying over 400 new 4G LTE base stations, and completing 5G pilot projects in five major cities. On the sustainability front, the company expanded its solar power systems to 319 sites and received a Platinum Green rating for its Welikada Operational Headquarters.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

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

Net Zero Target

Employees