SLT says not up for sale

Wednesday, 20 April 2022 00:24 - - {{hitsCtrl.values.hits}}

Sri Lanka Telecom (SLT) says it is not up for sale with reference to a Daily FT article on Monday including it under State-Owned Assets that experts opine that the Government could consider freeing up to boost reserves. Whilst noting that State holding in SLT is only 49.5% and not 51% as stated in the article, SLT said that it is a listed company having its shares traded on the Colombo Stock Exchange (CSE).It said that including SLT in the list of State-Owned Assets for consideration for the sale has a direct impact on the price sensitivities of SLT shares and smooth operations.