Sri Lanka's telecommunications regulator will introduce common floor rates for call charges effective Feb. 1 to ensure small operators remain competitive, an official said on Tuesday.
Charges on the same network will be raised by a maximum 50 percent, and charges between networks will be reduced by as much as 28 percent, the official said.
"Operators requested to review the floor rate, especially the small operators having a lower market share. When this type of tariff is there, they can compete with big operators," Indrajith Handapangoda, acting director, competition, at the Telecommunications Regulatory Commission told Reuters. Sri Lanka has five mobile telephone network operators and three fixed-line operators.(Reuters)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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