Sunday 6 December 2015

Hutch valued around $ 100M

By Ishara Gamage

Ceylon Finance Today: Sri Lanka Telecom (SLT) is planning to conclude the Mobitel- Hutchison deal as early as possible, a senior company official told Ceylon FT.


"A reputed International audit firm has submitted lower and upper range of pricing for this deal. It is around the US$ 100 million range," he said.

He also said that there are several government protocols to follow before making any final decision.

"At the moment, Mobitel has only an 'interrupted' spectrum. If they tie up with Hutch, Mobitel will be a powerful mobile operator with a better spectrum", telecoms sector analysts said.

Government sources alleged that the Mobitel- Hutchison Lanka deal is now before the Mobitel evaluation committee.
www.ceylontoday.lk

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