SLT of being sold off to India

Trade Unions of Sri Lanka Telecom have requested President Ranil Wickremesinghe to scrap the Budget decision of selling Sri Lanka Telecom to foreign investors.

Presenting Budget 2023 in parliament, the President has stated that several SOEs such as Sri Lankan Airlines, Sri Lanka Insurance, Sri Lanka Telecom, etc have been earmarked for restructuring. Mr. Jagath Gurusinghe, Senior Vice Secretary of the Telecommunication Workers Union, says that a series of extensive protests will be held islandwide from tomorrow (23) against the government’s decision to sell Sri Lanka Telecom to Lycamobile and the Adani Group.