Industry Analysis

SLT-Mobitel Reports Moderate Revenue Growth and Improved Profitability in 1H 2024

SLT-Mobitel has demonstrated resilience in the first half of 2024, reporting moderate revenue growth alongside significant improvements in profitability. For 1H2024, the group’s revenue reached Rs.53.5 billion, reflecting a 1.6 percent increase from the previous year. Gross profit grew by 4.0 percent to Rs.20.9 billion, with the gross profit margin expanding to 39.0 percent. Despite

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Technology

SLT-Mobitel Nebula Institute Becomes 10th IET On Campus Chapter

The SLT-Mobitel Nebula Institute of Technology has been recognized as the 10th IET On Campus Chapter through a partnership with the Institute of Engineering Technology (IET). This collaboration ensures that the Nebula Institute can support its engineering and technology undergraduates throughout all stages of their education and career on a global scale. Additionally, it provides

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Business

SLT-Mobitel Earns ‘Best Corporate Citizen Sustainability Award 2023

Sri Lanka Telecom PLC (SLT) has been honored with the prestigious ‘Best Corporate Citizen Sustainability Award 2023’ in the ‘Other’ category, recognizing its exceptional commitment to sustainable business practices. The award ceremony, organized by the Ceylon Chamber of Commerce, a premier business chamber in Sri Lanka, acknowledged SLT’s dedication to sustainability amidst stiff competition from

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