Colombo, November 2020 – Sri Lanka Telecom (SLT) has been recognised amongst the ‘10 Most Admired Companies in 2020’ for its continuous efforts in empowering Sri Lankans, spanning over 162 years. The prestigious title is presented to SLT for being a role model to other organizations and entrepreneurs through their remarkable financial achievements and their valuable contribution to society.
Commenting on this award, Rohan Fernando, Chairman, Sri Lanka Telecom said, “It is an absolute privilege for SLT to be named amongst the most successful businesses in the island that have showcased excellence in leadership and integrity. It is crucial for our country to have companies that give back to our society and have a common goal of uplifting the nation through innovation. Throughout the years, SLT has launched countless initiatives and partnerships to support individuals, organizations, professional bodies, schools, and hospitals to have the necessary ICT infrastructure enabling national economic growth and development. Despite facing unforeseen challenges this year, SLT was able to remain resilient and committed to providing unparalleled connectivity solutions to enhance the lives of Sri Lanka’s future generations.”
The Most Admired Company Awards is an annual event hosted by the International Chamber of Commerce Sri Lanka (ICCSL), Chartered Institute of Management Accountants (CIMA) and Daily FT. The selection process includes a survey that requests the public to vote for the companies they admire. The companies are ranked upon a thorough evaluation conducted by an eminent panel of judges who asses the company in terms of financial performance as well as their impact on employees, customers, investors, and the community.
“As the national telecommunication service provider, we have a responsibility to deliver the best products and services to our community. It is both a humbling and rewarding experience to be part of the coveted ‘Top 10 Admired Companies’ in Sri Lanka. We played a significant role in connecting the nation during the COVID-19 pandemic through continued investments in infrastructure, and this recognition is a reflection of how SLT has been successful in enriching the lives of so many across the country.” said Kiththi Perera, Chief Executive Officer, Sri Lanka Telecom reflecting on SLTs recognition among the best companies in Sri Lanka.
With the purpose of bringing Sri Lankans together, SLT has successfully laid out fibre optic networks across the country for nearly 50,000 kilometers. SLT’s national backbone network and Data Centers also serves as a veritable asset in the country’s development by fulfilling the needs of all ICT operators in the country. Establishing its excellence beyond the country, SLT has also positioned itself as a key global player by connecting Sri Lanka to the world through international submarine cable systems through SEA-ME-WE cable consortium.
About SLT
Sri Lanka Telecom PLC is the national Information and Communications Technology (ICT) solutions provider and the leading broadband and backbone infrastructure services provider in Sri Lanka for over 162 years. SLT enables opportunities that empower Sri Lankans and elevates the country’s standing in the global arena. SLT’s transformation into a digital service provider has seen the Company move beyond telecommunications services to provide a variety of services and solutions that cater to a digital lifestyle. Sri Lanka Telecom Limited (SLTL) is one of Sri Lanka’s most valuable blue-chip companies with an annual turnover in excess of Rs.40 billion. Listed on the Colombo Stock Exchange, the Company’s market capitalisation as at December 15, 2020 topped Rs.60 billion.