IPTV unit launched by Sri Lanka Telecom

by Lin Freestone

Sri Lanka Telecom has set up a subsidiary to broadcast IPTV to its broadband customers.

The company plans to invest $1m in the initial launch of the SLT Visioncom unit. Sri Lanka Telecom considers that IPTV is a value-added service with strategic importance in the future broadband service portfolio of the company.

Sri Lanka’s telecommunications company had more than 54,000 ADSL broadband customers and 88,000 post-paid dial-up subscribers by the end of 2007.

Sri Lanka Telecom was the country’s first telecommunications company and is the successor to the former government owned Telecommunications Department. It leads the country’s telecommunication industry with 87% of the fixed line network.

Source: iptv-watch.co.uk