Govt. raises about Rs. 10 b from 5G spectrum auction; Dialog, SLT-Mobitel secure licences
Daily FT
|December 19, 2025
THE Government yesterday raised approximately Rs. 10 billion from Sri Lanka's 5G spectrum auction, with Dialog Axiata PLC and SLT-Mobitel, a unit of Sri Lanka Telecom PLC, emerging as the sole bidders and being awarded spectrum licences.
-
The spectrum certificates were handed over at a ceremony attended by Digital Economy Deputy Minister Eng. Eranga Weeraratne and Telecommunications Regulatory Commission of Sri Lanka (TRCSL) Director-General Air Vice Marshal (Retd.) Bandula Herath.
The auction followed the issuance of the Final Notice of Assignment by the TRCSL in October, formally launching Sri Lanka's first commercial 5G spectrum allocation after years of regulatory preparation. Spectrum was offered in the 3.5 GHz band, regarded globally as the primary band for wide-area 5G mobile broadband, and the 27 GHz millimetre-wave band, which is suited for ultra-high-capacity short-range applications. Licences have been issued for a 10-year period under a clock-auction framework.
Diese Geschichte stammt aus der December 19, 2025-Ausgabe von Daily FT.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Daily FT
Daily FT
Marikkar tears into Rs. 500 b Supplementary Estimate
SAMAGI Jana Balawegaya (SJB) MP S.M. Marikkar yesterday tore into the Government's Rs. 500 billion Supplementary Estimate for post-Ditwah recovery in 2026.
1 min
December 19, 2025
Daily FT
SSC certainly mean business
SSC certainly means business the way they have launched their campaign to win the Tier B 3-day league and gain promotion next year to the Major Clubs 3-day league.
1 mins
December 19, 2025
Daily FT
HNB General Insurance wins Gold award in Insurance Sector at National Management Excellence Awards 2025
HNB General Insurance has been crowned the Gold Winner in the Insurance Sector at the National Management Excellence Awards (NMEA) 2025, organised by the Institute of Management of Sri Lanka (IMSL).
2 mins
December 19, 2025
Daily FT
Sampath Bank announces two-year Rs. 20 b capital raising program
SAMPATH Bank PLC has moved to strengthen its Basel III Tier Il regulatory capital through a proposed Rs. 20 billion listed debenture program, to be implemented in phases over the next two years.
1 min
December 19, 2025
Daily FT
Evolution Auto launches Riddara RD6 Active
Auto has officially announced the launch of the Riddara RD6 Active, the country's latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show.
2 mins
December 19, 2025
Daily FT
Tourism levy revenue rises as Govt. pushes unified nation brand and community-centred growth
Tourism Minister Vijitha Herath SRI Lanka's tourism sector is being steered towards a more integrated, communityfocused, and strategically branded future, with revenues from the Tourism Development Levy (TDL) continuing to rise and a renewed policy emphasis on positioning the country under a single national brand, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath told Parliament.
3 mins
December 19, 2025
Daily FT
Colombo Shopping Festival 40th edition officially inaugurated
THE 40th edition of Colombo Shopping Festival was has inaugurated by, Aitken Spence Travels Managing Director Nalin Jayasundera with the participation of event partners and exhibitors.
1 min
December 19, 2025
Daily FT
HNB strengthens national response to Cyclone Ditwah with Rs. 100 m commitment
HNB PLC has contributed Rs. 100 million towards the Rebuilding Sri Lanka Fund, reinforcing its commitment to national recovery efforts following the devastation caused by Cyclone Ditwah.
1 min
December 19, 2025
Daily FT
Economist warns IMF RFI too costly for Sri Lanka
Verité Research Chief warns Sri Lanka poised to repeat past mistakes amid cyclone recovery funding push Argues IMF RFI financing effective rate exceeds 6% and time-based surcharges add further 2.75% after three years IMF Executive Board decides on $ 200 m RFI today
3 mins
December 19, 2025
Daily FT
Appeals Court clears Home LandsPentara project to proceed
Court refuses injunctions with costs, Home Lands continues with Rs. 30-35 b Pentara Residences construction Notes that Home Lands had obtained all necessary approvals from relevant authorities, and engaged in the construction process for several months Project is largest residential development investment, and Rs. 4.5 b land transaction highest in history of Colombo
3 mins
December 19, 2025
Listen
Translate
Change font size

