SLT-Mobitel reports Rs. 6.5B profit in turnaround year : Deputy Minister

February 27, 2026 at 2:49 PM

Deputy Minister of Digital Economy, Eranga Weeraratne, says Sri Lanka Telecom (SLT) – Mobitel has recorded a profit of over Rs. 6.5 billion last year. 

Addressing the media, he said the institute has been converted into a profit-making entity following a change in management and leadership. 

“SLT-Mobitel was considered a loss-making entity and was facing the threat of being sold. However, it has made a turnaround as a profit-making entity within a year,” he said. 

Deputy Minister Eranga Weeraratne added that the government intends to further develop the state entity. (Newswire)