Sri Lanka Telecom, the nation’s premier telecommunications provider, signed an agreement with People’s Bank, this week to provide a total telecommunications solution for the Bank’s Head Office and island wide branch network. The agreement includes the provision of data communication, internet connectivity and voice communications, securely and reliably.

The signing took place between SLT CEO Shoji Takahashi and CEO/GM People’s Bank Asoka De Silva.

Mr. Nalaka Bandara DGM Corporate Sales, SLT gave a power point presentation on the Optical fiber based Metro Ethernet technology offered to People’s Bank.

Celebrating 46 years, People’s Bank, has a customer base of over 10 million accounts incorporating over 10,000 employees. SLT’s high speed connectivity will boost customer service and provide unmatched security.

The solution offered by SLT will also enable the entire People’s Bank network to provide their customer base faster and real time service. Services such as local and international voice, high speed internet connectivity via ADSL, inter branch voice communications system has been agreed upon. SLT’s solution is also capable of carrying voice and mission critical data in a secure manner.

Sri Lanka Telecom (www.slt.lk) is one of the country’s most valuable blue chip companies with an annual turnover in excess of Rs. 40 billion. Whilst NTT Communications Corporation of Japan owns a 35.2% stake in Sri Lanka Telecom (SLT), 49.2% is owned by the Government of Sri Lanka and 15.3% is listed on the Colombo Stock Exchange. The company was also awarded an AAA (Sri) rating by Fitch Ratings Lanka followed by a BB – international rating by Fitch International.

SLT Group has a customer base of over two million including multinational corporations, large and small corporate, retail and domestic customers. Today with NTT Communications of Japan as a strategic partner, SLT provides facilities and services; voice, data, video and mobile to its customers, which are unmatched in scope.