Deadline for RfQ for SLT extended till 12 January

Monday, 11 December 2023 02:55 - - {{hitsCtrl.values.hits}}

The Government has extended the deadline for submission of Request for Qualification (RfQ) for the purchase of controlling stake in Sri Lanka Telecom (SLT) until 12 January 2024.

The previous deadline was 18 December 2023.

The SOE Restructuring Unit (SRU) has ruled out any further extension.

The last date for receiving clarification requests from prospective bidders is 13 December.

SRU hopes the issuance of Request for Proposal; opening of data room and qualified bidders’ due diligence to take place in the first quarter of 2024.

In November, the Finance Ministry issued a notice on RfQ from interested parties to acquire a 50.23% stake in SLT.

Separately the case filed by SLT against the sharing of spectrum via the proposed merger between Dialog Axiata and Airtel will be taken up on 12 December.