Bharti Airtel Lanka, part of Indian telecom giant Bharti Airtel, did not participate in the 4G spectrum sale held Colombo Thursday.
director general of Sri Lnaka's Telecommunications Regulatory
Commission, Anusha Palpita, said that only three of the island's five
mobile operators took part in the competitive bids.
Dialog Axiata was the successful bidder, Palpita said. Mobitel and
Etisalat were other two participants in the sealed-bid process. The
Lankan government had set the floor price for bids at 800 million Lankan
Airtel Lanka, the last entrant to the growing mobile telephone market, was not available for comment.
A spokesperson of parent company Bharti Airtel in New Delhi declined to comment.
"We raised a sum of rupees 3.28 billion from the sale of LTE mobile spectrum. This sum was higher than expected," Palpita said.
deployment will usher the country into a new era of advanced wireless
services including fast high capacity mobile broadband with wide spread
coverage", Palpita added.
Sri Lanka's current number of mobile phones far exceeds its 20 million population the data shows.
Bharti Airtel offers 4G services in six Indian cities, including Kolkata, Bangalore and Chandigarh.