Sri Lanka Telecom (SLT) has reported consolidated net profits across its fixed and mobile divisions of LKR1.027 billion (USD9.2 million) in the three months ended 30 September 2010, turning around a net loss of LKR189 million in the same period of 2009. Fixed line and broadband net profit reached LKR551 million in the third quarter of 2010, up from LKR298 million a year earlier, despite divisional revenues slipping by 1% year-on-year to LKR8.58 billion. Including mobile operations (Mobitel), consolidated quarterly group revenues rose 4% y-o-y to LKR12.7 billion. Group CAPEX was reduced significantly in the first nine months of the year, to LKR4.5 billion, down from LKR13.3 billion in 9M09.
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