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Sri Lanka Telecom (SLT), the country's only integrated telecommunication service provider signed an agreement with Asian Alliance insurance PLC (AAI), one of Sri Lanka's significant players in the insurance industry, to provide communication solutions to enhance its business activities. Speaking on the agreement, Shoji Takahashi,CEO of SLT said:" We are extremely happy to provide a total communication solution to Asian Alliance Insurance PLC.I am assured that or world-class technology will further enhance their ambitious business plans offering real time communication and scalability, especially with regards to meeting future strategic needs."

An agreement was signed to provide total voice communication solutions comprising of a state of the art PABX infrastructure and inter-branch communication system. As a result of this enhancement Asian Alliance will enjoy the facility of seamless connectivity for communication between the head office and its island wide branch network. Broadband Internet and inter branch data communication system via IP/VPN solution which is capable of carrying voice and mission critical data ,Asian Alliance has already hosted their data at the SLT iDC (Internet Data Center)located at SLT head office. Ramal Jasinghe,CEO, Asian Alliance Insurance Company said:" As a company we cater to a growing client base, consisting of corporate and individual clients, offering tailor made insurance solutions. We chose SLT as the reliability that it carries along with the strength of its brand makes a perfect fit for us to provide uninterrupted "real time" services to our clientele. SLT has been around for a long time, and its confidence among the public at large, is very well established. As we are in a confidence based financial service, the blend of the confidence that the Brands"SLT" and "Asian Alliance" brings is indeed a comfort to our policyholders. The high quality technology, as well as its scalability, meets with our business expansion needs. We find SLT as a flexible an a great partner to have on board".

The solution afford by SLT facilitates AAI with direct cost savings through inter branch communication via the corporate network. This communication system makes operations smoother by providing access to a centralized IT network at any given time. Also the system enables communication between the head office and the branch network as well as to provide total security for customer of AAI by hosting business and customer information at SLT internet data Center (iDC).It enhance the capabilities of the customers through the maintenance of online information, customers financial information, the company's investment information, remote access for corporate information, cash collection as well as sales information among others through their real time system.

The solution will enable the company to offer online service to customers such as online insurance guidance, online insurance schemes with partnership of other companies ,as wee as enhancing the business capabilities and processors via SLT's state-of-the- art technology and their world-class communication facilities, which will open new avenues an innovative services for AAI activities and distribution channels.

Sri Lanka Telecom ( one of the country's most valuable blue chip companies with an annual turnover in excess of Rs 40 billion. Whilst NIT communications corporation of Japan owned by the Government of SriLanka Telecom (SLT),49.2% is owned y the Government of Srilanka and 15.3% is listed on the Colombo stock Exchange. The company was also awarded an AAA (Sri) rating by Fitch Rating Lanka followed 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 NIT communications of Japan as a strategic partner, SLT provides facilities and service:voice,data,video and mobile to its customers, which are unmatched in scope, These services range from domestic and international voice, advance data transmission services which include internet service on leased lines,broadbrand {on ADSL} and dial up, data circuits, frame relay solutions to IP services such as IP -VPN based on IP-MPLS technology, total corporate solutions of multiple services and mobile telephony through the fully owned subsidiary Mobitel.

With a view of making Sri Lanka a broad brand island, SLT is in the process of introducing the necessary infrastructure in the form of NGN {Next Generation Networks}using optical fiber backbone and broad band services such as IMS,IPTV etc.SLT also provides high speed global connectivity of countries in the South Asian region through its investment in international submarine cables such as SMW3,SMW4 and the Bharat Lanka submarine cable system [between Maldives and Srilanka]and Srilanka.Newly incorporate SLT Hong Kong Ltd, a fully owned subsidiary of Srilanka Telecom, fully geared to provide services such as IP transit,IPVPN,IPLC and International Voice telecom operations and corporates in Hong Kong.

Publication Dates:
The Bottom Line : 10.10.07
Daily Island : 09.10.07
Daily Mirror : 09.10.07