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(Pic courtesy: Glassdoor) Sri Lanka has barred the Tamil-owned telecoms company Lycamobile from the bidding of the government’s shares in Sri Lanka Telecom PLC, stating the company 'failed to qualify', leaving only India’s Jio Platforms Ltd and Chinese firm Gortune International Investment in the running.
The Tamil-owned telecoms company Lycamobile has had its former CEO convicted and was ordered to pay a fine of €10 million after being found guilty of money laundering and fraud by a French court last month, just weeks after the company launched a Sri Lankan production arm looking to boost Sinhala-language cinema. The verdict in the Parisian court comes after years of
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