Tuesday, January 4, 2011

SLT Vision Com to be disbanded & SLT to take full control of PEO

Three years after its launch & allegations of mismanagement & bribery by its CEO, SLT Vision Com is to be disbanded & SLT is to take full control of PEO TV. It seems the CEO Thushara Weerasooriya has been paying high fees to middlemen to acquire broadcasting rights for foreign channels and failed to secure many channels. After a reexamination of the IPTV investment SLT have decided to take full control of their venture which has put a burden on SLT's operational costs.

We hope that SLT management will take steps to add more foreign channels since it seems that the present Vision Com CEO seems to have made a lot of money by ways of bribes & concentrating more on paying money for people to start local channels to be added to PEO TV.

Sunday Times Jan 2nd 2011 : SLT to assume full management control of PEO TV