We are getting reports of an advertisement on Page 37 of today's Daily News stating that the transfer of the shares of Comet Cable has been halted by the Southern Development Authority because the license used by Comet Cable belongs to them.
We are not sure to which party the transfer of shares was to take place. However Comet Cable which is already troubled due to their outdated technology as well as a sure increase in competition from soon to be launched cable television providers owned by Dialog (CBNsat) as well as Sri Lanka Telecoms cable television and the others that may be on the cards.
We hope that Comet Cable will be improved soon since it is a shame to see the pioneer cable television company in Sri Lanka going through all these troubles.
We are not sure to which party the transfer of shares was to take place. However Comet Cable which is already troubled due to their outdated technology as well as a sure increase in competition from soon to be launched cable television providers owned by Dialog (CBNsat) as well as Sri Lanka Telecoms cable television and the others that may be on the cards.
We hope that Comet Cable will be improved soon since it is a shame to see the pioneer cable television company in Sri Lanka going through all these troubles.
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