The Sri Lankan government has pre-qualified Jio Platforms Limited to bid for a stake in Sri Lanka Telecom PLC (SLTMobitel). The other entity that has been qualified is China-based Gortune International Investment Holding.
Sri Lanka had invited applications from potential bidders for Sri Lanka Telecom by November 10, 2023, and Jio Platforms was one of three companies that expressed interest in buying a stake in the firm. The Sri Lankan government, on January 12, 2024, issued a release where it named Jio Platforms as one of the potential bidders for the national telecom company.