Colombo, July 2 (Daily Mirror) - In a step closer to the introduction of Starlink satellite internet service in Sri Lanka, the Committee on Public Finance has approved Sri Lanka Telecommunications (Amendment) Bill subjected to amendments to ensure consumers are ensured the benefits from advanced telecommunication technology.

The current law is amended in this manner for the first time in 28 years, providing for the regulation of the industry in keeping with advanced technology.

State Minister Kanaka Herath said this bill, if enacted, would provide for regulation of satellite based internet services in the country among others.

A statement from the Parliamentary Media Unit said approval was given when the Committee met recently under the Chairmanship of Dr. Harsha de Silva with the presence of MPs from both sides, Officials representing Attorney General's Department, officials of Technology, Telecommunication Regulatory Commission and other institutions (TRC).

The Speaker recently announced that the Supreme Court has made recommendations regarding the Bill, suggesting that certain sections need to be amended.

Accordingly, the officials who were present stated that amendments recommended by Supreme Courts will be accommodated. They have stressed that the legislation has to be amended to be in line with the technological trends in the globe.

The officials also stated that this Bill was prepared after extensive discussions with all stakeholders in the telecommunication sector in accordance with the accepted standards of the world. Thus, in a more competitive market, there is scope for a regulation that is fair to the consumer.

It was also disclosed that the legislation will provide provisions to introduce a mechanism to provide telecommunication frequencies under a competitive system. Accordingly, the relevant regulations should be compiled by the Parliament and thus the opportunity to introduce the new technology to the telecommunications sector of the country as well as it will be possible to properly regulate the institutions that are involved in the business, the officials pointed out.

It was also disclosed that in addition to the existing telecommunication system licences and frequency licences, 3 other types of licences will be introduced. Accordingly, it will provide provisions to issue licences to companies that provide infrastructure, in addition to the companies that provide telecommunication services. The officials also stated that the powers of the Telecommunication Regulatory Commission will be strengthened through these amendments.

Furthermore, the officials also pointed out that through these amendments, there is an opportunity to give the customer the advantage of reducing tariffs in the market competition. It was also discussed that provisions that have been provided in the legislature to ensure security of undersea telecommunication cables.

The Chair of the Committee emphasised that given the world is changing rapidly with the advancement of telecommunication-related technology, Sri Lanka must ensure its legislation to leverage and benefit from such technology. Furthermore, the Chair of the Committee stated that these amendments will be a more positive step forward to introduce the new technology in the telecommunication sector.

Moreover, de Silva, stated that this Bill is being considered by the Committee on Public Finance to investigate matters related to public finances, market competition and transparency and consumer fairness.

State Ministers Anupa Pasqual, Dr. Suren Raghavan, Members of Parliament Mahindananda Aluthgamage, Harshana Rajakaruna, Premnath C. Dolawatte, Sahan Pradeep Withana, Madhura Withanage were present at the meeting. Officials including, Additional Solicitor General of the Attorney General's Department, Sumith Dharmawardene, Director General TRC Madhusanka Dissanayake were also present.