Establishing a trilingual media landscape
MTV Channel (Pvt) Ltd, MBC networks (Pvt) Ltd, were set up by The Capital Maharaja Organisation in 1992 as a joint venture project with Singapore Telecom International. The Station was established to spearhead the Groups entry into the media and communication sector. The operations commenced in 1992.
STI Divested its shares in 1998, but the operation continued to grow and is now Sri Lanka’s largest Electronic Media network by far, boasting 5 independent FM Radio channels and 3 free to air terrestrial TV channels.
The signing of the agreement with a senior member of Singapore Telecom.