The ITN channel is the flagship television channel of ITN Ltd. ITN further operates three FM radio stations; ITN FM (Former Lakhanda), the Sinhala language service; Vasantham FM, the Tamil language service and Prime Radio, the English language service. Vasantham TV, a second television channel operated by ITN Ltd, broadcasts content in the Tamil language. ITN recently launched a website ITN News, which is an online portal for the distribution of local news internationally.
ITN channel is also the first 1080p full HD television channel in Sri Lanka. The ITN Ltd has invested Rs. 200Mn on the construction of the country's first HD studio complex and started high resolution broadcasting since 30 June 2016.
ITN Ltd commenced operations on 13 April 1979 with the introduction of the ITN television channel. As the first television broadcasting service of Sri Lanka and South Asia they began transmission of the first terrestrial television channel in the country. It was also the first privately owned television station in a region where government was in control of radio and television. The founding board of directors was composed of Mr. Shan Wickramasinghe, Mr. Anil Wijewardene and Mr. Bob Christie. Initially the ITN Ltd studios and transmission station were based in Pannipitiya. A single Kilo Watt (1K.W) transmitter and 65 ft. transmission tower were used to broadcast the ITN channel within a fifteen (15) mile radius of the city of Colombo. Due to the geographical location of the transmission station, local weather and the transmission equipment used early viewers experienced many disruptions and interference to programmes as a result of voltage fluctuations.
On 5 June 1979 ITN Ltd was acquired by the state as a business undertaking under a Competent Authority. The duly appointed authority, the late Mr. D. Thevis L. Guruge (ex-Director General of the Sri Lanka Broadcasting Corporation) contributed significantly to the early development of the organisation. ITN Ltd was the pioneer of colour television transmission in Sri Lanka. On 5 June 1984 ITN Ltd relocated to its current base of operations in Wickramasinhapura. In 1992 ITN was converted to a public company with the state as the major share holder of the company. Subsequently, the revenue, the diversity of programmes, technical services and coverage expanded significantly.
Lakhanda and Vasantham FM are two of the three FM radio stations operated by ITN Ltd. The Lakhanda radio station which originated as a subsidiary of the Sri Lanka Broadcasting Corporation (SLBC) was amalgamated with ITN Ltd on 1 April 1997. This radio station broadcasts content in the Sinhala language. Vasantham FM is a FM radio station also operated by ITN Ltd which broadcasts content in the Tamil language. This radio station was launched in June 2009 to fulfill the media requirements of the Tamil speaking community within Sri Lanka.