Sri Lanka Cricket has re-opened negotiations over rights to the national team's upcoming home series against India after receiving only one bid in the initial tender.
Pay-television broadcaster Ten Sports, which operates in the Indian subcontinent, was the only company to table an offer, of $1.4m (€1.3m).
The series will comprise three Test matches in August and September, and the national governing body was expecting to sell the rights for at least $2m.
A report from the ESPN CricInfo website said that other broadcasters had renewed their interest in the rights after SLC refused to accept Ten Sports' offer.
"I can't tell you how disappointed I was with the quotation we got from Ten Sports," SLC chairman Sidath Wettimuny said. "We were all a bit surprised so I've gone back to them and asked them to look at the figure again, and I'm expecting them to get back to me over the next two days. We have a working relationship with Ten Sports, but I told them that if nothing changes, we'll have to look elsewhere."