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TMCNet:  Sri Lanka - Key Statistics, Telecom Market Overview and Forecasts: Mobile Market Moved Quickly Towards 100% Penetration by End-2012

[November 29, 2012]

Sri Lanka - Key Statistics, Telecom Market Overview and Forecasts: Mobile Market Moved Quickly Towards 100% Penetration by End-2012

(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/dssr37/sri_lanka_key) has announced the addition of the "Sri Lanka - Key Statistics, Telecom Market Overview and Forecasts" report to their offering.



Sri Lanka's telecommunications sector has had to contend with a developing market in the difficult context of a nearly two-decade-long conflict between the government and separatist Tamil Tiger rebels. With the end of the war in 2009 has come the hope of an enduring peace and a general improvement in the country's social and economic well-being. This also found the telecom sector well positioned for vigorous growth. As this report describes, there are a range of major initiatives in place that should boost the building of national infrastructure and open the market to more competition. Sri Lanka Telecom losing its monopoly in a number of key areas earlier on led the way and since then the market has progressively been opened up to more and more competition. The presence of foreign investors has been a positive factor in the growth in the market. In the meantime, a mobile penetration of just over 90% coming into 2012 suggests there is more room for growth in that market segment; fixed-line subscriber growth is stagnant, with little chance of revival; and broadband internet is finally starting to grow strongly from a low base. As well as providing an overview of the telecom market in Sri Lanka, this report provides a range of key statistics for the sector plus scenario forecasts for fixed-line growth.

Key developments: Full service operator Dialog Axiata has acquired fixed-line operator Suntel; SLT launched another major optical fibre project in 2011. Fixed wireless service constituted 74% of total fixed line services by June 2011. The local economy is growing at around 7% in the post-conflict' period.

Companies covered in this report include: SLT, Lanka Bell, Suntel, Dialog Axiata (formerly Dialog Telekom), Etisalat Sri Lanka (formerly Tigo), Mobitel, Hutchison Lanka, Bharti Airtel Lanka.

For more information visit http://www.researchandmarkets.com/research/dssr37/sri_lanka_key CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Telecommunications and Networks (http://www.researchandmarkets.com/categories.asp cat_id=20&campaign_id=dssr37) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

(c) 2012 M2 COMMUNICATIONS

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