|[November 29, 2012]
Research and Markets: Sri Lanka - Key Statistics, Telecom Market Overview and Forecasts: Mobile Market Moved Quickly Towards 100% Penetration by End-2012
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/3jfz9v/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 rport 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.
Full service operator Dialog Axiata has acquired fixed-line operator
Suntel (News - Alert); 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'
Companies covered in this report include:
SLT, Lanka Bell, Suntel, Dialog Axiata (formerly Dialog Telekom),
Etisalat (News - Alert) Sri Lanka (formerly Tigo), Mobitel, Hutchison Lanka, Bharti
For more information visit http://www.researchandmarkets.com/research/3jfz9v/sri_lanka_key
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