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Sri Lanka - Telecoms, Mobile and Broadband - Statistics and AnalysesNEW YORK, Nov. 8, 2017 /PRNewswire/ -- Sri Lanka's mobile broadband market gathers pace Read the full report: https://www.reportlinker.com/p04175347
By offering an effective and efficient alternative to the fixed-line networks, with their chronic problems in meeting the general demand for telephone services, the mobile phone has become an essential service and has grown strongly. The development of the internet remains of particular concern for Sri Lanka. Coverage and accessibility remains limited and the sophistication of the available services generally remained low. Fixed broadband penetration in Sri Lanka remains very low mainly due to the dominance of the mobile platform. Also, the limited and declining number of fixed lines is restricting more widespread development of fixed broadband. However, the market has grown strongly over the past five years from a very small base with penetration increasing from 1.7% in 2012 to 4.7% in 2017. Over the next five years to 2022 strong growth is expected to continue. Ongoing growth in the telecoms market is likely to be spearheaded by data services (from both mobile and fixed sources). Demand for broadband data services driven by 4G adoption and increased smartphone penetration should drive reasonably strong growth in the local market over the next few years. The market is now moving from 4G towards 5G mobile services. Dialog Axiata carried out a 5G' network capability trial with technology partners Ericsson and Huawei in Colombo. The availability of e-commerce applications including mobile banking, e-bus ticketing, and mobile points of sale (POS) continues to increase. Key developments: Moderate growth is predicted over the next five years for Sri Lanka's internet market. The market is now moving from 4G towards 5G mobile services. Fixed broadband penetration in Sri Lanka remains very low mainly due to the dominance of the mobile platform. Sri Lanka has seen a very strong increase in mobile broadband penetration over the past five years. The availability of e-commerce applications continues to increase. Companies mentioned in this report: __________________________ View original content:http://www.prnewswire.com/news-releases/sri-lanka---telecoms-mobile-and-broadband---statistics-and-analyses-300552420.html SOURCE Reportlinker |