Sri Lanka Telecommunications Report Q4 2014 - New Study Released
Fast Market Research recommends "Sri Lanka Telecommunications Report Q4 2014" from Business Monitor International, now available
[USPRwire, Fri Aug 29 2014] There is huge growth potential in Sri Lanka's telecoms market despite it having an above 100% mobile penetration rate in end-2013. The mobile subscription figure in Sri Lanka is inflated by multi-SIM rates, as consumers often buy SIMs to take advantage of promotions, or own one from all operators in order to receive lower on-net calling . That said, the key to unlock mobile subscriptions growth is by expanding into under-penetrated areas. BMI believes there is tremendous upside for 3G as well, as the proportion of mobile subscriptions on 3G services are estimated to be less than 10% at the end of 2013. In February 2014, Lanka Bell joined the 4G fray after a commercial launch in Colombo. As more telecoms operators look to introduce 4G LTE services, 3G/4G penetration should improve over the medium term from 6.8% to 14.6% between 2013 and 2018 .
* The telecoms regulator reported 21.4mn mobile subscriptions in March 2014, a 10.6% y-o-y growth. Blended ARPU continued its declining trend in Q114, registering LKR347.0 compare with LKR354 a year ago. We should see improved profitability among survivors if anticipated consolidation in the mature mobile market were to take place. .
Key Trends And Developments
The LTE market in Sri Lanka is developing rapidly. Dialog Axiata was the first operator to launch commercial LTE services for mobile in April 2013 in the capital Colombo, followed by the June 2013 launch by Mobitel, the mobile subsidiary of Sri Lanka Telecom, in seven cities within Sri Lanka.In February 2014, Lanka Bell joined the 4G fray after a commercial launch in Colombo. . BMI believes that a competitive LTE market will benefit consumers and help drive growth in the mobile and broadband markets.
There is limited penetration of fixed broadband services in Sri Lanka, leaving operators vulnerable to competition from high capacity wireless broadband such as LTE. However operators are investing in higher capacity services, which...
The Sri Lanka Telecommunications Report features Business Monitor International (BMI)'s independent industry forecasts on the future strength of Sri Lanka's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.
BMI's Sri Lanka Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Sri Lanka.
Key Benefits
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