Sri Lanka’s mobile broadband market gathers pace, fixed broadband penetration remains very low
Sri Lanka's internet market will see a moderate growth over the next five years as the market is now moving from 4G towards 5G mobile services, a recently released market report says.
According to the report "Sri Lanka - Telecoms, Mobile and Broadband - Statistics and Analyses", Sri Lanka's telecoms market is relatively small but mature compared to neighboring countries of Bangladesh and Pakistan.
A good start has been made on expansion and provision of supporting infrastructure for telecommunications services.
The fixed line market in Sri Lanka remains underdeveloped due to the dominance of the mobile segment. Further, the number of fixed telephone lines is slowly declining as the mobile segment continues to expand. Overall penetration dropped from 16.3% in 2012 to 11.3% in 2017....