Latest Telecoms News about Sri Lanka

Sri Lankan Mobile Networks in Merger Talks

  Sri Lanka's overcrowded mobile market may see some long expected consolidation with reports that Malaysia's Axiata Group and India's Bharti Airtel are looking to merge their local subsidiaries....

Related Tags: bharti-airtel, axiata-group


Google Balloon Internet to Launch in Sri Lanka Next Month

  The Sri Lankan government has said that it plans to buy a 25 percent stake in the local arm of Google's Project Loon to deliver internet connectivity via balloons....

Related Tags: google, project-loon


Sri Lanka Telco Outlook Improves with New Government Budget

  Fitch Ratings has revised the outlook on Sri Lanka's telco sector to stable from negative as the new budget, introduced in December 2015, has scrapped recurring taxes,...

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Fitch: Sri Lankan Telcos Outlook Negative; Uncertain Tax Regime

  Fitch Ratings has maintained a negative outlook on Sri Lanka's telecom sector. This is based on uncertainty over proposals to increase taxes, which are likely to lower profitability and increase leverage for telcos, if implemented....

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Syniverse Extends LTE Roaming Reach for Dialog Axiata

  Syniverse has expanded its decade-long relationship with Dialog Axiata by providing the Sri Lankan operator with single-connection access to the Syniverse IPX Network Solution....

Related Tags: syniverse, dialog-axiata, lte, roaming


Sri Lanka Mobile Phone Market Touches One Million Mark in Q4 2014

  Sri Lanka mobile device market has observed a surge in sales in CY 2014. Noticeably, the smart phone business has been growing exponentially year-on-year and Q4 2014 was no exception....

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Fitch Affirms Sri Lanka Telecom's debt ratings following tax hike

  Fitch Ratings has affirmed Sri Lanka Telecom's debt ratings, with a stable outlook following changes to the tax regime introduced by the new government....

Related Tags: sri-lanka-telecom, fitch-ratings, hutchison-lanka


Consolidation to Slow Margin Decline for Sri Lankan Telcos

  Over-capacity in Sri Lanka's telecommunications industry could shrink as two weaker operators may exit the sector, which would benefit the remaining players, Fitch Ratings says in a special report....

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Sri Lankan Mobile Operators Launch GSMA Mobile Connect Trial

  Two of Sri Lanka's mobile networks, Dialog Axiata and Mobitel are to launch a beta trial of the GSMA's Mobile Connect service that will allow consumers to access a wide array of digital services by using their phones as devices for authentication....

Related Tags: gsma, dialog-axiata, mobitel


Two Sri Lankan Networks to Share Mobile Money Platform

  Two of Sri Lanka's mobile networks are to share a mobile money platform, after the country's Central Bank approved the plans....

Related Tags: mobile-money, dialog-axiata, etisalat-lanka