Synopsis
Sri Lanka’s telecom sector has seen considerable expansion in recent years, although from a relatively small base. After the liberalisation of telecom sector in 1991, the process was further accelerated when Sri Lanka Telecom (SLT) was part privatised in 1997 and then subject to an IPO in 2002/03. SLT, the provider of basic telephone services in Sri Lanka, started to lose its monopoly status in 1996. The number of fixed-line telephone service operators in the country grew to three, then four, and, together with the country’s four licensed mobile operators, by mid-2009 more than 60 other companies had started providing a variety of telecommunications services around the country. This report looks at SLT and some of the other leading players in the market.