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Sri Lankan Mobile Market Showing 52% Annual Growth
May 15, 2006
Tremendous growth is indicated in the mobile market in Sri Lanka, as an array of major initiatives have been carried out by the government as well as private firms to support it. The new initiatives will help open up the market for more competition resulting in further growth of the industry. On the other hand, Sri Lanka Telecom is gradually losing its control on an array of services, offering great opportunities for new players to enter in this sector.
The liberalization of market and the growing competition accompanied by the entry of four operators, including Celltel Lanka, Hutchison/Lanka Cellular, Mobitel and MTN/Dialog Telekom, in this sector have contributed in the further growth of the mobile market in Sri Lanka
RNCOS- a leading market research and analysis firm- has come up with a latest market research report named “Asia Pacific Mobile Handset Market Analysis”, which provides an in-depth analysis of every aspect of the mobile market in Sri Lanka. As per the report, “The sudden spurt in the mobile market in Sri Lanka is primarily supported by the facts such as lower mobile line rental costs as compared to land line plus the prices of the handsets have also reduced phenomenally”.
“The fixed-line teledensity in the country was around 7% whereas the mobile market, growing at an annual growth rate of 52%, exceeded 16% in the beginning of 2006”, as per experts. “However, the trend is expected to continue further”, anticipate the experts.
The following are the main features that make this report a must read:
-Comprehensive analysis of the current trends as well as the future prospects of the mobile phone industry of Asia-pacific region.
-Reliable market forecasts, backed by extensive market research and analysis, till the year 2009.
-Discussion of key profiles of key players in this sector.
-Discussion of the strategies and plans taken up by the main companies and operators in this sectors.
-Discussion of various opportunities and challenges before the mobile industry in Asia-pacific region.
-Region wise coverage of the economic background & number of operators in this sector.
For more information visit: http://www.rncos.com/Report/IM034.htm
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