Sri Lankan Operator Announced Network Expansion Plans

Sri Lanka's Dialog Telekom has signed an investment agreement with the Board of Investment of Sri Lanka (BoI) to invest a further US$300 million in the country's Telecommunications and Media sectors within the next 2 years.

The investment will be targeted at large scale expansion of services across all regions of Sri Lanka. Associated infrastructure investments would include expansion of the company's GSM and 3G mobile networks, introduction of Value Added Services and the establishment of Broadband transmission networks across the island based on Fibre Optic and Microwave transmission technologies.

The Company will also make substantial investments in the provision of International Bandwidth to Sri Lanka's ICT sector via the SeMeWe4 submarine cable.

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