What is the current Sri Lanka Telecom Tower Market size?

The Sri Lanka Telecom Tower Market is projected to register a CAGR of 3.57% during the forecast period (2024-2029) Read More

Who are the key players in Sri Lanka Telecom Tower Market?

Dialog Axiata PLC, Mobitel (Pvt) Ltd., Hutchison Telecommunications Lanka (Pvt) Ltd., Bharti Airtel Lanka (Pvt) Ltd. and Sri Lanka Telecom PLC are the major companies operating in the Sri Lanka Telecom Tower Market. Read More

What years does this Sri Lanka Telecom Tower Market cover?

The report covers the Sri Lanka Telecom Tower Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sri Lanka Telecom Tower Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Sri Lanka Telecom Tower Market Size & Share Analysis - Industry Research Report

Sri Lanka Telecom Tower Market size & Share Analysis - Growth Trends & Forecast (2024 - 2029)

The Report Covers Sri Lanka Telecom Tower Companies and the Market is Segmented by Ownership (Operator-Owned, Private-Owned, MNO Captive Sites), by Installation (Rooftop, Ground-Based), by Fuel Type (Renewable, Non-Renewable). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Sri Lanka Telecom Tower Industry Overview

The Sri Lanka Telecom Tower market is fragmented, with the presence of major players like Bharti Airtel Lanka, Sri Lanka Telecom PLC, etc. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.

July 2024 - Sri Lanka's Telecommunications Regulatory Commission (TRCSL) is set to construct 276 towers. This initiative is designed to enhance mobile broadband connectivity and aid in the rollout of 5G. These advancements are crucial for the government's ambition to elevate the nation's digital economy to a value of USD 15 billion by the year 2030.
May 2024 - Edotco, an infrastructure subsidiary of Axiata Group based in Malaysia, is currently concentrating on the less regulated, multi-purpose, 5G-ready pole business in Sri Lanka. The company has established over 700 of these sites and achieved a 1.3x tenancy ratio, a key performance indicator (KPI) utilized by tower companies to assess the sharing levels on their towers. With new legislation broadening the market, Edotco and other entities are eyeing Sri Lanka as a lucrative business opportunity.