Asia ICT

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Chapter | Telecoms & IT from The Report: Sri Lanka 2016

Sri Lanka’s vibrant telecommunications industry has benefitted from two decades of market liberalisation, with five competing mobile operators driving retail tariffs to some of the lowest levels worldwide. End users and operators benefit from the country’s position as a swing point between Europe and East Asia, and its advantageous geographic location atop a host of high-capacity submarine...

Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.

Consistently ranked as a top global destination for business process outsourcing (BPO) and IT, Sri Lanka’s tech services industry has grown substantially in recent years, with high expectations and ambitious targets going forward. 

 

The Thai telecoms sector is transforming in a comprehensive way. Auctions were held in late 2015 that will bring new and powerful technology to the market, introduce much-needed competition to the sector and finally end the problematic concession system, which has created uncertainty and may have discouraged some investment. It is not clear...

 

With the introduction of nationwide 4G services following the late 2015 spectrum auctions, the IT sector in Thailand received a significant boost. Improved connectivity is increasing usage and helping the development of electronic products and services. In particular, an e-commerce boom is gaining steam (see analysis). More local app...

 

In late 2015 two 4G auctions were held in Thailand and three companies, Advanced Info Service (AIS), True and newcomer Jasmine International, were awarded spectrum. With $6.4bn in bids, and an additional player being added to the market, the exercise was seen as a great success. The government will receive a considerable influx of funds, while...

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