Telecommunication Industry In Sri Lanka Case Study

2051 Words5 Pages

INTRODUCTION Background of the study The telecommunication industry is regarded as one of the fastest growing industries in Sri Lanka, with country's most dynamic sectors, contributing significantly both directly and indirectly to investment, employment, productivity, innovation, and overall economic growth. Companies which are in this industry offers many services in line with the latest communication technology and the available services include, fixed access telephones, as both wire and wireless connections, cellular connections, internet and email, pay phones, radio paging etc. In this industry mobile phone market belong a dominant place and it is one of the competitive markets in Sri Lanka. The highly competitive mobile market in Sri …show more content…

Mobile phone industry in Sri Lanka Communication is a field that has shown a vast development during the last few years. Earlier people had to wait for years to get a telephone connection even after paying the relevant deposit. But this has now become a tale of the past and even a manual laborer now owns a mobile phone and due to strict restrictions in the schools only students do not carry a mobile phone with them but, many of the senior students have it with them when they attend private tuition classes. This growth has resulted with many telecommunication companies compete for a market share in Sri Lanka and the Sri Lanka's telephone density has passed the population density. The telephone usage has risen to 13.2 telephones per 100 persons in 2013 (Economic and social statistics of Sri Lanka 2014, Central Bank of Sri Lanka) showing that fixed and mobile connections had overtaken the …show more content…

Nokia has invested heavily into R&D and regard this as its core competence. Nokia has a lead in the mobile phone markets by technologically advanced production and product design. Nokia is the largest mobile phone supplier in Sri Lanka, with a market share of 85% (situation at end of 2012).Nokia?s two production units in China and one located in South Korea primarily produce units for the Asian markets. Nokia achieved their highest sale volume in 2013 December which was 300,000 units. Samsung is currently the second largest mobile phone maker in the world, following Nokia. Sony Ericsson Mobile Communications serves the global communications market with innovative and feature-rich mobile phones, accessories and PC-cards. It was established as a joint venture by Sony and Ericsson in 2001. LG Electronics Korean Consumer Electronics & Home Appliance Manufacturer has started mobile appliance business since 1996. Currently LG MC Company produce CDMA, GSM, WCDMA products and recent success of design based phone concept series Black Label Series boosted its revenue since

More about Telecommunication Industry In Sri Lanka Case Study

Open Document