Sri Lankan Mobile Market Showing 52 per cent Annual Growth

Released on = May 18, 2006, 9:06 pm

Press Release Author = RNCOS

Industry = Telecommunications

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/IM034.html) Mobile market in Sri Lanka is
growing at an incredibly fast pace due to affordable and better services offered by
several vendors in the marketplace.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/IM034.html) 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.

About RNCOS
RNCOS, formed in 2002, offers Market Research Reports via MarketsMonitor for your
business needs and aims to put an end to your information pursuit. Our expertise in
gathering global business information for industry research, corporate training,
growth consulting, and business consulting, brings reputed companies and firms to us
for business enhancement solutions. We can be your one-stop-shop for Industry
research information and niche market analysis.

To purchase your copy: http://www.marketsmonitor.com/category/IM034.html
For more information about the report please visit www.marketsmonitor.com


Web Site = http://www.marketsmonitor.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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