How big is the Sri Lanka Telecom Market?

The Sri Lanka Telecom Market size is expected to reach USD 1.45 billion in 2024 and grow at a CAGR of 6.80% to reach USD 2.15 billion by 2029. Read More

What is the current Sri Lanka Telecom Market size?

In 2024, the Sri Lanka Telecom Market size is expected to reach USD 1.45 billion. Read More

Who are the key players in Sri Lanka Telecom Market?

Dialog Axiata, Airtel, Hutchison Telecommunications Lanka (Hutch), SLTMobitel and Lanka Bell are the major companies operating in the Sri Lanka Telecom Market. Read More

What years does this Sri Lanka Telecom Market cover, and what was the market size in 2023?

In 2023, the Sri Lanka Telecom Market size was estimated at USD 1.35 billion. The report covers the Sri Lanka Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sri Lanka Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Sri Lanka Telecom Market Share

Statistics for the 2023 & 2024 Sri Lanka Telecom market share, created by Mordor Intelligence™ Industry Reports. Sri Lanka Telecom share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Sri Lanka Telecom Industry

Sri Lanka's telecom market is moderately fragmented due to ongoing partnerships and recent advancements. Some major players in the market studied include Dialog Axiata, Airtel, Hutchison Telecommunications Lanka (Hutch), SLTMobitel, and Lanka Bell.

In October 2023, Dialog Axiata completed the first-ever Voice over New Radio (VoNR) service trial on a 5G standalone trial network in Sri Lanka. This marks the first implementation of voice-over 5G in Sri Lanka, showcasing the technology with Huawei providing the infrastructure for the project.