Lanka Bell Eyeing Q214 4G Network Launch

News: Lanka Bell, a fixed-wireless telephony and broadband operator that is a subsidiary of Sri Lankan Distilleries Corporation Group, is preparing to deploy 4G LTE services after March 2014 to keep up with its domestic competition, TeleGeography reports. Lanka Bell has recently faced losses due to declining fixed access use in Sri Lanka, while rivals Dialog Axiata and Mobitel have launched LTE services, with Etisalat Lanka close to follow. Lanka Bell's chairman told shareholders of the holding company in its annual report that it will launch the 4G network in the next financial year, which will position Lanka Bell amongst the other next generation telecoms providers in the country.

This article is tagged to:
Sector: Telecommunications
Geography: Sri Lanka, Sri Lanka, Sri Lanka, Sri Lanka

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