Sri Lanka’s internet subscriptions, including mobile connections, have reached 26 million by mid-2024, marking a 19% year-over-year growth. This rise reflects increased demand for digital services, spurred by the Covid pandemic. By 2024, 3G coverage is expected to reach 97.8%, and 4G coverage will hit 100%.
Sri Lanka’s data consumption surged by 11% in 2024, with mobile data making up nearly 69% of the total consumption. Despite a 6% decline in fixed broadband subscriptions, mobile broadband continued to grow. Over half the population actively uses platforms like WhatsApp, Facebook, and YouTube, highlighting the shift to mobile data.
The company achieved a net profit in Q3 2024, compared to a net loss in the same period last year. This positive trend continued for the nine-month period as well.
The program leverages the e-BMD electronic database system, allowing for efficient processing and issuance of certificates through overseas missions.
The plans offer various options to suit different budgets and usage patterns, ensuring inclusivity and accessibility for all.
Salesforce is enhancing its commitment to digitally transform businesses in Sri Lanka by leveraging AI technology, aligning with the country’s 2030 vision for a digital economy. The launch of Agentforce aims to revolutionize customer experiences and drive efficiency for leading Sri Lankan companies across various industries.
Port City Colombo is working to establish Sri Lanka as a leading tech hub in South Asia, with 40 global IT companies already onboarded. The initiative supports the government’s goal of creating a $15 billion digital economy by 2030, fostering innovation and investment in the country’s tech sector.
SLT-Mobitel is set to host Sri Lanka’s first-ever TM Forum event, TelcoNEXT, on October 29, 2024. The gathering will bring together telecom leaders and experts to discuss digital innovation, challenges, and strategies for growth. The event aims to strengthen collaboration within the industry and enhance Sri Lanka’s digital economy.
Ten Sri Lankan ICT startups will showcase their innovations at GITEX Expand North Star 2024 in Dubai, facilitated by the EDB and Sri Lanka Consulate General. The event aims to boost international visibility and partnerships while promoting Sri Lanka’s tech capabilities on the global stage.
Industry experts are urging Sri Lanka to strengthen its digital presence to boost its tourism sector. Despite past crises, the country is well-positioned to capitalize on Asia’s growing hospitality market. Emphasizing coordinated efforts between authorities and private brands, stakeholders highlight the importance of enhancing digital tourism to attract more travelers and increase revenue.
