Prøve GULL - Gratis

Redefining Connectivity: How 5G will Shape the Future of Sri Lanka

Business Today Sri Lanka

|

April 2025

Sri Lanka is finally at the cusp of deploying 5G technology, taking positive steps more than five years after it was introduced globally and adopted.

- Jennifer Paldano Goonewardane.

Redefining Connectivity: How 5G will Shape the Future of Sri Lanka

According to Ranga Kariyawasam, Group Chief Technology Officer of Dialog Axiata, the deployment of 5G is a technological upgrade and a strategic enabler that can foster economic growth by attracting foreign investment, encouraging entrepreneurship, and positioning Sri Lanka as a competitive force in the global digital economy. Speaking with Business Today, he elaborated on the tremendous potential that Sri Lanka could reap by embracing the transformative power of 5G, pointing out that Sri Lanka can unlock new development opportunities, create an efficient public service and a more connected and efficient business environment, and solidify its position as a dynamic player in the global marketplace.

What makes Sri Lanka a suitable market for the rollout of 5G?

Historically, our industry has followed ten-year technology cycles, as evidenced by the introduction of 2G in the 1990s, the transition to 3G at the turn of the millennium, and the advancement to 4G around 2010—cycles that Dialog was quick to embrace. The early global deployments of 5G began in 2018, and we are now preparing to deploy it in Sri Lanka. Dialog has a strong track record of technology adoption, from implementing the Global System for Mobile Communications (GSM) with 2G and later 3G, setting a precedent as the first to adopt these technologies in South Asia. That was followed by the deployment of 4G in 2011, coinciding with India’s rollout of the same technology.

However, Sri Lanka is over five years behind the global technology cycle with regard to 5G. While the world has rapidly advanced with 5G, it is no longer considered a new technology. Unfortunately, Sri Lanka is lagging, not only in comparison to global standards but also within the regional context, due to delays in deploying 5G technology.

FLERE HISTORIER FRA Business Today Sri Lanka

Business Today Sri Lanka

Business Today Sri Lanka

SLT Group delivers strong H1 2025 performance with substantial profit growth

The SLT Group reported strong financial performance for the second quarter and first half of 2025, demonstrating continued momentum through significant improvements in profitability and cost management strategies.

time to read

2 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

Piyadasa Kandambi's Fourth Translation unveils Joseph Conrad's 'The Secret Agent'

Piyadasa Kandambi, a veteran lawyer and translator, has released his Sinhala translation of Joseph Conrad's 'The Secret Agent,' titled 'Charapurusha Kathawak' (A Spy Story).

time to read

1 min

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

Strong Capital, Stronger Purpose: DFCC Bank reports solid H1 growth

DFCC Bank reported a Profit Before Tax (PBT) of 7,910 million rupees and a Profit After Tax (PAT) of 5,555 million rupees from continuing operations, up from 7,237 million rupees and 4,654 million rupees last year.

time to read

2 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

Pan Asia Bank posts strong performance with Profit After Tax of over 2.1 billion rupees for H1 2025

Pan Asia Banking Corporation reported an impressive financial performance for H1 2025 amidst diverse challenges emerging from the gradually reviving but challenging macro-economic environment.

time to read

2 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

When AI Joins the Boardroom: The Strategic Rise of GPT-5

At 7.58am, Angela Ruiz, CEO of a multinational logistics company, sat down in her boardroom.

time to read

4 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

Redefining Internal Audit and Strengthening AML Compliance

As Sri Lanka prepares for its upcoming Financial Action Task Force (FATF) review, the country's ability to strengthen Anti-Money Laundering (AML) practices will have a direct bearing on its financial credibility and investor outlook.

time to read

2 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

The Overseas School of Colombo – A Global Learning Community Nurturing Future-Ready Leaders

Nel Capadona is the new Head of School at The Overseas School of Colombo (OSC).

time to read

7 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

NSB records the highest ever Group Profit Before Tax of 25.5 billion rupees in H1 2025

National Savings Bank Group (NSB) reported strong results for the first half of 2025, with a Profit Before Tax (PBT) of 25.5 billion rupees, demonstrating operational resilience.

time to read

2 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

Ajit Doval: The Spy who Shaped India's Security and its Business Future

What does a spy disguised as a beggar in the 1980s have to do with India's USD five trillion economy? Ajit Doval's career reminds us that security and strategy remain the invisible backbone of growth.

time to read

5 mins

September 2025

Business Today Sri Lanka

Business Today Sri Lanka

NDB reports an institutional all-time high PAT of 4.2 billion rupees for H1 2025

National Development Bank announced the results for six-months ended June 30, 2025, reporting a total operating income and pretax profit of 22.3 billion rupees and 8.6 billion rupees respectively.

time to read

2 mins

September 2025

Listen

Translate

Share

-
+

Change font size