Skip to main content

Nokia and Sri Lanka Telecom deploy next generation fiber network to bring ultra-fast broadband access to customers across the country

Press ReleaseNokia and Sri Lanka Telecom deploy next generation fiber network to bring ultra-fast broadband access to customers across the country
             
SLT first to bring 10Gpbs broadband service to customers in Sri Lanka using Nokia’s next-generation fiber technologyNokia solutions extend SLT fiber network to cover more than 200,000 customers15 July 2020Colombo, Sri Lanka – Sri Lanka Telecom PLC (SLT), one of the leading telecom service providers in Sri Lanka, will deploy a fiber-to-the-home (FTTH) network based on Nokia’s fiber technology. Supporting its accelerated fiber initiative, the deployment enables SLT to bring new, high-speed broadband services to more than 200,000 enterprise and residential users across the country.SLT is rapidly enhancing its broadband footprint in Sri Lanka to better respond to growing ultra-broadband demand from customersi. With Nokia’s fiber solution, SLT can provide customers with high symmetrical download and upload speeds along with new enhanced broadband services supported by next generation XGS-PON technology. The solution will future proof SLT’s network by enabling it to evolve to virtualization and Software Defined Access Networks (SDAN) by software upgrade.Kiththi Perera, Chief Executive Officer at Sri Lanka Telecom PLC, said: “We are pleased to partner with Nokia to bring unparalleled data speeds to our enterprise and residential users. By fully utilizing the fiber-technology, we are looking to expand our customer offerings and provide access to a platitude of broadband-based services. Together SLT and Nokia will continue working towards the ultimate goal of improving broadband connectivity in Sri Lanka.”Upendra Samaratunge, Managing Director at Nokia Sri Lanka & Maldives, said: “We are excited to support SLT’s fiber initiative and provide the tools, resources and expertise that the company needs to deliver enhanced broadband access to customers. Our fiber solutions and XGS-PON technology will help SLT build a future-ready network capable of catering to ever-growing data demands.”Did you knowNokia holds #1 position in next-generation PON (XGS-PON) worldwide (Dell’Oro 1Q2020)Nokia has 26 XGS-PON and 300 GPON deployments worldwideResourcesWeb page : Nokia Next-generation PONWeb page : Nokia Fiber (FTTH), Accelerate into Gigabit fiberAbout NokiaWe create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com  and follow us on Twitter @nokia.Media Inquiries:Nokia
APAC Media Relations
Cordia So
Phone: +852 97475873
E-mail: cordia.so@nokia.com
iFitch Ratings outlook for Sri Lankan telecom market

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.