Friday, June 6, 2014

Dialog to commission submarine cable by end 2014

Dr. Hans Wijayasuriya warns capability of telecommunication sector to deliver economic returns in the medium term is at risk unless structural corrections in industry pricing and cost structures are implemented - See more at: http://www.nation.lk/edition/biz-news/item/29757-dialog-to-commission-submarine-cable-by-end-2014.html#sthash.iV6Wt84x.zcyf75q4.dpuf
Dr. Hans Wijayasuriya
 Sri Lanka’s Dialog Axiata PLC, which entered into an agreement with the Bay of Bengal Gateway (BBG) Consortium to land a high capacity submarine cable through a Cable Landing Station to be located in Colombo last year, will commission the submarine cable and cable landing station in the fourth Quarter of 2014, a top official has announced.

Addressing shareholders at the release of the firm’s Annual Report 2013, Director/Group Chief Executive of Dialog Axiata Plc, Dr. Hans Wijayasuriya said that the investment is being made focusing ahead on the imperative of establishing a robust pipe to the Global Internet with capacity and speed commensurate with the burgeoning demand for Broadband services projected going forward.


“Dialog’s investment in the new high speed submarine cable and cable landing station will trigger the single largest infusion of International Bandwidth to Sri Lanka to date. The BBG cable will link Sri Lanka to high capacity Internet hubs in Singapore and India and to onward submarine cable pipes to Europe and the USA,” Dr. Wijayasuriya pointed out.

He noted that Dialog’s investments in Terrestrial (National) and Submarine (International) Fibre Optic infrastructure will combine with its fourth generation LTE customer access networks to deliver affordable and widely available High Speed Broadband services to businesses and consumers across Sri Lanka.