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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Unlocking Potential: EDOTCO Applauds TRCSL’s Progressive Telecom Reforms in Sri Lanka

August 7, 2024
in Business
Reading Time: 14 mins read
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Sri Lanka stands on the cusp of a telecommunications revolution, heralded by recent
progressive reforms spearheaded by the Telecommunications Regulatory Commission of Sri
Lanka (TRCSL). These reforms, facilitated by amendments to the Sri Telecommunications
Act No.25 of 1991, mark a significant leap forward in elevating the country’s telecom
landscape and aligning it with global standards.


The latest amendments expand licensed categories to include infrastructure, enabling the
establishment of tower companies and neutral host networks. This is not merely a
regulatory change; it is a strategic move poised to transform the nation’s digital
infrastructure. As a key player in the telecom infrastructure industry, EDOTCO Services
Lanka (Private) Limited (EDOTCO Sri Lanka) commends the TRCSL for its visionary leadership
in driving these changes.


During a recent courtesy visit, EDOTCO Sri Lanka’s Country Managing Director, Mr. Gayan
Koralage, lauded the Director General of TRCSL, Mr. Madhushanka Dissanayake, for his
pivotal role in these reforms. The amendment also replaces outdated regulations that have
been in place for nearly three decades, paving the way for a contemporary and efficient
telecommunications system. This modern regulatory framework is a testament to Sri
Lanka’s commitment to embracing technological advancements and fostering an
environment conducive to growth and innovation.


Sri Lanka’s broader economic recovery strategy, which includes attracting foreign direct
investments (FDIs) as part of the International Monetary Fund (IMF) relief program, finds a
robust ally in these reforms. The liberalization of the telecom sector is anticipated to draw
global investors, bringing in much-needed capital and expertise. This influx is not only
crucial for developing the island’s digital infrastructure but also for catalysing overall
economic growth and recovery.


Mr. Gayan Koralage, Country Managing Director, EDOTCO Sri Lanka, said, “The legislative
and regulatory shift towards introducing tower companies and neutral host networks as
integral components of the telecommunications industry is a substantial step towards
fostering a more competitive and dynamic sector in Sri Lanka. By allowing multiple
operators to share infrastructure, consumers will benefit from reduced costs, improved
service quality, and expanded network coverage. This is particularly vital in a geographically
diverse landscape like Sri Lanka, where maintaining consistent and reliable connectivity
across both urban and rural areas is challenging.”


Mr. Madhushanka Dissanayake, the Director General of TRCSL, added, “The timing of this
development is crucial as Sri Lanka prepares to host its first 5G Summit on August 7th in
Colombo. The summit will serve as a platform for industry leaders and experts to discuss
various 5G commercial models across the Asia-Pacific region. Key topics will include
strategies to reduce the ‘cost per GB’ and ways to fuel the digital economy. With these new

EDOTCO Internal

regulations, Sri Lanka is well-positioned to become a hub for technological innovation and
digital transformation in the region.”
In conclusion, the TRCSL’s progressive reforms mark a pivotal turning point for Sri Lanka’s
telecommunications sector. By adopting modern regulations that foster investment, the
country is poised to enhance its connectivity infrastructure, drive economic growth, and
secure a prosperous future in the digital age.

Photo captions:
L to R: The Director General- TRCSL, Mr Madhushanka Dissanayake and Country Managing
Director- Edotco Services Lanka Private Limited, Mr Gayan Koralage

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