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Sri Lanka mobile phone connections exceed population

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Colombo, May 1 (Xinhua-ANI): The mobile telephone users in Sri Lanka have increased rapidly over the year 2011 with more than 105 telephone connections for 100 people, a spokesman said on Tuesday.

According to a Central Bank annual report, telephone connections have increased 5.4 percent and the connection were increased to 21.9 million by the end of 2011, a spokesman from the Central Bank said.

"There is also a considerable increase in the internet connections as new connections have increased by 4 percent over the year 2011," he stated.

He said the increase in the mobile phone use in the country is partly due to the end of three decades civil war in the northern and eastern parts of the country.

Many of the new connections are obtained by those who were in former war affected parts of the country and the competition in the mobile telephone connection providers has also increased the number of new connections in the country.

A recent study also revealed that the use of mobile phones has grown rapidly among the poor in Sri Lanka and the mobile phone has become an almost indispensable business tool among small entrepreneurs and farmers. (Xinhua-ANI)
http://www.newstrackindia.com/newsdetails/2012/05/01/264-Sri-Lanka-mobile-phone-connections-exceed-population-.html

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

Sri Lanka has more mobile connnections than people!

Explain the logic to me. Why do people have more than one connection? Is it because we like to talk so much?

Fresher


Moderator
Moderator

Antonym wrote:Sri Lanka has more mobile connnections than people!

Explain the logic to me. Why do people have more than one connection? Is it because we like to talk so much?

sim cards became something like a commodity some time back (specially when airtel entered)

Most people have more than 1 sim. some use 2 sims for various legitimate reasons but many don't use.

difficult to measure the growth using this metric.

nuwan573573


Stock Trader

and also dual SIM phone usage

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I have more than 5 sims. But only work 2. Others have been disabled because they were not used more than 3 months.

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