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Sri Lanka’s SLT invests $40mn to connect Sri Lanka to global
10 Oct, 2014 17:49:13
Oct 10, 2014 (LBO) –Sri Lanka Telecom said it would invest 40 million US dollars to build new submarine cable system which connect Singapore to Europe via Sri Lanka.
“The gigantic capacity derived through this new cable system would facilitate the exponential growth in demand for data both locally and internationally and thereby would enable Sri Lanka to leverage on its strategic geographical location in developing the regional hubs as envisioned by the government of Sri Lanka,” Lalith De Silva, Group Chief Executive of Sri Lanka Telecom said.

“This initiative will be one of the key enablers in achieving the expected socio-economic growth in the country and would accelerate the move towards an inclusive digital economy and a SMART Sri Lanka.”

The cable will span approximately 20,000 kilometres from Asia Pacific to Europe via Sri Lanka which will be landed in Matara in the island's south.

The cost of the full length project is estimated as 570 million US dollars by the SMW5 consortium with a 14 global operator partnership.

With telecom traffic growing fast existing cable systems such as SEA-ME-WE 4 are getting heavily loaded, SLT said.

The cable knitting together 17 countries can carry 24,000 Giga bits per second (24 Tera bits per second), which is equal to transmitting 4800 high-definition movies every second.

Silva said as SLT’s major traffic routes are connected to key destinations in Europe, Asia Pacific and Indian regions, the upcoming SEA-ME-WE 5, would boost country’s international transactions many fold.

“SEA-ME-WE 5 has the capability to handle traffic from the cable starting point to its end - from Singapore to France - with lightning speeds of less than 90 milliseconds which in fact is the fastest speed achieved interconnecting Asia pacific to Europe,” Silva stated.

“Another important feature of this cable system is the facilitation of POP to POP connectivity with no barriers,”

“This will enable operators to connect with the required POP directly from the landing point at no extra cost, thereby offering cost benefits to operators that opt to connect to Sri Lanka via the SEA-ME-WE 5 cable.”

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