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| Sunday, 22 January 2006 |
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Sri Lanka Telecom (SLT) on Wednesday inaugurated the local operations of the SEA-ME-WE 4 [South East Asia (SEA) Middle East (ME) Western Europe (WE)] fibre optic submarine cable project - a multi-regional connectivity resource milestone spanning 20,000 kilometers. The state of the art submarine cable system is built and managed by a consortium of 16 operators representing 15 countries. Over 50 delegates from SLT's consortium partners, many of whom are also regional powerhouses were present. The project, a vast fiscal and developmental undertaking for all the telecommunications companies involved, will lead to a significant increase in regional bandwidth capacity availability, and at the time of completion the project showed a commitment to improve infrastructure in keeping with demand as it was rolled out on schedule. Chief Executive Officer of SLT, Shuhei Anan at the inauguration, reiterated the importance of SEA-ME-WE 4 to the region and SLT. He said that the cable allows Sri Lanka in particular to exploit its geographical location to provide a higher bandwidth requirement in the future. As Sri Lanka is strategically located in the path of any future SEA ME WE cable, this has until now and will continue to allow SLT the opportunity to create substantial value addition. The country as a whole will benefit from this serendipitous cable route as Sri Lanka's competitiveness among global counterparts will increase at the same time as the company's access to higher connectivity, better reliability, improved security and enhanced speed. |
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