July 09, 2009 (LBO) – Lanka Bell, a Sri Lankan wireless telecommunications operator, said its investment in an undersea fibre-optic cable had helped increase business and reduce rates. The company said in a statement the rapid expansion of the FLAG (Fiber-optic Link Around the Globe) high-speed submarine cable network has opened up new markets and opportunities for businesses in Sri Lanka.
Lanka Bell said its investment of 27 million dollars to link Sri Lanka to FLAG enables it to offer high speeds and large capacity for voice and data services across all continents.
The number of ‘points of presence’ or international exchanges, on the cable has grown to 87 from 66 in the one year since it was extended to Sri Lanka, Lanka Bell, the cable’s local capacity rights owner, said.
Lanka Bell Managing Director Prasad Samarasinghe said FLAG had also enabled the firm to become a big Internet Service Provider and venture into BPO (business process outsourcing) services such as call centres and international data centres.
The end of the ethnic war will result in more opportunities for business to expand in overseas markets, and FLAG can support such expansion with essential com