Landing this international cable at Matara will be a key milestone as well as a landmark for the telecom industry of Sri Lanka as well as the whole country.
This is a globe joint venture which is costing US 35 million and involving 14 other countries. The investment from Sri Lanka Telecom towards this joint venture would be Rs. 7 billion.
several other regional countries wanted this landing station installed in their countries but due to professional approach by Sri Lanka Telecom and most importantly the location of Sri Lanka helped to secure this project for Sri Lanka.
The SEA-ME-WE 5 submarine cable system, spanning around 20,000 km, will offer a POP to POP solution from Singapore, all the way to Europe via France and Italy.
In addition to getting foreign exchange by providing services the project when fully loaded, the system would be able to carry 24 terabits per second; the equivalent of transmitting around 4,800 high-definition movies every second.
“This global project will have a positive impact on the overall growth of the country’s economy as high speed broadband environment will encourage higher GDP, enhanced exports, increased productivity, inward migration and modernizing of other sectors.”

















































