Sri Lanka’s Singer named official Starlink distributor
The Morning: Singer (Sri Lanka) PLC has reportedly been appointed as the official distributor in Sri Lanka for Starlink satellite internet service equipment, which has recently gained regulatory access to the country.
A post on the official Facebook page of Singer (Sri Lanka) has indicated the development, while internal sources expect a formal announcement shortly.
Meanwhile, the official Facebook page of Starlink Sri Lanka has published a statement confirming this.
“We’re proud to announce that Singer Sri Lanka is now the official distributor of Starlink – the world’s leading satellite internet provider. Whether you’re in the city or the most remote village, reliable high-speed internet is now within your reach,” the statement said.
Singer (Sri Lanka) PLC is a publicly listed company owned by Hayleys PLC, which is controlled by prominent Sri Lankan entrepreneur Dhammika Perera. Hayleys PLC holds a 67.13% stake in Singer (Sri Lanka), while Dhammika Perera owns 51.01% of Hayleys.
Starlink, a global high-speed satellite internet provider owned by billionaire entrepreneur Elon Musk, offers cutting-edge internet services through a constellation of low Earth orbit (LEO) satellites. This technology enables data transmission speeds that surpass traditional fibre-optic infrastructure.
OSL take:
Sri Lanka’s ongoing economic expansion and the target of becoming a hub in the South Asian region have all resulted in a steady growth in the country’s digital economy. The Sri Lankan government has also expressed its commitment to transforming the country into an e-economy by launching an aggressive programme aimed at digitalization of all sectors in the country. This move has resulted in the expansion of business/investment opportunities in Sri Lanka’s digitalization programme. These opportunities are manifold and also include the ICT and digital infrastructure development sectors. The growth and profits recorded by local businesses in these sectors and the interest shown by foreign businesses/investors to explore the emerging business/investment opportunities, all indicate the increasing business potential in Sri Lanka’s digitalization drive. With Sri Lanka being identified as an emerging business destination in the region while being poised to achieve regional hub status, foreign businesses/investors could confidently explore the expanding business/investment opportunities in Sri Lanka’s digital economy while also looking at expanding operations through local collaborations.
| Article Code : | VBS/AT/20250813Z_6 |