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CSE:SLT 8 August 2025

Complete Guide to Internet Access in Sri Lanka: Fiber, 4G, and Satellite Expansion

Complete Guide to Internet Access in Sri Lanka: Fiber, 4G, and Satellite Expansion

Sri Lanka reported 29.3 million mobile subscriptions in early 2025, surpassing its population. The government paused Starlink’s nationwide satellite broadband rollout in March 2025, citing security concerns. 4G LTE covers nearly the entire population, while rural internet penetration reached 56% in 2024. Mobile data costs about $0.25 per GB, among the lowest globally.
8 August 2025

Stock Market Today

  • Quarter 4 Review: Applied Materials vs Semiconductor Manufacturing Sector Performance
    March 20, 2026, 8:54 PM EDT. Q4 earnings for semiconductor manufacturing stocks reveal strong sector momentum, led by Applied Materials and peers. Applied Materials (NASDAQ:AMAT) posted $7.01 billion in revenue, down 2.1% year-on-year but beating analyst expectations by 1.8%, with upbeat guidance fueled by AI industry investments. The stock surged 9.3% post-results, now trading at $358.81. Teradyne (NASDAQ:TER) topped the group with 43.9% revenue growth to $1.08 billion, surpassing forecasts by 11%, its stock climbing 21.9% since reporting. The overall group of 14 semiconductor manufacturing stocks beat revenue estimates by 3%, with shares rising an average 3.6%. Market watchers highlight ongoing demand from AI, 5G, and smart vehicle sectors driving equipment needs amid chip fabrication complexity.
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