Alcatel-Lucent has a clear role to play in helping developing economies get connected with the global digital world, and that connection can have a significant impact on rising GDP, according to the company’s Asia Pacific President Mr. Rajeev Singh-Molares, who met the Sri Lankan media last week.
Mr. Singh-Molares who holds the chairmanship of the World Economic Forum’s Global ICT Agenda referred to a World Bank study that claims a 10 % increase in mobile penetration leads to a one percent increase in low medium income GDP. "But is this relationship between GDP and mobile growth set, or can we accelerate it? According to a model developed by Alcatel-Lucent’s Bell Labs and the World Economic Forum, with the right combination of actions and investment, we can accelerate the impact of mobility by as much as 36%, measured in GDP,” he said according to a press release issued by the company.
He said this model predicts how mobile policies, applications, technology, and economics can impact the future. “The team found that while mobile broadband is a good thing for economic and social growth, when we combine it with the right applications it gets even better. Mobility is about a lot more than being able to move around with a phone. It is about giving people access to services, information and markets. In short it is about giving people the ability to do more," said Mr. Singh-Molares.
Alcatel-Lucent’s Managing Director for Sri Lanka & the Maldives, Upendra Samaratunge said that the company’s association with Sri Lanka started over three decades ago when the first digital exchange was supplied by them. “Since then we have been a major part of the telecom and infrastructure growth in Sri Lanka. We are a key supplier to the major operators here having installed End to End 2G and 3G mobile networks. Alcatel-Lucent has also connected Sri Lanka to the rest of the world by installing the South East Asia-Middle East-Western Europe undersea cable network”.
Mr. Samaratunge added that Alcatel-Lucent Sri Lanka has doubled its revenues in Sri Lanka YoY. “We see huge potential in 2012 and beyond in Sri Lanka, not only in telecommunications but in the public sector such as railways and public safety”. |
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