Standard & Poor's ratings agency in a report on emerging Asia's telecom industry has stated that Sri Lanka, along with Pakistan has the highest country risk followed by Indonesia and Bangladesh."From a regulatory perspective, we view the greatest risk to telecom operators to be in Bangladesh, India, Pakistan, Sri Lanka, and Thailand, although proposed reforms could help to moderate risks in some of these markets, such as India and Thailand," it said.
Standard & Poor's said it expects competition to remain stiff across most of emerging Asia's telecom markets, particularly in Bangladesh, Pakistan, and Sri Lanka. "We also see a high degree of telecom regulatory risk in Bangladesh, India, Pakistan, Sri Lanka, and Thailand, although proposed reforms could temper risks in some of these markets."The rating agency said it expects the region's telecom companies will maintain low borrowings to moderate these risks and support their credit quality in the next few years.
Source: http://www.dailynews.lk/?q=business/lanka-telcos-high-risk-category
