Mobile phone dealers decide to reduce retail prices by 20%

10 June 2023 04:15 pm - 10 - {{hitsCtrl.values.hits}}

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Considering the appreciation of the Sri Lankan rupee against the USD, the Sri Lanka Telephone Dealers' Association has decided to reduce the current mobile phone prices by 20 percent.

Association President Samith Senarath said due to the increase in the dollar, the purchase of mobile phones had decreased by 40 percent during the past months.

Instead of buying new phones, people have got used to getting their old phones repaired, he said.

"The prices of mobile phones increased with the increase in the dollar rate against the Sri Lankan rupee.

But with the current appreciation of the Sri Lankan rupee against the USD, the demand for mobile phones have increased again.

However, if the dollar rate increases again, mobile phone prices will also increase, the chairman said.

"As a country, there is no local manufacture of a single mobile phone or accessory. Every part has to be imported from China, Singapore, or Dubai.

All imports have to be made with US dollar payments," he said. (Chaturanga Pradeep Samarawickrama)

Comments - 10

Sunil Saturday, 10 June 2023 04:32 PM

Please reduce price by 50% as quite a portion is smuggled from Dubai by some politicians using VIP lounge of airport. These smugglers get rich illegally and then own big houses in Kollupitiya

Sam Silva Saturday, 10 June 2023 05:27 PM

The little productivity we received will reduce further.

Sivalingam Saturday, 10 June 2023 05:47 PM

90% of mobile phones are smuggled.

Kabir Hashim Saturday, 10 June 2023 05:49 PM

Cartel behaviour, price fixing by every association.

semolina Saturday, 10 June 2023 07:25 PM

These associations are itself is an eyewash... guess most of these phones come through various channels other than official! Most of them won't have seen the color of a tax seal!!! Yet they charge prices with tax. We also have our priorities mixed up.... the need of the hour is not phones or electric vehicles... the need of the hour is to bring down the cost of living for the common person.... bring down food prices, electricity

lester Saturday, 10 June 2023 08:55 PM

Require a copy of TRCL registration of the phone whenever new SIM is purchased to combat smuggled phones. Only exempt foreign passport holders. Disable SIM cards that don't have a TRCL approved IMEI number.

Dee Saturday, 10 June 2023 09:01 PM

Consumer resistance is the key! Take eggs for example, some fools who basically scavenge thru the day thinks that you need an egg a day. I haven’t had an egg for months, not that I can’t afford to buy at 55/- , but I won’t. The nutrition can be obtained by other sources. I feel sorry for those who live by the day still buying fresh chicken in very small quantities at 1400/- a kg. Biscuits! Who needs them as a staple diet? Just stop buying- that’s it! Nice to see some employment generated as sales promoters promoting these stuff at 20-40% discount. My mobile is what I got in 2017. Replaced the battery at almost 20k. Works fine!

Sambo Sunday, 11 June 2023 07:58 AM

You are already earning a profit of over 150 to 200% and you want to reduce by 20%. Typical way of doing business in Sri Lanka.

Jeewaka Sunday, 11 June 2023 08:02 AM

Human greed makes these scavengers thrive more. Use your phone much as u can. LOL prices will come down.

Uzair Asmi Monday, 12 June 2023 10:10 PM

When will it reduce

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Mobile phone dealers decide to reduce retail prices by 20%

Comments - 10

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