SGH TowerCo secures TRCSL licence

SGH TowerCo (Pvt.) Ltd, the first Sri Lankan-owned tower company, secured a milestone licence to build and operate telecom infrastructure from the Telecommunication Regulatory Commission of Sri Lanka (TRCSL) recently.  

SGH TowerCo, the telecommunications and network infrastructure arm of Supreme Global Holdings (SGH), yesterday announced that it has been officially granted a Telecommunications Infrastructure Services Licence by the TRCSL. 

Issuing a statement SGH TowerCo said it marks a defining moment for the nation, ensuring that the local ownership and expertise are part of Sri Lanka’s digital future. 

In line with the global leaders in digital infrastructure investment, SGH TowerCo aspires to bring the same values of innovation, sustainability and scalability to Sri Lanka. 

The company is committed to building next-generation connectivity infrastructure that bridges urban-rural divides, promotes inclusive growth and ensures Sri Lanka is prepared for the 5G era and beyond.

SGH TowerCo’s mission is to act as a neutral-host provider, enabling infrastructure sharing across operators, reducing duplication and driving efficiency. This model – proven globally – frees telecom operators to focus on enhancing services while ensuring the nation has robust, future-ready infrastructure.

By leveraging cutting-edge technologies and global partnerships, SGH TowerCo will expand network coverage from bustling cities to underserved rural communities. 

With mobile data demand projected to quadruple by 2028, the company is poised to provide the backbone for Sri Lanka’s digital economy - forecasted to grow from US $ 2.3 billion in 2023 to US $ 15 billion by 2030. Independent tower companies like SGH TowerCo play a pivotal role in accelerating this growth.

Their presence fosters: 

• Faster rollout of networks through shared infrastructure.
• Lower costs for telecom operators, allowing greater focus on innovation.
• Improved service quality and wider reach, including rural areas.
• Stronger foreign and local investment confidence, with global-standard infrastructure solutions.
• A landmark policy shift and recognition of SGdH TowerCo’s Vision

This milestone follows Sri Lanka’s first amendment to the Telecommunications Regulatory Commission Act in 28 years, a historic reform spearheaded by President Anura Kumara Dissanayake, in his capacity as Digital Economy Minister, together with the new government. 

The amendment opens the sector to independent tower companies equipped with the capabilities and vision to drive the next era of growth.