"This reduces the length of the copper connection with a resultant significant increase in reliability, quality and broadband data speeds," SLT said in a statement.
"Reducing the copper cable lengths not only improves reliability, but will reduce maintenance and replacement costs.
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"Through this programme SLT has already brought ultra high speed broadband connectivity at speeds of up to 20Mbps (megabits per second) for many of its fixed customers."
The first phase of the project, which has just been completed has added 40,000 new broadband circuits to the network.
"We are delivering against our strategy to evolve a world class broadband access network accessible to all Sri Lankans, to increase broadband penetration, which directly contributes to economic growth of the country," Greg Young, chief exe