Swift Move

From left: Dr. Fernando Im, Senior Country Economist for Sri Lanka and the Maldives, The World Bank, Hon. Eran Wickramaratne, State Minister, Ministry of Finance and Mass Media, Dr. W A Wijewardana, Former Deputy Governor of the Central Bank of Sri Lanka, Prof. Indralal de Silva, Former (Chair) of Demography, University of Colombo, Prof. Amala de Silva, Department of Economics, University of Colombo at the panel discussion on "Demographic Change in Sri Lanka" moderated by Dr. Ramani Gunatilaka, International Centre for Ethnic Studies.

Sri Lankas largest cellular operator, Dialog GSM, got another US$ 90 mn injection from its parent company, Telekom Malaysia Bhd on Thursday.
Thursdays announcement raises Telekom Malaysias investment in its fully own Sri Lankan subsidiary to US$ 200 mn, its Chairman Muhammad Radzi Mansor told a news conference. rn

rnDescribing its Sri Lankan investment as a lquote success story outside Malaysia, Mansor said the bulk of the funds would go towards rolling out the 1800 MHz spectrum.rn

rnMTN Networks, which sells Dialog GSM phones, has 600,000 subscribers spread over nine provinces.rn

rnMTN Networks CEO, Dr. Hans Wijayasuriya says a dual-band GSM 900-1800 frequency will help the mobile operator to double subscriber capacity and improve service. rn

rnBy end 2003, Dialog is looking to swell its subscriber base to 850,000 to 900,000, which in turn makes it the largest telecom network operator in the country.rn

rn”We have the smallest bandwidth, and being the largest provider relying on the smallest