Category: Technology

Jan 12, 2009 (LBO) – Sri Lankan mobile operator Tigo, a unit of Millicom International Cellular, said it had reached two million subscribers in 2008 after heavy investments to expand its network coverage. The rapid growth in the island’s mobile market has slowed in recent years and increased competition saw all operators lowering prices and […]

Jan 05, 2009 (LBO) – The Sri Lanka unit of Bharti Airtel would launch its operations on January 12, the company said, kicking off a media campaign Monday and taking full page advertisements in local newspapers. BOI said the firm has been approved by the Telecommunications Regulatory Commission and planned to start operations by December […]

BANGALORE, December 29, 2008 (AFP) – Three directors of Indian software firm Satyam have resigned, the company announced Monday as it sought to restore investor confidence in the wake of an aborted 1.6 billion dollar acquisition. Satyam Computer Services Ltd is a leading software consultancy, system integration and outsourcing firm with clients across 65 countries.Krishna […]

PARIS, December 21, 2008 (AFP) – France Telecom said Sunday that repair work has begun on damage to Mediterranean undersea cables that badly disrupted Internet and telephone communications between Europe, the Middle East and Asia.A 64-crew maintenance boat arrived on site, off the coast of Sicily, at 1400 GMT on Sunday following a two-day journey […]

PARIS, December 19, 2008 (AFP) – Internet and telephone communications between Europe, the Middle East and Asia were severely disrupted Friday after three undersea cables were damaged in the Mediterranean, France Telecom said.“The causes of the cut, which is located in the Mediterranean between Sicily and Tunisia, on sections linking Sicily to Egypt, remain unclear,” […]

PARIS, December 20, 2008 (AFP) – A French ship on Saturday took experts to repair broken undersea Mediterranean cables that caused severe disruption to telephone and Internet services across the Middle East and Asia, France Telecom said. But many operators said communications services had improved as alternative routes had been used to carry calls and […]

Dec 16, 2008 (LBO) – Dialog Telecom, Sri Lanka’s largest telco, says the introduction of Blackberry mobile devices has boosted productivity at Brandix, a top apparel firm that has become its largest user. Blackberry allows users to check and respond to mail, download attachments and also use calendars and address books. Dialog says it is […]

Dec 01, 2008 (LBO) – Fitch Ratings has confirmed Sri Lanka Telecom’s ‘B+’ long term foreign currency credit rating, with a stable outlook, and says it is increasing market share in the mobile market, though margins are narrowing. “The company also enjoys a dominant share of the international long-distance and IP and data-related services.” In […]

Nov 28, 2008 (LBO) – Profits of Sri Lanka Telecom (SLT) group, the island’s largest fixed access carrier, fell 31 percent to 1,235 million rupees with revenues growing 4 percent to 11,691 million in the quarter ended September 2008. The stand alone fixed access unit, which excludes the cellular subsidiary Mobitel, saw profits fall 45 […]

Nov 23, 2008 (LBO) – Top Sri Lankan celcos are slashing prices ahead of the entry of a fifth operator to the market, in a street fight that analysts say is set to haemorrhage bottom lines of the entire sector. In the last quarter Mobitel, a unit of fixed access provider Sri Lanka Telecom, and […]

Nov 13, 2008 (LBO) – Sri Lanka’s Dialog Telekom group, a unit of Telekom Malaysia, has reported a loss of 192.4 million rupees for the September 2008 quarter with profits of its core business also falling steeply amid a price-war. But it had lost 921 million rupees over the first nine months. Dialog Television had […]

Nov 07, 2008 (LBO) – Sri Lanka has made a new 10 percent telephone tax technology neutral by extending it from mobile phones to fixed lines as a part of proposals to raise revenue in 2009. The think tank strongly opposed an original state proposal to charge a fixed levy on mobile phones. LirneAsia chief […]