Category: Technology

July 7, 2008 (LBO) – The Sri Lanka unit of India’s Bharti Airtel hopes to launch its services in the island by the end of the year, a media report said. Margins and profits of mobile operators have been coming down in recent years, with intense competition among the island’s operators. In addition to Dialog, […]

July 06, 2008 (LBO) – A team that was placed second in Australia’s Melbourne Business School’s entrepreneurship competition, led by a Sri Lankan, chose Colombo as the research location since the island has untapped potential, an official said. The team led by Chandika Jayasundara, chief executive officer of Cinergix was placed second in Australia’s entrepreneurship […]

June 20, 2008 (LBO) – An environmental short film by a team from Sri Lanka made it to the top six in Microsoft’s Imagine Cup competition finals, which would be held in July in Paris this year, the firm’s local office said. Sri Lanka’s ˜Team Gènès|pictures’was able to qualify for the finals of the Microsoft […]

June 19, 2008 (LBO) – Sri Lanka’s largest information technology exhibition to be held during a nationally declared ICT week in October will showcase the software hardware and the opportunities for IT enabled services, organizers said.The ninth Infotel Lanka Exhibition is part of the Information Communication Technology (ICT) week which will commence on 27 October. […]

June 18, 2008 (LBO) – Sri Lanka’s national cricket team captain Mahela Jayawardena has gone online with information technology company Cryptodyne to communicate with the island’s youth and raise funds for a cancer hospital project. “The most important thing for me was to communicate with younger kids,” Jayawardena told LBO at the inauguration of his […]

June 12, 2008 (LBO) – Lanka Bell, a Sri Lankan wireless fixed access firm, said its link to a high speed private undersea fibre optic cable operated by India’s Reliance group had gone live, enabling it to offer unrestricted broadband services. The company said in a statement it had already set up the infrastructure for […]

June 9, 2008 (LBO) – Sri Lanka Telecom (SLT), the island’s top fixed access telco said its Malaysian shareholder had appointed new directors after NTT Communications sold out and its representative resigned from the board. NTT with its 35 percent stake was allowed by majority shareholder Sri Lanka government to appoint the chief executive. Sri […]

June 09, 2008 (LBO) – Sri Lankan Airlines is buying database services from IBM World Trade Corporation and is looking to outsource more information technology services, the company said. “¦SriLankan Airlines is exploring the opportunities available for outsourcing certain IT functions, creating further opportunities for players in Sri Lanka’s IT industry¦” the airline’s head of […]

May 30, 2008 (LBO) – Sri Lanka’s wireless operator Lanka Bell has launched wireless broadband services offering hi-speed internet connectivity for home and enterprise users, the company said. “For home users it could be a great aid to education and social interaction.” Lanka Bell says it has a subscriber base of nearly one million. The […]

May 29, 2008 (LBO) – Sri Lanka mobile operator TIGO, a unit of Millicom International Cellular says it’s per second billing and lifetime bonus schemes have helped win consumer loyalty for the brand. In Sri Lanka it shares the market with Dialog Telekom, Mobitel and Hutch. “We will never cheat on our consumers, so that’s […]

May 26, 2008 (LBO) – Sri Lanka Telecom, the island’s top fixed line-operator, March quarter group net profit fell 16 percent to 1,663 million rupees from a year ago as a tariff cut and rising costs took their toll.Sri Lanka Telecom’s full-year group profits for 2007 were up four percent at 5.6 billion rupees. According […]

May 23, 2008 (LBO) – Sri Lankan mobile operator Dialog Telekom said its first quarter net profits fell by more than half after it cut prices owing to growing competition and rising costs took their toll. Despite Dialog TV revenues growing by 187 percent over the same 2007 quarter, it made loss of 114 million […]