Category: Technology

Feb 18, 2008 (LBO) – Sri Lanka’s Dialog Telekom group December quarter profits fell 35 percent despite revenue climbing 26 percent as losses from its pay TV business and thinner margins on mobile operations took their toll. Group net profits fell to 1.6 billion rupees from 2.5 billion in the December quarter on revenues of […]

Feb 11, 2008 (LBO) – Sri Lanka’s top mobile operator Dialog Telekom says its third generation network will be used to provide live newsfeeds for Sri Lanka’s Derana television service. “Reporting instantly from the location through 3G video calling reduces the time lag that is usually associated with unavoidable delays in transferring recorded material for […]

Feb 08, 2008 (LBO) – Sri Lanka’s Dialog Telekom, a unit of Telekom Malaysia, said it had raised 30 million US dollars from two banks to buy telecommunications equipment from Sweden. The package was arranged by Standard Chartered Bank in Colombo, Dialog said in a stock exchange filing. It was backed by EKN, Sweden’s export […]

Jan 31, 2008 (LBO) – Internet users in Sri Lanka and other South Asian countries may see their internet connections slowing, as a submarine cable in the Mediterranean sea has been damaged, a report said. “It is a problem off the coast of Alexandria in Egypt. For some reason ships were asked to anchor in […]

January 28, 2008 (LBO) – Investors in telecommunications stocks in emerging markets like Sri Lanka are more concerned with business growth and cash flows instead of reaping dividends, the head of the island’s top celco said. . “Investors in stock markets, in telco shares, in ICT stocks look at cash flows,” said Hans Wijayasuriya, chief […]

Jan 25, 2008 (LBO) — Sri Lankan regulators should look for all options to bring down the cost of mobile phone ownership as the industry has emerged as a key driver of economic growth, the head of the island’s top celco has said.Better connectivity has enabled people become more productive, he added. Business drivers in […]

Jan 24, 2008 (LBO) – Mobile operator Dialog Telekom’s digital broadcasting of terrestrial television via standard broadcast frequencies will be less costly for content providers and increase reception throughout Sri Lanka, company officials said. Dialog’s Terrestrial Digital Video Broadcasting (DVB-T) pilot project was launched Wednesday covering areas north of the capital Colombo like the Wattala […]

Jan 24, 2008 (LBO) — Sri Lankan regulators should look for all options to bring down the cost of mobile phone ownership as the industry has emerged as a key driver of economic growth, the head of the island’s top celco has said.Business drivers in emerging markets like Sri Lanka need to make services more […]

Jan 23, 2008 (LBO) – Sri Lankan employers should enforce rules on e-mail and internet access to prevent misuse of company property and avoid potential legal problems, an expert told a law conference in the capital Colombo. But it also posed risks like firms not having enough oversight and supervision, how to compute hours worked […]

Jan 22, 2008 (LBO) – Sri Lanka’s mobile service provider Tigo plans to rely on giving better value to increase market share and revenue and not wage a price war with rival local mobile operators, company officials said. “We do not believe that a price war will benefit anybody including the customer. There has to […]

Jan 17, 2007 (LBO) – Sri Lanka will invite a private operator to build an optical fibre backbone in partnership with the state-owned railway system, a senior minister said. Sri Lanka’s transport ministry which runs the railways department had been given approval to start looking for a telecom operator to lease the country’s 1,200 kilometres […]

Jan 13, 2008 (LBO) – EDEX 2008, top higher education and career exhibition held this January, will give priority to emerging opportunities in the ICT sector, its organizers said. EDEX officials say country would better improve economic well being by meeting the rising demand for people in the information communication technology (ICT) sector. “In the […]