Category: Technology

Dec 30, 2007 (LBO) – Russian programmers have created software known as ‘CyberLover’ that can infiltrate dating sites and chatrooms and seduce victims and collect personal information to be sold to identity thieves, internet security experts said.The cyber bot solicits and collects information such as home addresses, telephone numbers, and personal photographs that are used […]

Dec 27, 2007 (LBO) – Sri Lankan fisherman are using mobile phones to ‘auction’ their catch before reaching shore, allowing them to get better prices, backed by better bargaining power, an official said. Once the fishermen land their catch, it has to be sold quickly before the fish starts to spoil. “As soon as they […]

Dec 17, 2007 (LBO) – Sri Lanka’s companies can make money in even the most turbulent times by redefining marketing strategies to get the best results, a senior official of top celco Dialog Telekom’s told a forum of marketers. “Even during a turbulent time, there is an opportunity in brand building,” said Nushad Perera, Dialog […]

Dec 05, 2007 (LBO) – Mobitel, a celco owned by fixed operator Sri Lanka Telecom launched its third generation network in the island, saying its existing service was growing so fast it was struggling to meet demand. Studies have shown that household internet penetration to be around one percent, and most connectivity is concentrated in […]

Dec 04, 2007 (LBO) – A Sri Lankan e-learning initiative for rural students is seeking corporate sector support to expand and cover 400 computer centers around the island, its designers said. The Shilpa Sayura project initiated by eFusion, a local software company, is a learning tool for rural students who do not have the necessary […]

Nov 21, 2007 (LBO) – Sri Lanka could boost economic activity and social well-being through a knowledge economy (KE) strategy that makes better use of ‘grey matter’ the World Bank has said. “With globalization and the technological revolution of the last few decades, knowledge has clearly become the key driver of competitiveness and is now […]

Nov 17, 2007 (LBO) – Standard & Poor’s (S&P) has upgraded Sri Lanka Telecom’s foreign currency rating to ‘BB-‘, the rating agency said, though the country sovereign ceiling is still at ‘B+’. “¦there is a relatively material probability that the issuer would still be able to service its foreign currency obligations, even if the sovereign […]

Nov 13, 2007 (LBO) – Iran’s Mammut group has tied up with Sri Lanka’s Mod-Tec trading company to provide infrastructure services to the island’s wireless telecom operators, senior company officials said. Mammut provides a broad range of turnkey solutions, from land acquisition, architectural designs, construction, and electronic service implementation to training of individuals and maintenance. […]

Nov 05, 2007 (LBO) – Sri Lanka’s teleco operators are pushing the industry regulator to remove technology limits and allow networks to share resources as part of a broad plan to liberalise the market further, officials said.The wish list — prepared during an industry pow-wow with the telecom watchdog last week — also includes prickly […]

Nov 01, 2007 (LBO) – Dialog Broadband Networks, a unit of Dialog Telekom launched broadband services offering high download speeds at competitive prices which can potentially take-over the corporate leased line market for internet, officials said. The firm uses Worldwide Interoperability for Microwave Access (WiMax) to offer download speeds of up to 4Megabits per second […]

Oct 30, 2007 (LBO) – Consolidated net profits of Sri Lanka’s top celco Dialog Telekom fell 6.9 percent to 2.43 billion rupees, while revenues rose 29 percent to 8.55 billion in the September quarter, the firm’s latest results showed. Losses at its new pay TV division dragged down profits, while at company level profits from […]

Oct 30, 2007 (LBO) – WSO2, the open source middleware company, has hired software engineer Glen Daniels as director of Java platforms, a company statement said. Daniels, recently named a vice president of the Apache Software Foundation (ASF), will be responsible for the general technical direction and architectural consistency of all WSO2 Java products. œWSO2 […]