Category: Technology

June 19, 2007 (LBO) – Sri Lanka’s young software developers lack resources but not dedication or talent, says former winners of a students technology competition promoted by the software giant, Microsoft. The Imagine Cup encourages young people to apply their imagination, passion and creativity to develop technological solutions to real world issues, say its organizers. […]

WASHINGTON, June 15, 2007 (AFP) – The FBI is in the process of locating and notifying the users of one million computers controlled by hackers through automated crime networks or “botnets,” officials said Friday.The FBI warned computer users that it would not contact victims online, and said any e-mails suggesting this should be viewed with […]

June 14, 2007 (LBO) – Sri Lanka’s biggest mobile phone company, Dialog Telekom, said Thursday its 15.5 billion rupee cash call had been fully subscribed. . Corrected: Dialog’s parent Telekom Malaysia had bought in full its entitlement under the rights issue, spending 13 billion rupees, a company statement said. The inward foreign currency remittances for […]

June 09, 2007 (LBO) – Sri Lanka would soon be sounding out operators on making mobile telephone numbers portable, telecom minister Rauf Hakeem said. “In Andra Pradesh, base stations for which approvals are not given in a fixed time, or not objected to, are considered given,” Hakeem said. “We need to be pro-active in reform, […]

June 8, 2007 (LBO) – The first of a series of ‘cyber-centers’ that will link rural business in Sri Lanka with the internet has been opened in the central hill town of Matale, the United States embassy said.The public private partnership where Qualcomm, Microsoft, and Sri Lanka’s Dialog Telekom InfoShare, National Development Bank, and Lanka […]

June 08, 2007 (LBO) – Dialog Telekom signed up with Board of Investment to invest 33 billion rupees (300 million dollars) to expand existing services and set up broadband fibre optic and microwave transmission networks across the island. As an internal conflict intensifies, telecoms remain one of few remaining growth sectors. The investment to be […]

June 7, 2007 (LBO) – Alcatel-Lucent, the largest telecom equipment manufacturers in the world, opened a branch in Sri Lanka Thursday saying sales have doubled in the island during the last two years. “All the south Asian markets are very competitive. We will continue to provide support to our customers and we will push for […]

June 07, 2007 (LBO) – A pioneer of Sri Lanka’s information technology sector, who headed two government agencies dealing with ICT and also founded a computer faculty in Sri Lanka has passed away. . Professor V. K. Samaranayake, 68, had died in Sweden, Wednesday, a spokesperson for Sri Lanka’s ICT Agency of which he was […]

May 29, 2007 (LBO) – Ceylinco Insurance is tapping into Sri Lanka largest mobile subscriber base with a pre-paid card insurance scheme with Dialog Telekom, officials said. Sri Lanka’s insurance penetration remains poor at three percent for an island of 20 million people. The accident insurance cover package premiums are priced between five and 20 […]

May 24, 2007 (LBO) – Shareholders of Dialog has approved its 15.5 billion rupee rights issue which is the highest cash call made on the Colombo Stock Exchange, the company said. Dialog says the financing forms a part of a larger medium term funding programme, which would include more local and off-shore debt infusions to […]

May 22, 2007 (LBO) — Sri Lanka plans to allow third parties to operate payphone booths in an attempt to popularise them in far flung areas outside the city of Colombo, a top official said. The island’s eight public switched telephone network (PSTN) operators will now be allowed to appoint a third party to operate […]

May 19, 2007 (LBO) – Information technology has a component that gives the technology a competitive advantage in business, IT specialists say. That component gets commoditised but companies must come up with new components to stay on the top, they say. œThere is definitely a component of IT which is really giving the competitive advantage […]