Category: Technology

February 09 (LBO) – Sri Lanka Telecom’s profits surged in the last quarter by 160 percent driven by strong revenue growth taking annual profits up by 76 percent, results released Friday showed. SLT’s group revenue with mobile services rose 25 percent to 40 billion rupees in the year to December, while profits after-tax grew to […]

Feb 08, 2007 (LBO) – Sri Lanka’s largest mobile operator, Dialog Telekom which helped make mobile phones a ubiquitous device in the country, says it wants to do the same to the digital pay TV industry. “If I were to trace back ten years, we took that device that was considered a luxury – a […]

Feb 07 (LBO) – Sri Lanka is to get help from global Information Technology company Microsoft, to revamp local IT literacy skills, currently ranked lower than other South Asian countries. Director of public sector programs for Microsoft, Vincent Quah says, the ICT literacy level among Sri Lanka’s population is around 10 to 15 percent compared […]

LONDON, Jan 30, 2007 (AFP) – Windows Vista takes computing to a “new level,” Microsoft boss Bill Gates trumpeted Tuesday, presenting the latest version of his ubiquitous operating system at the British Library in London.Fresh from an overnight flight to London after launching the product in New York’s Times Square, Gates traced the development of […]

Jan 29 (LBO) – Sri Lankan tech firm Interblocks said Monday that they had implemented an ATM Switch and Monitoring system to manage Central Finance’s ATM network. The tie up with Interblocks and implementation of the iSwitch system would facilitate inter-branch settlement and reconciliation, remote monitoring and proactive alerts. The company says it is the […]

January 26, (LBO) – Sri Lanka Telecom is investing 100 million dollars this year as part of a medium-term strategy to boost revenues from IP based services, migrate rapidly towards a packet-switched network, and drum up international business volumes, a top official said. “We want to increase business from non-traditional business to 70 percent over […]

Jan 25, 2007 (LBO) – Mobitel is almost doubling its capacity to sign up 750,000 new subscribers, getting ready to cash in on a booming mobile phone market that saw 60 percent growth last year. Sri Lanka’s mobile market is estimated to have grown by 60 percent to 5.4 million subscribers in 2006. Mobitel, 100 […]

January 24, 2007 (LBO) – Sri Lankan mobile phone operator Celltel Lanka Ltd Wednesday said it hoped to increase its subscriber base by 50 percent to 1.5 million users by the end of the year. Sri Lanka had over 5.8 million cellular subscribers as at end 2006, , according to Central Bank figures, with four […]

Jan 23 (LBO) – Sri Lankan mobile operator Dialog said Tuesday it had rolled out broadband wireless services for a few pilot customers, with plans to extend it to other parts of the island over the next few months. The mobile operator also provides retail and wholesale international voice and data services, Internet services and […]

CANNES, France, Jan 22, 2007 (AFP) – Music fans, watch out. The hot new music-enabled phones being launched by top cellphone makers are going head-on with the stand-alone MP3 players that are now a way of life for the millions who prefer them over an Apple iPod. Key entertainment industry player Brad Duea, who heads […]

KYOTO, Japan, Jan 22, 2007 (AFP) – In these days of the Internet, cellphones and iPods, few Japanese girls still dream of becoming a geisha with a strict life of training and duties. Facing growing competition from nightclubs and karaoke, Kyoto’s geisha are having to adapt to survive.At one tea house in Japan’s ancient capital, […]

January 22, 2007 (LBO) – Motorola Inc plans to introduce a low budget handset next month to popularize the use of cellular phones among less affluent people, officials said Monday. As at end last year, bank estimates around 5.8 million people were connected to the local cellular network. Updated-weekly sales Sri Lankans can pick up […]