Category: Technology

Nov 8, 2006 (AFP) – C. Sathishkumar was one of thousands of Sri Lankan youngsters who invested in an Internet promotion to evaluate products online in return for quick cash — and like the others, he lost all his money.Police said this week that the scam, allegedly run by two Indians from a firm named […]

November 6, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, said Tuesday that they are doing a due diligence study on cable television operator Grant Communications (Pvt) Ltd. The company, which controls 85 percent of Sri Lanka’s fixed-line telecommunications market, has applied for a ˜non-voice’ license from the telecom regulator and […]

November 6, 2006 (LBO) – An undersea optical fibre cable between Sri Lanka and the Maldive Islands could be the first leg of a trans-Indian Ocean cable system that would link Africa with the Far East, officials said. The cable laying ship is expected to reach Maldives on the 12th and the cable terminated in […]

NEW DELHI, Nov 5, 2006 (AFP) – Seven Indian cities have emerged as the most favored outsourcing destinations globally, beating out rivals such as Manila, Shanghai and Moscow, according to a report by a US-based consultancy.And India looks set to remain the outsourcing leader in the long term, according to the consultancy neoIT, which advises […]

DHAKA, Nov 5, 2006 (AFP) – The number of subscribers to Bangladesh’s top mobile phone company exceeded 10 million Sunday as low call rates and cheaper phones led to a surge in customers, GrameenPhone said Sunday.GrameenPhone, a unit of Norwegian telecom company Telenor, said it added 4.5 million subscribers since January, making it the fastest-growing […]

WASHINGTON, Nov 3, 2006 (AFP) – US officials say they have created their own version of the Wikipedia online encyclopedia for intelligence agents, in a bid to encourage US spy agencies to share information and transcend bureaucratic rivalries.Launched in April, Intellipedia allows analysts and officials from a range of agencies to add and edit content […]

November 2, 2006 (LBO) – Sri Lanka’s number two mobile operator Celltel said on Thursday it has built 200 new towers in six months, to virtually double its coverage in key towns. Celltel, which launched an analogue network in 1989 to become the first phone company in South Asia to go cellular, is splashing out […]

November 2, 2006 (LBO) – Manju Hathotuwa former head of Sri Lanka’s ICT Agency has secured a posting with the World Bank for 18 months. An engineer by profession, he has worked across many local organizations serving industries such as IT and property development. .

November 1, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest telephone company, Wednesday reported a third quarter profit gain of 42 percent after it signed up more wireless customers. The company, which controls 85 percent of Sri Lanka’s fixed-line telecommunications market, made a 1.57 billion rupee net profit over a 23 percent revenue growth […]

TOKYO, Nov 1, 2006 (AFP) – Times have changed since Nobutoshi Kihara sketched out designs for the revolutionary Walkman on a piece of paper.But, despite a disastrous few years for the iconic Japanese company, the ground-breaking Sony engineer believes the electronics giant still has its spirit of innovation as it marks its 60th anniversary this […]

SYDNEY, Oct 30, 2006 (AFP) – New high-tech advances were making Internet crimes against children easier for paedophiles to commit and more difficult to detect, experts told a conference in Australia Monday.Faster broadband, DSL and cable connections have contributed to an increase in paedophile activity on the Internet, the 19th Computer Facilitated Crimes Against Children […]

July 27, 2006 (LBO) – Dialog Telekom, Sri Lanka’s largest cellular phone operator, Thursday posted a 47 percent rise in net profits for the nine months to September, as subscriber growth lifted revenues. A unit of Telekom Malaysia, Dialog Telekom, reported a 7.55 billion rupee group net profit, while revenues climbed 47 percent to 18.89 […]