Category: Technology

August 31, 2006 (LBO) – Sri Lanka Telecom is in talks to acquire a small software company to beef up its technical capacity and expand revenue streams. The island’s biggest fixed line operator plans to do a due diligence on eServices Lanka Ltd, SLT chief executive Shuhei Anan said Thursday. eServices Lanka Ltd is jointly […]

SEOUL, Aug 31, 2006 (AFP) – South Korea’s high-tech giant Samsung Electronics on Thursday unveiled the world’s first fourth-generation (4G) mobile technology with a demonstration on a bus.Samsung said the new technology, an upgraded version of existing wireless communications platforms, would enable users to download 100 MP3 music files in less than 3 seconds — […]

August 30, 2006 (LBO) – One of Sri Lanka’s foremost telecom experts, Rohan Samarajiva is due to chair this year’s Digital Opportunity Forum in Korea on Thursday. Samarajiva, who is the current Executive Director of LIRNasia will also deliver the keynote address: Bridging the Divide: Building Asia-Pacific Capacity for Effective Reforms. The two-day parley is […]

August 29, 2006 (LBO) – Cable operator CBNSat may need Defence Ministry clearance to re-start transmission, as the company steps up its public campaign appealing to authorities to expedite their government approvals. Over 100,000 viewers in Sri Lanka enjoy CBNSat which has a maximum of 28 international TV channels and packages ranging from 500 to […]

Aug 15 (LBO) –Sri Lanka’s largest mobile operator, Dialog Telekom, said it has started South Asia’s first commercial third generation mobile service, after formally receiving the license on Tuesday. Telecommunications is one of the fastest growth sectors in this South Asian island of 19.5 million people and the mobile connections per 100 people had risen […]

August 13 (LBO) – A Sri Lanka-based securities trading platform maker says it is planning to market software on a transaction-based fee model next year, instead of only selling systems outright. MIT has also applied to patent the technology in a number of other jurisdictions including India. œThis will be attractive for broker-dealers, MillenniumIT (MIT) […]

PARIS, Aug 11, 2006 (AFP) – Fifty million blogs — online multi-media journals — were tracked on the Internet last month, a 100-fold increase over three years, according to a new study published online. Technorati, a website devoted to tracking the growth of the worldwide “blogosphere”, claims their number has doubled every five to seven […]

Aug11 (LBO) – Sri Lanka Telecom’s mobile subsidiary Mobitel just launched aggressive new post-paid tariffs, on the heels of a licence to also rollout Third Generation (3G) services. œWe are approaching it cautiously. On the one hand, the price of a handset is a deterrent. So we will not be rolling out 3G infrastructure island […]

LAS VEGAS, Nevada, Aug 6, 2006 (AFP) – High-tech passports touted as advances in national security can be spied on remotely and their identifying radio signals cloned, computers hackers were shown at a conference ending Sunday. Radio frequency identification technology, referred to as RFID, used in cash cards and passports, can be copied, blocked or […]

Aug 04 (LBO) – Popular Internet search engine Google has given the Lanka Software Foundation 25,000 dollars to drive open source software projects locally. Much of the funds will go towards new research and development projects, including work with open source database MySQL, the foundation said in a statement on Friday. œTo date the Lanka […]

August 3, 2006 (LBO) – Sri Lanka Telecom is expecting a 75 percent rise in full-year net profits as its cellular subsidiary makes a quick turnaround, which helps off-set sudden costs to trim its workforce, officials said Thursday. Mobitel, the firm’s cellular subsidiary, is turning the corner, after narrowing down six month losses to 190 […]

July 31, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest telephone company, said Monday second-quarter profits rose 112 percent, after it signed up more wireless customers. The company, which controls 85 percent of Sri Lanka’s fixed-line telecommunications market, made a billion rupee net profit over a 31 percent revenue growth to 9.97 billion rupees […]