Category: Technology

July 29, 2006 (LBO) – Sales of locally assembled computers rose 20 percent to 11,202 units for the three months to March, though established brands continued to increase their presence in Sri Lanka, an industry report said Saturday. Locally assembled brands such as Panora and Kobian dominate the desktop market, with the latter launching a […]

July 28, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, announced plans Friday to float a fully owned subsidiary in Hong Kong to extend their data network to the South Asian region. The telco’s chief Shuhei Anan said SLT Hong Kong Ltd will operate as a point of presence allowing the […]

July 27, 2006 (LBO) – Dialog Telekom, Sri Lanka’s largest cellular phone operator, Thursday posted a 43 percent increase in net profits for the six months to June, as subscriber growth lifted revenues. A unit of Telekom Malaysia, Dialog Telekom, reported a 4.93 billion rupee group net profit, while revenues soared 51 percent to 12.28 […]

July 25, 2006 (LBO) – Chinese telecommunications firm Huawei Technologies is expecting around 30 percent gain in sales of third generation handsets within one-year of its release in Sri Lanka, officials said Tuesday. Huawei’s Product Manager P Sanjeev declines to say how many CDMA data cards have been sold so far. “Its hundreds and hundreds. […]

LONDON, July 24, 2006 (AFP) – Mobile phone text messages are changing the way people approach romantic relationships, according to a survey published Monday in the British newspaper The Times.More than half of mobile phone users aged 18 to 24 have sent or received an invitation to a date via text message, while a similar […]

July 19, 2006 (LBO) – Sri Lanka’s telecom watchdog Wednesday issued notice against two internet service providers for violating license conditions. The regulator said Lanka Global Online (Pvt) Ltd and Pan Lanka Networking (Pvt) Ltd for not filing their audited financial statements for four-years since 2002. Both firms were given 15 days to comply, Telecommunications […]

July 6, 2006 (LBO) – Sri Lanka plans to issue spectrum for third generation or next generation mobile technology to cellular phone operators next week, the telecom watchdog said Thursday. Priced at 5-million dollars, third generation or 3G licenses allow operators to offer higher speed wireless services on the 2GHz (gigahertz band). “All four existing […]

July 6, 2006 (LBO) – Sri Lanka’s biggest mobile-phone operator Dialog Telekom Thursday slashed outgoing call charges by as much as 50 percent as the firm stepped up its expansion drive in the country. Call charges within the network from 11.00 pm to 6.00 am will go down by 50 percent to 2.00 rupees, while […]

July 1, 2006 (LBO) – Retired banker Lakhman Edward is one of the many few hundred investors bold enough to track their equity portfolio through the internet. Internet trading has been slowly picking up in this island nation of 19.5 million people where seasoned punters still prefer to use their relationship with stockbrokers to chart […]

June 30, 2006 (LBO) – More than ten foreign and local telecom operators shown interest in bidding for Sri Lanka’s fifth mobile operator’s licence, the island’s the telecom regulator said Friday. Bidders, which included those from Singapore, India and Malaysia, are keen to get a slot in the mobile phone market which grew over 50 […]

June 29, 2006 (LBO) – Sri Lanka’s cabinet has agreed clear up frequency spectrum on few bands, as the government looks to attract new operators to offer telephony services at affordable rates. œThe cabinet has agreed to clear spectrum in 450 megahertz, 800-900 megahertz, 1800 megahertz and 2-gigahertz radio frequencies, which will be re-allocated for […]

KUALA LUMPUR, June 25, 2006 (AFP) – Malaysia’s top mobile phone operator Maxis Communications is bidding for Sri Lanka’s fifth mobile operator’s licence along with major firms from Singapore and India, a report said Sunday. The Edge newspaper said the GSM1800 licence would cost Maxis around four million dollars. The other two bidders are Singapore […]