Category: Technology

Global wireless voice and broadband data products design and development firm Axesstel, Inc on Tuesday said it will supply fixed wireless phone units for Suntel Limited’s proposed CDMA network launch set for late June.Global wireless voice and broadband data products design and development firm Axesstel, Inc on Tuesday said it will supply fixed wireless phone […]

COLOMBO (Dow Jones)–Distilleries Co.of Sri Lanka (DIST.SL) said Friday it will pay million to acquire local fixed-line operator Lanka Bell Ltd. COLOMBO (Dow Jones)–Distilleries Co. of Sri Lanka (DIST.SL) said Friday it will pay million to acquire local fixed-line operator Lanka Bell Ltd.“The acquisition may take about a month to complete. We will start the […]

Distilleries Company of Sri Lanka Group on Thursday signed a share purchase agreement with Lanka Bell to buy 76 percent of the telco.Distilleries Company of Sri Lanka Group on Thursday signed a share purchase agreement with Lanka Bell to buy 76 percent of the telco. The deal will go through Milford Holdings (Pvt) Ltd – […]

The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet.The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet. WIPO is recommending “a uniform intellectual property (IP) protection mechanism” to control illegal domain name registrations in any new generic […]

Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June.Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June. “The good news is that after six to seven years of preparation […]

Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Mobitel on Tuesday signed a deal with global telecom […]

Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table.Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table. A proposed spectrum reallocation process in 2003 sought […]

MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse.MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse. The issue is likely to open by August 2005, and […]

A consumer lobby on Monday argued in the Court of Appeal that approval for Sri Lanka Telecom’s last tariff increase was not within the telecom watchdog’s authority. A consumer lobby on Monday argued in the Court of Appeal that approval for Sri Lanka Telecom’s last tariff increase was not within the telecom watchdog’s authority. The […]

Cellular operator Celltel will bring forward its 2006 network expansion plans, increasing its coverage map to cover 52 percent of the island’s population.Cellular operator Celltel will bring forward its 2006 network expansion plans, increasing its coverage map to cover 52 percent of the island’s population. Celltel’s sixth phase of expansion will take its network capacity […]

Capital market enabling software maker Millennium IT is focusing on diversifying their product range while also seeking to raise new capital for the company.Capital market enabling software maker Millennium IT is focusing on diversifying their product range while also seeking to raise new capital for the company. The company has helped many stock exchanges go […]

Fixed line telecom operators will see a drop in their costs per line with rollout of their new CDMA networks.Fixed line telecom operators will see a drop in their costs per line with rollout of their new CDMA networks. CDMA or Code Division Multiple Access standard is a wireless communication technology developed initially for mobile […]