Category: Technology

Sri Lanka Telecom (SLT) says it has just plugged in a Rs. 60 mn revenue seepage, which was discovered after its new US$ 20 mn billing system kicked in.The telecom giant says around four million minutes of international inpayment calls were not billed, while nearly 3,000 customers were not sent invoices.rn rnLucky subscribers who got […]

The Treasury is considering the possibility of taking on the cost of thermal electricity generation to ease the CEBs cash crunch.CEB sources say the Treasury is now considering, among other measures, the feasibility of taking on the cost of thermal electricity generation to ease the CEBs financial difficulties.rn rnldblquote This cost will be treated like […]

Competition just got louder in the local telecom industry with Indian telco giant VSNL stepping up its operations in Sri Lanka. VSNL on Monday formally launched its international data and voice services here for the corporate and retail markets.rn rnHowever, VSNL has been busy behind the scene capturing overseas voice business since last year, when […]

The first in a series of Microsoft organised workshops to upgrade IT awareness in Sri Lanka got off this month. Microsoft Country Manager for Sri Lanka Sriyan de Silva Wijeyeratne says the software giant would be rolling out a series of workshops in Colombo and in rural areas with very low IT penetration.rn rnSpecial emphasis […]

Indian IT services giant Videsh Sanchara Nigam Ltd (VSNL) is finalising its service offer for Sri Lanka, with initial plans to push out an international calling card by August. Separate cards for calling Sri Lanka and to call out of the island is planned, VSNL sources told LBO on Friday.rn rnVSNL is currently procuring an […]

Do you have the four-digit PIN code for your ATM or the password to your mail account? Do your know who else has it? Hackers and freely available password hacking software are giving away passwords and all the secrets seemingly locked away safely by the alphanumeric code we call passwords.Venkateh Swaminathan is in Colombo today […]

Sri Lanka Telecom plans to send out the backlog of customer bills from the end of this month, but subscribers will be billed on a shorter cycle.SLTs new US$ 20 mn billing system went through technical glitches in its implementation stage, leaving over 800,000 customers chatting non-stop since last December.rn rnThe new system includes an […]

Moving ever closer to a long proposed IPO, Software solutions developer Virtusa Corporation recently completed its Series D round of financing, securing US $20 million. The fourth round of funding for Virtusa was led by Focus Ventures, with participation from existing investors Sigma partners, Charles River Ventures and Globespan Capital Partners.rn rnThe fresh infusion increases […]

Hutchison telecom says their local operation will connect an additional one hundred thousand customers to their GSM network when its commercially launched later this month.But the company says they dont plan to eat in to market share of other GSM mobile operators but would go after over 90 percent of people who do not own […]

Work is expected to start this year, and SLT hopes to include its brand valuation into its 2004/5 financial statements.rn rnThe consultant will first have to take stock of the present brand, make changes and discuss with stakeholders as to where they would like to position their brand.rn rnldblquote It will be a year long […]

Ensuring the life of the Sinhalese language in the computers era, a fresh draft font standard is now in circulation for public comment. This proposed standard provides a coding of the set of Sinhala characters for use in computer and communication.rn rnThis standard character code set specifies a 7-bit code table (out of 16 bits […]

The investment bank picked for the job will initiate the book building exercise for the funds rising, while the telco giant obtains State approval for its expansion plans that include using wireless technologies to connect rural areas.rn rnSLT say it has not finalised its borrowing options, but could settle for a bond issue or a […]