Category: Technology

The Govi Gnana System (GGS), a pilot project under the e-Sri Lanka initiative will go live at the end of the week at the Meegoda and Dambulla economic centres, offering vendors and buyers an index of wholesale prices for over 143 varieties of vegetables. The price information system is however only the first phase of […]

Sri Lanka Telecoms much talked of marriage with Lanka Bell is getting delayed, as the Treasury has not given its blessings.SLT Chairman, Thilanga Sumathipala says Treasury approval is a mere formality, but the delay, prevents SLT from consolidating Lanka Bell into its 2003 accounts.rn rnldblquote SLT board has approved the acquisition, but we need Treasury […]

Sri Lanka Telecom (SLT) is forecasting a surge in international call revenue, as an old microwave link with South India was re-established on Monday. The link with Indias domestic call giant Bharat Sanchar Nigam Limited (BSNL) will also offer international connections to neighbouring Nepal, Pakistan and Bangaladesh.rn rnBSNL has a countrywide network services over 43 […]

Mobitel Private Ltd said a statement it regretted any embarrassment caused to the Attorney General or the Telecom watchdog as a result of a news item that appeared in the media, early in December, saying a case against the operator had been dismissed after it was withdrawn.Mobitel says it only learnt later that a fresh […]

Sri Lanka Telecoms board on Wed. gave its blessings to acquire wireless local loop operator Lanka Bell.The dominant fixed line operator declined to name the bid price, but industry analysts put a price tag of just under US$ 20 mn based on per-line cost assumptions for Lanka Bells 44,000 customers.rn rnSLT will initially take a […]

Once a week, Shantha embarks on a journey; a journey that takes him across rivers, paddy fields, mountains and over 20 kilometers away from his home to a place where he can use a computer, surf the internet and check his Hotmail account.Shantha is only one in a thousand other Sri Lankan youths confined to […]

Sri Lanka Telecoms efforts to take over Lanka Bell got delayed by over a week, but the incumbent operators team negotiating the deal say they have secured commitments to sell for up to 75 per cent of the wireless operatoration. rnrnSLT was to finalise a price for the stake in Lanka Bell at a Board […]

Software giant Microsoft, is setting up a fully-fledged local arm to offer products at discount rates and to set up a development unit.Microsoft Sri Lanka Ltd will distribute specific licence products and the firm will also be making the world standard lquote Windows software available in both the Sinhalese and Tamil languages under its Language […]

Sri Lanka Telecom hopes to tap the overseas market to raise up to US$ 100 mn via bonds for its expansion plans next year.The issue, which is likely to come out next March or April, will be the first overseas debt paper to be offered by any Sri Lankan firm.rn rnldblquote The size of the […]

Sri Lanka Telecom is expected to come out with a price tag for Lanka Bell next week, after concluding a due diligence on the small fixed access operator.The incumbent operator has been actively pursuing Lanka Bell and slipped an engagement ring for a due diligence study in October.rn rnSLT is asking full control or at […]

The telecom watchdog on Tuesday came out of cold storage to flex its legal muscle and file charges against Mobitel (Pvt) Ltd for defying regulators orders.This is the first time in history the Telecommunications Regulatory Commission (TRC) has taken an operator to court.rn rnFiling papers at the Colombo District Court, the regulator said that Mobitel […]

Political power play has put in the balance plans by HSBC to set up a huge call center in the country.The banking giant was planning to set up a call center and a back office operation in the country and was seeking government cooperation for minor adjustments to the Labor Laws to facilitate the investments.rn […]