Category: Technology

Mobitel unveiled its ambitious plans and its new logo that will battle the elements to capture over one million customers before 2005. Mobitel Chairman Thilanga Sumathipala told guests at the launch ceremony that internal estimates showed that the cellular market would reach three million customers within the next three years, with his firm servicing over […]

SAP, a leading business software solutions provider is stepping up its presence locally to face, what company officials say is an upcoming leap in demand for IT aided management solutions. The firms primary market focus in Sri Lanka will cover the banking, utilities, telecom and the state sectors.rn rnThe solution provider is already in Sri […]

For many like Peter Berkley, a lquote visiting consultant on assignment to Sri Lanka, access to the internet meant hooking up his laptop with a phone chord to a wall socket in his hotel room or a business centre around his comfort zone. He recalls a typical day back home in the US, when he […]

It is understood that the Premier had advised senior state officials to consider direct offers, with the option of listing part of the stake in the country of the new investor. rn rnInitial reports indicate that an 8.5 per cent to 10.00 per cent stake could be on offer not this year, but next year.rn […]

Zeelabs signed a deal to exclusively market and build upon Temptation Technologies (TT) 3D imaging products. Zeelabs is an integrated technology provider with a range of e-businesses services.rn rnThe portfolio spans from strategy consulting through to branding, interactive designing, technology consulting and integration into customer operations.rn rnThe addition will bolster Zeelabs e-business product portfolio and […]

Sri Lanka Telecom on Thursday informed the stock exchange that it had launched a bid to buy up wireless local loop operator Lanka Bell.“SLT has entered into a non-disclosure agreement with Lanka Bell to enable a study to be undertaken of that company,” Sri Lanka Telecom informed the Colombo Stock Exchange.rn rnThe announcement comes after […]

Sri Lanka Telecom has made an official pitch to take up a controlling stake in the third fixed line operator Lanka Bell.Lanka Bell, which uses wireless local loop technologies, has been on the hunt for a technical partner after its total debts were wiped off under a comprehensive debt-restructuring programme in April.rn rnThe debt forgiveness […]

A number of services will be made mandatory under the technology neutral licence and could be issued by mid 2004. rn rnInterested firms could have to bid only for license through a single round simple open auction process. rn rnThe two licences could cover the North-East and the deep South regions selected on the parameters […]

Sri Lanka Telecom has traded in its Rs. 138 million interest free loan given to Mobitel, for an equity stake in the cellular operation.SLTs Board of Directors also approved Rs. 500 million in fresh capital infusion into the cellular operator, increasing its investment in the subsidiary by Rs. 638 million or 63.8 million fresh shares […]

A new army is being raised to fight a war off the battle field. Soldiers on hire, ready to fight for any side.Building on the limitation of Sri Lankas archaic labour laws and the cyclical needs of Information Communication Technology firms, an offshoot of Media Solutions – TechSys has built a database of over 1600 […]

Telecom operator Suntel has posted a 451 percent growth in net profits for the first six months of this year, largely aided by a gradual drop in interest rates.The countrys second wireless operator said its net profits topped Rs.193 mn as against Rs. 35 mn reported in 2002.rn rnBut revenues dipped 2.7 percent to Rs. […]

Dialog GSM will double its network capacity in the Western Province by the year end when its 1800 GHz network is fully deployed. The network being installed at a cost of US$ 10 million, will give Dialog the urgently needed capacity to service its over 500,000 strong customer base in Colombo and make room for […]