Category: Technology

Sri Lanka Telecoms rating outlook was revised to negative by Fitch Ratings, as liberalization poses many uncertainties for the telecom giant. Fitch says future debt obligations, falling revenues and capital expectative on network expansion could strain its cash flows.rn rnHowever, Fitch affirmed SLTs SL AA+ rating for its listed unsecured redeemable debenture maturing in 2005. […]

Telecom operator Suntel, says its profits soared to Rs. 200.4 mn in 2002, from Rs. 22.8 mn.Suntel benefited from the prevalent low interest rates, while value added services and a tariff increase pushed revenues up by Rs.400 mn.rn rnRevenues rose to Rs. 3.58 bn from Rs. 3.156 bn in 2001. Cost of sales was up […]

Telco firms on Thursday agreed on a set of termination charges, setting the stage to launch a caller party pays (CPP) regime by September. However, Sri Lanka Telecom (SLT) has said it would agree to CPP on condition that the regulator resolves a number of its concerns including approval of its long over due tariff […]

Telco firms have till the weekend to give a final verdict on termination rates proposed in a new cost based study. Industry giant Sri Lanka Telecom was absent at the Tuesday morning meeting, where the regulator met with the industry to discuss the rates.rn rnThe study also will set the base for the industrys move […]

Telco firms will meet the telecom watchdog Tuesday to discuss termination rates proposed in a recent consultant cost study.Telecommunications Regulatory Commission senior officials say the meeting will help complete the study, which will set termination rates between networks.rn rnThe study was initiated earlier this year to impose actual cost based call termination rates.rn rnThe new […]

Sri Lanka Telecom has started rolling out the first phase of its plan to innovative broadband access technologies for residential and business customers. ADSL or Asymmetric Digital Subscriber Line is essentially a continuously open data line to an Internet Service Provider that works over conventional telephone lines.rn rnADSL in addition allows the ability to transfer […]

rnRegulators are holding back on a date to auction overseas call access codes due to a lack of interconnection between operators.rnrnPreviously, the auction set for mid May was put off for a June date, again due to interconnection issues and a lack of rules governing the sale. rn rnNow, a draft set of rules are […]

Telia AB of Sweden is replacing its representative and the Managing Director in its Sri Lankan venture Suntel Limited from July 1.After four years at the top, Hugo Cederschiold will hand over the reigns of Sri Lankas second largest fixed telephone service provider to Mrs. Lillemor Larsson, from the parent company and a Director on […]

Indian telco giant Videsh Sanchar Nigam Limited (VSNL) is seeking the telecom regulators approval to set up a US$ 40 mn venture in Sri Lanka.Initially offering international calls, VSNL Lanka Limited will expand its offering to include other data and voice services later.rn rnThe Board of Investment has forwarded VSNLs proposal to the Telecommunications Regulatory […]

Intensifying competition in the overseas call market, the telecom regulator is looking at 40 new applicants.Telecommunications Regulatory Commission (TRC) officials confirmed that up to forty new applications had been processed.rn rnLicenses will only be issued to the firms paying up the US$ 50,000 fee applicable for an External gateway Operator (EGO) license. rn rnFirms coughing […]

On the heels of a state policy on spectrum use and the roll out of cheap wireless internet access, Intel launched its new age mobile personal computer. Intels officials promise longer battery life and outstanding wireless performance with the firms new Centrino mobile technology enable computers, launched on Friday in Sri Lanka.rn rnThe PC is […]

Sri Lanka Telecom on Thursday reported lower profits for the first quarter ending March 31, a sign that the opening of the international voice market has affected its bottomline.SLTs earlier had a monopoly on international calls, which accounted for about 40 percent of its total revenue.rn rnNet profits for the period slipped to Rs. 755 […]