Category: Technology

The government has decided to limit Sri Lanka Telecoms public offering to the local market, amidst speculations of an impending snap poll.Plans to issue Luxembourg traded global depository receipts as part of its public offering to foreign investors has been put off to next year, SLT Chairman, Thilanga Sumathipala told Lanka Business Online in an […]

Cellular operator, Celltel Lanka has introduced a secure mobile wallet, which enables its customers to make payments through text messages.The first of the kind in the region, the lquote CellWallet provides encrypted electronic storage for information pertaining to a users credit cards, debit cards, bank accounts and other personal data.rn rnThe product is jointly developed […]

In a bid to get a competitive edge Lanka Bell has tied up with Harris Corporation of USA to bring in a High-end wireless broadband network. Forty data links have already been installed.rn rnLanka Bell plans on providing this technology to residential customers as well.rn rnBellnet is expanding with a Cyber Caf’e9, which will open […]

In a bid to get a competitive edge Lanka Bell has tied up with Harris Corporation of USA to bring in a High-end wireless broadband network. Forty data links have already been installed.rn rnLanka Bell plans on providing this technology to residential customers as well.rn rnBellnet is expanding with a Cyber Caf’e9, which will open […]

Sri Lanka Telecom tied up with Indian Telecommunications company Bharti Telesonic to channel overseas traffic between the two countries.The direct link from Colombo to Chennai provides higher bandwidth and a better service for customers.rn rnSLT also expects its revenues to soar as a result of the deal.rn rnldblquote There are well over 2 billion minutes […]

The first phase saw the CEO of US based Washington Technology Partners Inc., Abhishek Jain scope out Sri Lankan companies best suited to support selected US IT market.rn rnOn his return to the US, Jain will shortlist around 15 companies and match them with US companies in early 2003 supporting direct business links. rn rnIn […]

The new communications act floating in parliament at present, will decide Lanka Bells future business strategy, CEO Joey Mendoza says. For now the company is concentrating on being a valued telecom services provider, with Internet being one of the value-added services.rn rnMendoza says present plans did not include offering internet as a independent service, but […]

Sri Lanka Telecom plans to issue Luxembourg traded global depository receipts as part of its public offering to foreign investors. Top SLT officials said the book building exercise for a 15 percent slice, is tipped to start after November 15, for the dual listing in Colombo and Luxembourg.rn rnDFCC Bank will manage the IPO, with […]

Computer software giants world over, make money by selling proprietary products. However few software developers in emerging economies market proprietary software products.Local policy markers want software developers to market their own products creating more value.rn rnAn IT roadmap the government is working on also seeks to establish the country as a world class IT center. […]

Leading chipmaker Intel is bullish about the local market for its products. The company says the high social indicators and low penetration of computers leaves a lot of room for expansion.rn rnldblquote Earlier this year 1 billion PCs were sold in the world. If you look at the way they were used 75% was sold […]

Despite a lack of hype, Lanka Cellular Services, a subsidiary of Hutchison Whampoa Limited will roll out three more GSM switches in Colombo, Kandy and Galle as part of its ongoing network expansion.Hutchison, primarily operating an Analog service, has already deployed a number of Global Standards for Mobile communication (GSM) switches outside Colombo.rn rnThe three […]

Sri Lanka Telecom says it has completed the initial phase of developing the dilapidated telecommunications network in Jaffna.Project Hope, which was to provide 4000 new telephone lines in Jaffna peninsula, has now been expanded to 5,300.Out of these lines Jaffna will have 3,600 while Point Pedro 1,700, SLT said in a statement Tuesday.rn rnSince launching […]