Category: Technology
Huawei’s flagship P9 unveils in Sri Lanka
June 25, 2016 (LBO) – Huawei, one of the fastest growing smartphones in Sri Lanka, yesterday unveiled their flagship smartphone Huawei P9 at a vivid ceremony. Huawei’s partnership with German firm Leica has created a smartphone with a groundbreaking dual-lens camera that can shoot vivid color and crisp black-and-white to produce images with greater depth […]
Sri Lanka’s First VoLTE Service on Dialog’s LTE Networks
Dialog Axiata,Sri Lanka’s premier connectivity provider announced Wednesday 22nd June 2016, that the 4G-LTE Networks operated by the Dialog Group had been enabled with VoLTE (Voice over LTE) capability. The Dialog Group operates a Mobile 4G Network based on FD-LTE technology and a Fixed 4G Network based on TD-LTE. VoLTE is an acronym for Voice over LTE, which leverages […]
SLT, TRC ink deal to power Lotus Tower
Jun 21, 2016 (LBO) – Sri Lanka Telecom (SLT) and the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) signed a Memorandum of Understanding (MoU) to be the telecommunication service partner for the Lotus Tower project, recently. “With the signing of the MoU, SLT will bear sole responsibility for building the ICT Infrastructure for the Lotus […]
York Street Partners, Ikman.lk convene startup investor and entrepreneur forum
June 19, 2016 (LBO) – York Street Partners (YSP), Sri Lanka’s boutique investment bank, joined forces with Ikman.lk, the largest local online marketplace, to host Startup Investor and Entrepreneur Night. The event drew attention to the need for deepening relationships and understanding between entrepreneurs and investors, with the goal of increasing the flow of capital […]
‘s Dialog demonstrates internet speed of 1 Gbps
Jun 18, 2016 (LBO) – Sri Lanka’s Dialog telecom, a unit of Malaysia’s Axiata Group, said they established the capability to deliver super broadband connectivity that is 10 times faster than the fastest connection currently available. “Sri Lanka established yet another milestone on the region’s Broadband Technology landscape today with an exposition of South Asia’s […]
Huawei Y3II and Y5II to revolutionize entry range smartphone market in Sri Lanka
Reaches 23.3% Sri Lankan smartphone market share in Q1 2016 – GFK Reports Huawei, the fastest growing smartphone in Sri Lanka, announced the launch of two new entry level smartphones in Sri Lanka Y3II and Y5II from the Y Generation family of smartphones. The Y5II both 3G and 4G version is available from LKR 14,199 […]
Sri Lanka commences innovation portfolio measuring
June 15, 2016 (LBO) – Work on Sri Lanka’s long awaited national Innovation Index which is set to measure the islands innovation portfolio, began in Colombo, Tuesday. The UN agency tasked with world Intellectual Property (IP) development says in a statement that many new IP projects have been earmarked for Colombo in future. “In view of […]
Microsoft to acquire LinkedIn for USD26.2bn
June 14, 2016 (LBO) – Microsoft is to acquire social networking site LinkedIn for 196 US dollars per share in an all-cash transaction valued at 26.2 billion US dollars, inclusive of LinkedIn’s net cash. LinkedIn is the world’s largest and most valuable professional network and continues to build a strong and growing business. Over the […]
360 videos set to transform filmmaking, social media and news
June 11, 2016 (LBO) – 360 degree videos, also known as immersive videos, are expected to revolutionize filmmaking, social media videos and news reporting, with Facebook this week allowing 360 photos to be uploaded by users. The technology is fast growing in popularity with several affordable cameras available on the market. The video from BBC […]
Huawei invests USD9.2 billion in 2015,15-pct of annual revenue for R&D
As a leading ICT solutions and smart device provider and patent owner, Huawei invests heavily in research and development. In 2015 alone, Huawei invested US$9.2 billion, or 15% of its annual revenue, in the research and development of new technologies, new products, and wireless communications standards. Huawei’s substantial investment in R&D over the years has […]
Twitter simplifies character count making more space for tweets
May 25, 2016 (LBO) – Popular online social networking service, Twitter said it will relaxing its 140-character limit for tweets, allowing users to add links, attachments and some other features within the short messages. “In the coming months we’ll make changes to simplify Tweets including what counts toward your 140 characters,” Twitter said in their […]
London Stock Exchange Group increases footprint in Sri Lanka
London Stock Exchange Group (LSEG) announced the signing of a landmark agreement with the government of Sri Lanka to set up their global Business Services arm in the technology-focused Tripoli Market precinct of Colombo. London Stock Exchange Group Sri Lanka will provide Business Services support to the Group’s operating entities across the globe. The new […]