Category: Technology

Feb 24, 2014 (LBO) – Sri Lanka’s Dialog Axiata Plc, said it has developed a mobile point of sale (mPOS) application with extra features that will be first deployed in the island’s largest taxi service.3 Wheel Lanka (Pvt) Ltd, which operates under the ‘Budget Taxi’ will carry the patent-pending ‘Dialog Street Smart’ product, using a […]

Feb 18, 2014 (LBO) – Profits at Sri Lanka’s Dialog Axiata, which has interests mobile, fixed and pay television, rose 20 percent from a year earlier to 1.1 billion rupees in the December 2013 quarter, interim accounts showed. The group reported earnings of 14 cents per share for the quarter. In the year to December […]

Jan 28, 2014 (LBO) – Sri Lanka Telecom whose main shareholders are Sri Lanka’s goverment and Malaysia’s UT group said its mobile unit was in talks with Hutchison to acquire its operations in the island.SLT said in a stock exchange filing that negotiations are at a “preliminary stage” with a final decision to be made […]

Jan 28, 2014 (LBO) – Netherlands based ISM eCommerce will set up a 3 million US dollar business process outsourcing and software development unit in Sri Lanka, the island’s state investment promotion office said.The firm’s customers included Royal Dutch Post (PostNL), Seiko Watches, Akzo Nobel, Heineken and Chelsea football club, the Board of Investment of […]

Jan 20, 2014 (LBO) – Sri Lanka Telecom said it had expanded broadband service coverage by deploying fourth generation wireless technology to areas that are not served by its wired network.From January data volumes on all broadband packages had been increased. SLT provides broadband services through ADSL (assymetrical-digital-subscriber-lines), fibre to home and now through 4G […]

Jan 20, 2014 (LBO) – Sri Lanka Telecom said it had expanded broadband service coverage by deploying fourth generation wireless technology to areas that are not served by its wired network.From January data volumes on all broadband packages had been increased. SLT provides broadband services through ADSL (assymetrical-digital-subscriber-lines), fibre to home and now through 4G […]

Jan 19, 2014 (LBO) – R B Ekanayake, an information communications technology industry veteran who was has contributed in key ways to automating Sri Lanka’s banking sector has passed away.He had been President of Sri Lanka’s Association Professional Bankers had as received the award for the ‘Most Outstanding Contribution to the Banking Sector.‘ Ekanayake was […]

OSLO, January 18, 2014 (AFP) – Most books published in Norway before 2001 are going online for free thanks to an initiative that may have found the formula to reconcile authors with the web.At a time when the publishing world is torn over its relationship to the Internet — which has massively expanded access to […]

Dec 30, 2013 (LBO) – About 11.4 percent of households in Sri Lanka have internet access at home, with 9.2 percent accessing through other means with communications centres were playing a key role, official data shows. In Trincomalee 3.7 percent of households had internet access through Nanasala booths, followed by 3.6 percent in Ampara and […]

Dec 18, 2013 (LBO) – Bharti Airtel is close to exiting Sri Lanka after investing 300 million US dollars to acquire two million users, a media report said.India’s Hindu Business Line newspaper citing un-named sources said after give months of negotiations it was close to a sale to Etisalat, which had a five million user […]

Dec 12, 2013 (LBO) – SAP AG, an information technology company known for its enterprises resource planning software is expecting more business in Sri Lanka with a wider range of its products including e-government solutions, an official said.Public services included central and regional government, Treasury, healthcare, education, port and airports and project management. On Tuesday […]

SAN FRANCISCO, December 10, 2013 (AFP) – Updated mobile software rolled out Tuesday by Twitter lets smartphone users send pictures in direct, personal messages seen only by recipients instead of being shared publicly on the social network. “For the first time, you can share and view photos via direct message on your mobile phone,” Jeremy […]