Category: Technology

May 09, 2013 (LBO) – Sri Lanka’s Dialog Axiata said its pay television users grew to 274,000 by March 2013 from 264,000 in December, up 25 percent from a year earlier while mobile subscribers topped 8.0 million. . Revenues in the pay TV business rose 25 percent to 848 million rupees in the March quarter […]

May 01, 2013 (LBO) – Sri Lanka’s Dialog Axiata which is in a consortium of telecom firms that is building a submarine cable system running from Malaysia to the Middle East through South Asia said it would increase international connections. “The provision of this alternate artery will provide a tremendous boost to the overall connectivity […]

Apr 30, 2013 (LBO) – Sri Lanka’s Dialog Axia, its parent Telekom Malaysia, UK’s Vodafone and Middle Eastern operators are teaming up to build an 8,000 kilometer undersea cable system, consortium partner Reliance Industries Limited of India said.The cable system is expected to be operating by end 2014. The ‘Bay of Bengal Gateway’ submarine cable […]

Apr 13, 2013 (LBO) – Sri Lanka’s Dialog Axiata, a unit of Malaysia’s Axiata group said its mobile broadband subscribers grew 44 percent to 455,000 in 2012. The group has a mobile subscriber base of 7.7 million. Last month the company launched fourth general mobile broadband with FD-LTE technology, which it said was the first […]

Apr 11, 2013 (LBO) – Sri Lanka has moved up two places in a ranking compiled by the World Economic Forum, which measures how well information communications technologies are used by the people to 69, just behind India.Last year Sri Lanka was 71 out of 142 countries.Sri Lanka moved up in 2013 out of 144 […]

Apr 04, 2013 (LBO) – Sri Lanka’s MAS Holdings is investing 20 million US dollars in attune Consulting, an information technology firm that caters to the apparel and fashion industry, said. Attune said it was looking to aggressively expand its technology offering to fashion and lifestyle value chain, up to the retail. “Our exclusive focus […]

Apr 04, 2013 (LBO) – HSBC said it had arranged a 100 million US dollar export credit from Belgium for Etisalat Sri Lanka to expand its network with equipment made by Alcatel-Lucent. “The strong partnership with HSBC, ONDD and Alcatel-Lucent will now enable us to offer the best in technology and services to our customers.” […]

Apr 02, 2013 (LBO) – Sri Lanka’s Dialog Axiata, a unit of Malaysia’s Axiata said it had launched commercial fourth generation mobile services in Colombo, making it the first in South Asia. Dialog’s service is based on frequency division – long term evolution standard (FD-LTE) technology requiring paired bandwidth for separate uplink and downlink channels. […]

Mar 28, 2013 (LBO) – Sri Lanka’s Dialog Axiata, which bought a slice of 1800MegaHertz band spectrum says it will launch fourth generation high speed mobile broadband services shortly. Dialog group operates Sri Lanka’s largest mobile network with 7.8 million subscribers with GSM, 3G and HSPA+ technology. Dialog says it was chosen as the internet […]

Mar 28, 2013 (LBO) – Sri Lanka’s Dialog Axiata has paid 3.2 billion rupees to buy a 10Mega Hertz block of spectrum in the 1,800MHz band which can be used for fourth generation high speed mobile broadband, telecom regulator Anusha Pelpita said. Mobitel and Etisalat had also participated in the spectrum auction by Sri Lanka […]

Mar 28, 2013 (LBO) – Sri Lanka is allowing spectrum sharing and domestic roaming to promote shared resources and cut costs so that broadband tariffs can be kept low, the telecom regulator said. “We are allowing spectrum sharing,” director general of the telecommunications regulatory commission of Sri Lanka (TRCSL) Anusha Pelpita said. “We will not […]

Mar 22, 2013 (LBO) – Fitch ratings said it had confirmed a ‘BB-‘ rating of Sri Lanka Telecom with a stable outlook helped by its strong market leadership in fixed services and a number two position in mobile.“SLT’s ratings reflect its market-leading position in Sri Lanka’s fixed-line services underpinned by its monopoly in wireline and […]