Category: Technology

Feb 18, 2013 (LBO) – Sri Lanka’s Dialog Television (DTV) a unit of Dialog Axiata offering satellite based pay television said subscribers grew 23 percent to 264,000 in 2012 from a year earlier. But profits after tax fell 57 percent to 11 million rupees in 2012 from a year earlier due to an equipment write-down, […]

Feb 12, 2013 (LBO) – Sri Lanka Telecom said Lalith de Silva, who headed its cellular unit has taken over as the new group chief executive from February 07. He will oversee SLT units other than Mobitel. De Silva said SLT would continue roll out communications technology to benefit customers. “I hope to build and […]

Feb 07, 2013 (LBO) – A newly established Sri Lanka chapter of The International Association of Outsourcing Professionals (IAOP), a body with over 200,000 members will help raise standards and attract new business, officials said. The International Association of Outsourcing Professionals (IAOP) with over 200,000 associate members worldwide already has 60 local chapters, sets standards […]

Feb 04, 2013 (LBO) – Google has helped users in sri Lanka celebrate the country’s Independence Day on 2013 with a ‘Google Doodle’ on its homepage with a stylized lion and three colours found in the national flag. The doodle is visible on the google.lk home page worldwide and google.com pages viewed in Sri Lanka. […]

Jan 23, 2013 (LBO) – Sri Lanka’s MillenniumIT, a unit of the London Stock Exchange said its software is being used for monitoring equity and derivative markets in Malaysia. The ‘Millennium Surveillance’ software integrated the equity and derivatives trading platforms to a unified system offering Bursa Malaysia offering a better insight into trading behavior and […]

Jan 21, 2013 (LBO) – Asian mobile operators are likely to see sharp falls in short message service (SMS) revenues as subscribers shift to services like WhatsApp which allow unlimited texting, an economic research consultancy has said.In December 2012, WhatsApp had processed 7 billion inbound messages and 11 billion outbound messages worldwide on December 31. […]

Jan 18, 2013 (LBO) – MilleniumIT, a Sri Lanka based unit of the London Stock Exchange group has struck a deal to provide trading and order routing technology to Peru’s Lima Stock Exchange. Peru will get Millennium Exchange softer and Millennium SOR smart order routing technology. “We are very conscious of the relevance of technology […]

Jan 09, 2013 (LBO) – Sri Lanka’s MAS Holdings has adopted a system provided by MillenniumIT and Dialog Axiata for internal communications for its plants and design centres in 41 locations in 10 countries. MillenniumIT, a unit of the London Stock Exchange group said the Microsoft Lync Server based system hosted by Dialog will allow […]

Jan 03, 2013 (LBO) – Mobitel, a unit of Sri Lanka Telecom is expanding its base stations by 1,800 to 3,500 which will result in 100 percent coverage of the population, the cellular operator said.The firm said it had opened ‘contact centres’ in Mullativu in the north and Sooriywewa in the south creating ICT based […]

Dec 31, 2012 (LBO) – Mobitel, a unit of Sri Lanka Telecom, the country’s largest fixed access provider, said it had launched fourth generation services (4G) using LTE (long term evolution) technology, Mobitel said it was the first company in South Asia to trial the services in May 2011 with downlink speeds exceeding 96Mbps. “Mobitel […]

Dec 30, 2012 (LBO) – Sri Lanka’s Dialog Axiata, a unit of Malaysia’s Axiata said it had launched fourth generation commercial broadband services starting with the capital Colombo targeting home and office markets. Wijayasuriya said the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has created an environment which encouraged investment in new technology. “The smooth […]

Dec 28, 2012 (LBO) – Surfers in South Asian nations, led by Sri Lanka are among those who searched most for the English word ‘sex’ in Google in 2012, according to data from the search giant originally unearthed by Emirates 24/7, a UAE based news portal. A query on Google trends, which tracks search queries […]