Category: Technology

Mar 05, 2012 (LBO) – Sri Lanka is building an information technology park in Suriyawewa in Hambantota in the island’s south, which is expected to be fully operational by 2016-2017, an official said. Reshan Devapura, head of Sri Lanka’s state ICT Agency said the IT park is being built on a 200 acre site. The […]

Feb 22, 2012 (LBO) – Sri Lanka Telecom Plc group said net profit for the December 2011 quarter fell 17 percent to 1.26 billion rupees from a year earlier, with revenues at core wireline business slowing, interim accounts showed. The group reported earnings of 71 cents per share. In the year to December the group […]

Feb 18, 2012 (LBO) – Sri Lanka’s Dialog Axiata, a unit of Malaysia’s Axiata and the islands largest mobile firm said group profits for the December 2011 quarter rose 11 percent to 1. 4 billion rupees, from a year earlier. Fixed broadband operations earned 2.3 billion rupees and lost 942 million rupees at gross level […]

Feb 16, 2012 (LBO) – Etisalat’s Sri Lankan unit has teamed up with booksellers and a software firm to launch an electronic book store for local publishers and authors, officials said. The online e-book store, called ‘Book Hub’ to be commercially launched by end of March, will be in all three languages and available on […]

Jan 29, 2012 (LBO) – Sri Lanka’s fixed wireless users shrank 1.4 percent to 2.63 million in the third quarter of 2011, from a year earlier, but internet users, which include mobile broad bank rose 100 percent, official data shows. . Fixed wireline grew 4.6 percent to 929,851. Sri Lanka Telecom, the island’s only wireline […]

TAIPEI, Jan 25 (AsiaPulse) – Tablet computers will contribute enormously to the worldwide semiconductor market by 2015 as different platforms compete to interest consumers, according to market intelligence firm Gartner Inc. Gartner forecasted that tablet semiconductor revenue will amount to US$20 billion (NT$604.5 billion) in 2015, compared with US$6 billion in 2011, ranking fourth behind […]

Jan 24, 2012 (LBO) – MillenniumIT, a securities trading technology provider said it is expanding a software development complex in Sri Lanka with business volumes growing after it became part of the London Stock Exchange group. MillenniumIT was bought by the London Stock Exchange in 2009 now has a staff of 600 in Sri Lanka. […]

Jan 20, 2012 (LBO) – Sri Lanka’s Kalhari Group has tied up with Epsi Computers for safe disposal of electronic waste which will be exported for recycling, a statement said. œElectronic waste is a new area for us,” Rajapaksa said. “We expect to provide Sri Lankans the facility to easily dispose of their electronic waste […]

Jan 17, 2012 (LBO) – Sri Lanka and India have signed an agreement to set up a mechanism of technical and institutional cooperation in telecommunications. The memorandum of understanding is between the Telecom Regulatory Authority of India (TRAI) and Telecommunication Regulatory Commission of Sri Lanka (TRCSL). The deal was signed during a visit to the […]

Jan 12, 2012 (LBO) – Sri Lankan mobile phone users showed the highest awareness of the use of the instrument to access health services, according to a new study of countries in the Asian region. “Operators need to target current Internet users and more educated within the BOP segment,” the study said. “The key benefit […]

Jan 12, 2012 (LBO) – Sri Lankan mobile phone operator Dialog Axiata has appointed as its new Group Chief Marketing Officer Amali Nanayakkara, former chief executive of its rival Airtel Lanka. Nanayakkara, who will take up office in February 2012, is a marketing professional with over 20 years of experience in senior management postings in […]

Jan 10, 2012 (LBO) – Sri Lanka’s telecommunications regulator has drawn up a new policy that will regulate construction and use of transmission towers by mobile phone companies and radio and television stations. A national policy on telecommunications transmission towers was required with growing competition among mobile phone providers who have put up their own […]