Category: Technology

Dec 13, 2011 (LBO) – WSO2, a Si Lanka-based provider of ‘ middleware’ that lets information technology applications talk to each other, said it has been rated high in a new industry survey. The company has been cited as a strong performer in the ‘Standalone SOA Management Solutions, Q4, 2011’ report published by an independent […]

Dec 02, 2011 (LBO) – Sri Lankan celco Dialog Axiata is expanding its fibre optic coverage with plans to provide high-speed broadband connectivity to over 100 buildings in the capital Colombo, an official said. The high-speed fibre optic links enable video conferencing and telephony that would improve corporate business communications, he said. Mangala Hettiarachchi, the […]

Nov 29, 2011 (LBO) – Sri Lankan celco Dialog Axiata said its Group Chief Marketing Officer Nushad Perera is to take up a regional role at the headquarters of the Axiata Group Berhad in Kuala Lumpur, Malaysia. The group currently has controlling interests in subsidiary operations in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia as […]

Nov 28, 2011 (LBO) – Alcatel-Lucent has said it sees big opportunities in post-war Sri Lanka especially in extending its services from the island’s telecom sector to railways and public safety. Alcatel-Lucent’s Managing Director for Sri Lanka & the Maldives Upendra Samaratunge said the company’s association with Sri Lanka started over three decades ago when […]

Nov 28, 2011 (LBO) – Sri Lankan celco Dialog Axiata is supplying asset tracking services using satellites for rice millers in the main north-central cultivation region that allows monitoring of vehicle movements and their cargoes. Suresh Sidhu, group chief officer for enterprise and global business of Dialog Axiata, said they had supplied rice millers in […]

Nov 22, 2011 (LBO) – Sri Lanka has raised a levy on international calls with each outgoing minute charged 3 rupees from the current 2 rupees, a budget for 2012 presented to parliament said. Incoming calls will be charged 9 US cents per minute, up from the current rates of 7 US cents. The state […]

Nov 22, 2011 (LBO) – Millennium Information Technologies, a unit of London Stock Exchange that was founded in Sri Lanka said its software has gone lived at Bangladesh’s Chittagong Stock Exchange. The system was implemented by Polaris India. Installation, trials and final implementation had taken nine months. MillenniumIT chief Tony Weerasinghe said the systems will […]

Nov 17, 2011 (LBO) – Sri Lanka telecom operators are likely continue spend on fiber optics and network upgrades next year to meet post-war demand, though the sector is facing tighter margins and regulatory risk, Fitch Ratings said. Fitch said large operators would be stable but the outlook for smaller operators was negative and regulatory […]

WASHINGTON, November 14, 2011 (AFP) – Amazon began shipping the Kindle Fire on Monday as initial reviews were mixed for the touchscreen tablet computer seen as a potentially strong rival to Apple’s market-leading iPad. The Seattle, Washington-based online retail giant had initially planned to ship the Kindle Fire, which at 9 costs less than half […]

Nov 11, 2011 (LBO) – Sri Lanka founded MilleniumIT, now a part of the London Stock Exchange group said it will provide securities trading and clearing technology to the Delhi stock exchange. The agreement covers technology for equity, derivatives, FX trading and clearing technology. The platform will offer “international investors advanced technology access to India’s […]

Nov 09, 2011 (LBO) – Virtusa Corporation, a Nasdaq listed information technology company founded by Sri Lankan born entrepreneurs has been included in a list of 100 small best small companies in America, the company said. “We are delighted to be recognized on Forbes’ list of 100 Best Small Companies in America, said Kris Canekeratne, […]

Nov 08, 2011 (LBO) – Sri Lanka Telecom, the island’s only wireline operator, which also owns a mobile firm said profits rose 3 percent to 1,058 million rupees in the September 2011 quarter from a year earlier, with revenues staying flat at 12. 6 billion rupees. The group said broadband and mobile services were growing […]