Category: Technology

Oct 07, 2011 (LBO) – Sri Lankan mobile phone operator Dialog Axiata has retained its ‘AAA(lka)’ Fitch rating with a stable outlook, remaining the top player albeit with reduced market share while lowering revenue exposed to the overcrowded mobile industry. At the same time, Fitch said in a statement it has confirmed Dialog’s cumulative redeemable […]

SAN FRANCISCO, October 6, 2011 (AFP) – Steve Jobs was once known as the man who saved Apple computers. He will be remembered as one of the rare few who changed the world. Jobs guided Apple from the brink of financial ruin to a lofty place among the world’s most valuable companies before his death […]

CHIBA, October 4, 2011 (AFP) – Smartphones detecting bad breath and radiation, twistable remote controls and a super-thin tablet computer featured among the cutting-edge gadgets at Asia’s biggest tech fair in Japan Tuesday. Around 600 firms unveiled their innovations at the Combined Exhibition of Advanced Technologies (Ceatec) exhibition in Chiba, near Tokyo, expected to draw […]

Sept 28, 2011 (LBO) – Sri Lankan mobile operator Dialog Axiata has struck a deal with Singapore’s StarHub mobile firm to offer customized international connectivity solutions to customers. “The partnership is focused on delivering the lowest cost connectivity solutions with strict service levels between Sri Lanka and Singapore using each other’s network,” a statement said […]

Sept 26, 2011 (LBO) – PC House, a Sri Lankan information technology company, has bought a 90 percent stake in Infoserve (Private) Limited for 45 million rupees. The company also has a firm revenue stream from computer hardware and software sales and setting up networks. Infoserve is a company based in Sri Lanka providing Internet […]

Sept 20, 2011 (LBO) – Sri Lanka’s mobile users grew 14. 5 percent to 18.1 million in the second quarter of 2011 from a year earlier down from an 18. 5 percent expansion seen in the first quarter, official data showed. Wireless fixed usage contracted 2. 5 percent to 2.68 million in the second quarter […]

Sept 19, 2011 (LBO) – Sri Lanka was re-elected to chair the Commonwealth Telecommunications Organization (CTO) at its 51st council meeting held in Trinidad and Tobago, the state information office said. Pelpita said Sri Lanka looked forward to working with Tim Unwin, the CTOs new chief executive and thanked outgoing CEO Ekwow Spio-Garbrah for his […]

Sept 19, 2011 (LBO) – Sri Lanka Telecom, the island’s dominant fixed line operator, has commissioned a fibre optic network in the former northern war zone providing high speed links with the rest of the country and abroad. œThe launch of the i-Sri Lanka project helps bridge the divide between Jaffna and the rest of […]

Sept 14, 2011 (LBO) – e-Channelling, a listed Sri Lankan dotcom enabling patients to make appointments with doctors over the internet, is “aggressively” promoting the service outside Colombo after a sharp increase in bookings when it expanded its hospital network. The company said it is also looking to inject about a billion rupees into a […]

Sept 13, 2011 (LBO) – The Sri Lanka unit of UAE’s Etisalat said it is offering a discounted international call package to migrant workers in partnership with the island’s main foreign employment agency association. “As an international company operating in a country that has a significant segment of its labor force working overseas, we understand […]

Sept 12, 2011 (LBO) – Sri Lanka’s Millennium Information Technologies (MillenniumIT), a securities trading software specialist that is part of the London Stock Exchange group said it had appointed a new president and general manager. Amit Alok, takes over as president and general manager but will report to MilleniumIT founder Tony Weerasinghe who is now […]

Sept 06, 2011 (LBO) – Suntel a wireless access unit of Sweden’s Telia will is being chased by at least two suitors, but Sri Lanka Telecom, the island’s largest telco said it was no longer interested in the firm. Lanka Bell, the other standalone wireless operator is however profitable due to its access to the […]