Category: Technology

July 16, 2010 (LBO) – Sri Lanka’s Environmental Resources Investment (ERI) group has invested 100 million rupees for a stake in Enterprise Technology (Pvt) Ltd (ETPL) as it expands into the information technology sector, a statement said. The investment was made through Olancom, ERI’s information and communication technology holding company, which it bought earlier in […]

July 15, 2010 (LBO) – Sri Lanka’s PC House, an information technology firm, will raise 630 million rupees in an initial public offering (IPO) to expand its IT enabled services business and product distribution, officials said. “The government has taken a lot of initiatives, they have already started spending, trying to bring IT to the […]

July 15, 2010 (LBO) – Sri Lanka’s Nokia sales agents want to preserve market share by winning back customers from Chinese brands with the launch of handsets that can connect to two networks, an official said. The rest of the market is shared between other brands such as Blackberry, HTC, Motorola, Samsung and LG. Nokia […]

July 14, 2010 (LBO) – Sri Lanka’s telecom regulator is enforcing floor prices and interconnection rates for mobile phones from July 15, ending a price war that has put the industry deep in the red, though concerns remain. Sri Lanka had a ‘sender keep all’ regime for mobiles where all the revenue could be kept […]

July 09, 2010 (LBO) – Mobile broadband quality of the two largest players in Sri Lanka’s western province, where the capital Colombo is located, is satisfactory when compared to promised and international benchmarks, researchers have found. But Dialog, a unit of Axiata of Malaysia has wide mobile broadband coverage as well as Mobitel, a unit […]

July 06, 2010 (LBO) – Dialog Telekom has inked an Inter-Carrier-Interconnection (ICI) deal with Hong Kong based HKT group which enable users to maintain a network similar to a local area network (LAN) with international branch offices. The network upgrade will allow users to interconnect voice, data and video applications with overseas branch network similar […]

July 05, 2010 (LBO) – Sri Lanka’s PC House has got approval from the investment promotion agency to set up a subsidiary with an investment of three million dollars to do internet data centre operations, a statement said. The Board of Investment said IDC and information technology outsourcing were seen as businesses with growth potential. […]

June 16, 2010 (AFP) – At least 15 people using their mobile telephones while walking on railway tracks have been killed by trains in Sri Lanka this year, a railways official said Wednesday. There are about 14 million mobile phone users in Sri Lanka, which has a population of 20 million people. Accidents have increased […]

June 15, 2010 (LBO) – Mobile phone payment and music are among applications likely to be popular in south Asian countries like Sri Lanka where local-language content and catering to rural consumers are also important, an industry analyst said. “Designing for mobile consumers is the key rather than designing for mobile technology,” said Dileeka Dias, […]

June 14, 2010 (LBO) – Etisalat’s Sri Lanka unit has invited developers to create mobile applications and is offering to share 70 percent of revenue from sales, an official said. Dumindra Ratnayaka, chief executive of Etisalat Sri Lanka said the firm, which was taken over by Etisalat Telecommunication Corporation in the UAE in February 2010, […]

June 11, 2010 (LBO) – Mobile phone applications have the potential to reduce the gap between rich and poor in developing countries like Sri Lanka, the island’s minister of technology and research said. The mobile phone is joining the personal computer and television in empowering people and giving them access to information to make their […]

SINGAPORE, May 30, 2010 (AFP) – Entrepreneur Binod Hariharan has big plans for his southern Indian firm, which develops astrology-based computer software to help users find a suitable spouse or plot their career paths. Similarly ambitious is Somporn Maneeratanakul, managing director of Thai Software Enterprises, and Nguyen Minh Duc, director of BKIS Security, a Vietnamese […]