Category: Technology

July 29, 2010 (LBO) – Sri Lanka is ready for mobile number portability, where the subscribers who switch telecom operators can take their personal number with them to the new provider, but the rule should also apply to fixed networks, an industry official said. But Sri Lanka’s fixed access sector is stagnant or shrinking. In […]

July 28, 2010 (LBO) – Two companies plan to set electronic commerce ventures in Sri Lanka which is promoting itself as a site for business process outsourcing, the Board of Investment said in a statement. The investment promotion agency said it has given investment approval to Senit Technologies and Vingrows Business Solutions to start operations […]

July 26, 2010 (LBO) – Sri Lankan mobile phone operator Dialog Axiata made a net profit of 1. 37 billion rupees in the June 2010 quarter compared with a loss of 7.24 billion rupees a year ago, a stock exchange filing said. Sales rose 14.3 percent to 10.16 billion rupees over the period while administration […]

ASPEN, July 25, 2010 (AFP) – Top technology and media executives wrapped up a three-day conference here during which they grappled with — and left unresolved — the question of whether readers will pay for news online. Firmly in the paid camp in the “paid vs. free” debate was News Corp.’s head of digital operations […]

July 22, 2010 (LBO) – Sri Lanka’s PC House is planning a 100 seat business process outsourcing centre in the island’s northern Jaffna peninsular to provide accounting and back office services to the international market, an official said. It already has a 200 seat BPO processing documents for the Sri Lanka government. Though Sri Lanka […]

July 22, 2010 (LBO) – A Sri Lankan software industry group cracking down on piracy has warned that foreign companies in the island cannot assume they are covered by software licences held by their overseas parents. The Business Software Alliance (BSA), a global trade association representing the software industry, said it had entered into a […]

July 20, 2010 (LBO) – Sri Lanka’s Etisalat unit said it was spending 163 million US dollars to expand its network into war ravaged north of the country and improve its broadband services in urban areas. The expansion will see 480 new base stations taking the total to 1580, which the firm says will be […]

MUMBAI, July 19, 2010 (AFP) – Shares in India’s Reliance Communications rose nearly four percent Monday on a media report that Abu Dhabi’s Etisalat was close to buying a 26-percent stake in the firm for 3. 0 billion dollars. Reliance paid the government 85. 8 billion rupees (1.86 billion dollars) for third-generation (3G) spectrum at […]

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 […]