Category: Technology

March 05, 2010 (LBO) – Etisalat’s new Sri Lankan mobile subsidiary is in talks with banks to offer financial services on mobile phones, such as money transfers for migrant workers in the Middle East, a senior company official said. Riyaaz Rasheed deputy chief executive of Etisalat Lanka said the mobile operator is seeking to tie-up […]

WASHINGTON, March 1, 2010 (AFP) – The Internet has become the third most popular news platform for American adults, trailing only local and national television stations, according to a survey released on Monday. Seventy-eight percent of the 2,259 adults surveyed for the Pew Research Center’s Internet & American Life Project and the Project for Excellence […]

SAN FRANCISCO, February 28, 2010 (AFP) – US national security leaders and top cyber warriors from around the world are gathering here to plot defenses against criminals and spies that increasingly plague the Internet. Homeland Security Secretary Janet Napolitano and White House Cyber Security Coordinator Howard Schmidt will take part in this week’s RSA conference […]

Feb 26, 2010 (LBO) – Sri Lanka Telecom group said it suffered a loss in the December quarter but ended the year with a net profit of 785 million rupees, down 89 percent from a year ago. Group sales in the 2009 financial year rose two percent to 48 billion rupees from the previous year, […]

Feb 25, 2010 (LBO) – Etisalat’s new Sri Lankan mobile subsidiary said it plans to expand coverage to cover the entire island, offer high speed links and use its international group network to give preferential rates to win customers. “We’re here to stay in Sri Lanka,” Etisalat group chief marketing officer Essa Al Haddad told […]

Feb 17, 2010 (LBO) – Software piracy by private sector companies in Sri Lanka is the main problem facing software developers, the Business Software Alliance (BSA), an industry body said. The organization, which represents the commercial software industry and its hardware partners, said in a statement it has taken legal action against companies using pirated […]

February 17, 2010 (LBO) – Sri Lankan computer hardware distributor eSys Technologies has launched a range of high capacity, eco-friendly network storage devices. The products include Universal Tech’s NoTouchâ„¢ Elite 2800 External Storage and MyXerverâ„¢ MX3600 Network Storage devices, eSys said in a statement. Universal Tech is an Asian brand for external storage devices, offering […]

Feb 16, 2010 (LBO) – The World Bank said money given for Sri Lanka’s telecom regulator cannot be used for net censorship activities following reports that Chinese expertise would be hired to clamp down on web news portals. World Bank said it has giving a grant from its Institutional Development Fund for the Telecommunications Regulatory […]

BARCELONA, February 15, 2010 (AFP) – The mobile phone industry’s biggest event opens Monday as it begins to emerge from the global economic crisis with the promise of new devices that will revolutionise the way people communicate. Global shipments of handsets had been falling every quarter since the third quarter of 2008, when the global […]

Feb 15, 2009 (LBO) – Sri Lanka Dialog Telecom lost 2.2 billion rupees in the December 2009 quarter down from a 3.9 billion rupees loss a year earlier, while full year losses hit 12.2 billion rupees as the firm took large write offs during the period. Revenues had grown 12 percent from a quarter earlier […]

Feb 14, 2010 (LBO) – Sri Lanka’s telecom regulatory authority has not received orders to devise a law to control internet news websites, though monitoring cannot be ruled out in the future, a top official said. “There is nothing in the cards,” Anusha Pelpita, director general the Telecom Regulatory Commission of Sri Lanka (TRC) said. […]

Feb 10, 2010 (LBO) – An accounting control software which only needs a web browser to access and operate an organization’s financial system has been developed jointly by UK-based Proteus Software and Kingslake of Sri Lanka. Kingslake Sri Lanka in partnership with IBM and a leading local telecommunications company would provide the software for a […]