Category: Technology

Aug 03, 2009 (LBO) – Sri Lanka’s low costs has helped it to be ranked among the top 20 global outsourcing destinations for information technology and business process outsourcing (IT/BPO), an industry body said in a statement. The A T Kearney report points out that Sri Lanka has advantages considering its proximity to India, and […]

Aug 01, 2009 (LBO) – Software giant Microsoft’s Sri Lanka unit, in the news because of widespread piracy here and its high product prices, is focused on spreading computer literacy to grow its business at double digit rates, officials said. The proprietary software maker, whose operating systems run 90 percent of computers worldwide, only has […]

July 30, 2009 (LBO) – Emirates Telecommunications Corporation or Etisalat is scouting for investment opportunities in Sri Lanka’s fast growing telecom sector after the end of its decades long ethnic war, a top official said. Millicom officials have not commented on individual firms that are in the bidding process except to say that several firms […]

July 29, 2009 (LBO) – Sri Lanka’s wireline telephone connections dropped by 60,000 to 876,064 in the first quarter of 2009, the latest official data showed, though fixed wireless phone use continued to grow. “The decline of fixed connections started around 2000 in Finland, where now over 40 percent of homes are mobile-only,” says Rohan […]

July 29, 2009 (LBO) – The Sri Lankan unit of Bharti Airtel, which entered the island in January triggering a price war, says it is confident of making money with its low cost business model. “When we look at countries like Sri Lanka, we feel that the model we used in India can be replicated […]

July 28, 2009 (LBO) – Sri Lanka’s Bharti Airtel has exceeded one million customers and the firm is rolling out its network in the east of the island, following the end of a 30-year war in the island, a top official said.“We have exceeded one million customers in Sri Lanka in 171 days of operations,” […]

July 25, 2009 (LBO) – Sri Lanka’s Aitken Spence had formed a company to develop hotel sector software, California Software Company Limited (Calsoft), a Bombay listed Indian information technology firm has said. The company will develop software targeting businesses operating in the hospitality industry at first. The joint venture firm named ‘CalSpence’ will have its […]

July 24, 2009 (LBO) – Lanka Bell, a Sri Lankan wireless fixed access telco said it had connected the northern Jaffna peninsular to its network, opening a new base station and an office.“A high quality and purse-easy telecommunication service is an essential need of the people in Jaffna,” Lanka Bell managing director Prasad Samarasinghe said […]

July 24, 2009 (LBO) – Microsoft Sri Lanka said it had begun a drive to make information technology popular in rural areas, with a local language interface, free software downloads and training. Microsoft and its partner organization would also support trading in Sinhalese and Tamil languages. Training literature would also be made available. A school […]

July 24, 2009 (LBO) – Sri Lanka Telecom said it won a contract to provide communications to the island’s Ministry of Science and Technology and 300 technology transfer centres that include free voice calls within the network. The deal includes supply communications services to technology institutes and research and development centres under the ministry, SLT […]

July 24, 2009 (LBO) – Sri Lanka’s software industry said a survey of export earnings indicates it had grown rapidly in a short period and had high levels of revenue per employee and return on capital employed. “The industry is based on knowledge workers and creates high paying jobs for educated youth. IT/BPO industry is […]

July 22, 2009 (LBO) – Millicom International Cellular, the parent of Sri Lanka’s Tigo celco, would complete the sale of its Asian operations by the first quarter of 2010, chief executive Mikael Grahne has said.“The disposal of our Asian assets is in progress and expression of interest have been received from a number of parties […]