Locally Made

Aug 12, 2009 (LBO) – Dubai-based EZY Infotech said it has launched their first computer made in Sri Lanka, a slim desk-top machine powered by Intel Atom technology. EZY Infotech set up a fully-automated manufacturing plant in February 2009 in the suburb of Ratmalana south of Colombo to make computers bearing the ˜Manufactured in Sri […]

Tele Calls

Aug 10, 2009 (LBO) – Profits of Sri Lanka Telecom group, fell 75 percent to 375 million in the June 2009 quarter, while revenues stayed flat at 11.74 billion rupees, with growth in data and mobile sectors, the company said. Operating costs rose 26 percent to 7.39 billion rupees, partly on account of Mobitel network […]

Knowledge Wiki

Aug 06, 2009 (LBO) – Lankapedia, a newly launched Sri Lanka specific site styled on the popular Wikipedia portal, is setting the stage to make user generated content about the island more popular, officials said. “I think user generated content is the future,” says Rohan Samarajiva, head of LirneAsia, a regional think tank that has […]

Tele Moves

Aug 05, 2009 (LBO) – India’s Bharti Airtel is planning to bid for Sri Lanka’s Tigo network which has been put on sale by its parent, Millicom International Cellular, a media report said. “Millicom’s Asian assets are potentially interesting for VimpelCom, because they are based in the region that VimpelCom views as the main strategic […]

Top Marks

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 […]

Organic Growth

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 […]

Telco Scout

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 […]

Wire Drop

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 […]

Cost Model

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 […]

Million Mark

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,” […]

Tech Venture

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 […]

Northern Link

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 […]

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