Huawei’s flagship P9 unveils in Sri Lanka
June 25, 2016 (LBO) – Huawei, one of the fastest growing smartphones in Sri Lanka, yesterday unveiled their flagship smartphone Huawei P9 at a vivid …
Technology
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Sri Lanka’s First VoLTE Service on Dialog’s LTE Networks
Dialog Axiata,Sri Lanka’s premier connectivity provider announced Wednesday 22nd June 2016, that the 4G-LTE Networks operated by the Dialog Group had been …
SLT, TRC ink deal to power Lotus Tower
Jun 21, 2016 (LBO) - Sri Lanka Telecom (SLT) and the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) signed a Memorandum of Understanding (MoU) …
York Street Partners, Ikman.lk convene startup investor and entrepreneur forum
June 19, 2016 (LBO) - York Street Partners (YSP), Sri Lanka’s boutique investment bank, joined forces with Ikman.lk, the largest local online marketplace, to …
Sri Lanka’s Dialog demonstrates internet speed of 1 Gbps
Jun 18, 2016 (LBO) - Sri Lanka's Dialog telecom, a unit of Malaysia's Axiata Group, said they established the capability to deliver super broadband …
Huawei Y3II and Y5II to revolutionize entry range smartphone market in Sri Lanka
Reaches 23.3% Sri Lankan smartphone market share in Q1 2016 – GFK Reports Huawei, the fastest growing smartphone in Sri Lanka, announced the launch of two …
Sri Lanka commences innovation portfolio measuring
June 15, 2016 (LBO) - Work on Sri Lanka’s long awaited national Innovation Index which is set to measure the islands innovation portfolio, began in Colombo, …
Microsoft to acquire LinkedIn for USD26.2bn
June 14, 2016 (LBO) – Microsoft is to acquire social networking site LinkedIn for 196 US dollars per share in an all-cash transaction valued at 26. buy …
360 videos set to transform filmmaking, social media and news
June 11, 2016 (LBO) - 360 degree videos, also known as immersive videos, are expected to revolutionize filmmaking, social media videos and news reporting, with …
Huawei invests USD9.2 billion in 2015,15-pct of annual revenue for R&D
As a leading ICT solutions and smart device provider and patent owner, Huawei invests heavily in research and development. In 2015 alone, Huawei invested …
Twitter simplifies character count making more space for tweets
May 25, 2016 (LBO) – Popular online social networking service, Twitter said it will relaxing its 140-character limit for tweets, allowing users to add links, …
London Stock Exchange Group increases footprint in Sri Lanka
London Stock Exchange Group (LSEG) announced the signing of a landmark agreement with the government of Sri Lanka to set up their global Business Services arm …
Private firm to build 10 Mw solar power plant in Vavuniya
May 20, 2016 (LBO) – Sri Lanka’s cabinet has decided to lease a 22 hectare state land in Nedun Kulam, Vavuniya to a private firm to build a 10 Mw solar …
London Stock Exchange shifts shared services to Sri Lanka; hiring staff
May 19, 2016 (LBO) – International markets infrastructure provider London Stock Exchange Group will hire up to 400 highly skilled Sri Lankans as it has …
Demise of Microsoft’s mobile ambitions, return of Nokia
May 19, 2016 (LBO) - The demise of Microsoft’s mobile phone ambitions is on the cards with the company selling its feature phone business to a Foxconn …
MTD Walkers expands to Maldives
May 16, 2016 (LBO) – Integrated infrastructure and engineering solutions provider MTD Walkers announced today that it has expanded its operations to the …
Commercial Bank of Ceylon website hacked: report
May 16, 2016 (LBO) - The corporate website of Commercial Bank of Ceylon was hacked, with its data posted online on May 12 by a hacking group which also posted …
Sri Lanka’s Dialog Axiata net up 35-pct in March quarter
May 12, 2016 (LBO) – Profit after tax at Sri Lanka’s Dialog Axiata group, which has interests in mobile, fixed and pay television rose 35 percent to 2.6 …
Japan’s Sony and Fujisoft ink deal with Sri Lanka’s Smart Metro
May 10, 2016 (LBO) - Smart Metro, a Sri Lankan based software development company signed two separate agreements with Sony Corporation and Fujisoft Inc, …
OTT services, threat to Sri Lankan Telco revenues and state taxes: Dialog Chief
May 10, 2016 (LBO) – Sri Lanka’s telco industry may face a threat of increasing severity arising from revenue erosion due to the impact of Over the Top …