Fresh Impetus
Oct 18, 2009 (LBO) - Etisalat, an Abu Dhabi based telco that bought Sri Lanka's Tigo from Millicom International Cellular, says it will invest more in the firm …
Technology
Tele Sale
Oct 16, 2009 (LBO) - Millicom International Cellular will sell its Sri Lanka unit for 155 million US dollars to Etisalat, a Middle Eastern telco, with the sale …
Outlook Lift
Oct 14, 2009 (LBO) - Fitch Ratings has lifted the outlook on Sri Lanka Telecom's 'B+' foreign currency rating to 'stable' from 'negative' following the upgrade …
Regional Links
Oct 07, 2009 (LBO) - Sri Lanka's wireless access provider Lanka Bell said it has reduced call rates to India. The company pays them 50 cents for every minute …
BPO Buy
Oct 06, 2009 (LBO) - Control of IsmartTimex, a Sri Lanka based outsourcing firm has been acquired by India's Aegis Limited, a unit of the Essar group, but a …
Rural Outsourcing
Oct 02, 2009 (LBO) – Sri Lanka's rural economy can take a slice of India's 12 billion dollar Business Process Outsourcing (BPO) industry by catering to …
Trading Platform
LONDON, October 1, 2009 (AFP) - Britain's London Stock Exchange announced Thursday that it is in exclusive talks to buy pan-European electronic trading …
Regional Links
Sept 23, 2009 (LBO) - A South Asian broadband communication conference and expo to be held in Sri Lanka in October with speakers from the global industry will …
Tele Chase
NEW DELHI, Sept 18 (Asia Pulse) - Luxembourg-based Millicom has rejected Indian telecom PSU BSNL's bid to acquire its operations in Sri Lanka, but India's …
Done Deal
Sept 16, 2009 (LBO) - The London Stock Exchange (LSE) said it will acquire Sri Lanka's MillenniumIT for 30 million US dollars (sterling 18 million), with the …
UK Move
Sept 15, 2009 (LBO) - Sri Lanka's Millennium IT will be acquired by London Stock Exchange and its faster trading software would replace the British bourse's …
Looser Words
Sept 15, 2009 (LBO) - A travel advisory on Sri Lanka has been further relaxed with a reduced level of terrorist threat, in the island, the British High …
Mobile Bid
Sept 14, 2009 (LBO) - Emirates Telecommunications Corporation or Etisalat has confirmed it has bid for the celco Tigo, the Sri Lankan unit of Luxembourg-based …
Turnaround Strategy
Sept 10, 2009 (LBO) - A write-off of old equipment will help Sri Lanka's Dialog Telekom, a unit of Malaysia's Axiata, lower costs, support higher call volumes …
Rate War
Sept 07, 2009 (LBO) - Sri Lanka Telecom, the island's dominant fixed line operator, said it was offering lower rates and discounts in new subscriber packages …
Indian Interest
Sept 04, 2009 (LBO) - India's state-run Bharat Sanchar Nigam Ltd (BSNL) is planning to buy Luxembourg-based Millicom International Cellular's Sri Lanka …
Tele Rate
Aug 27, 2009 (LBO) - Standard and Poor's has lifted the outlook of Sri Lanka Telecom's (SLT) rating to 'stable' from negative, shortly after the host country's …
Big Deal
Aug 26, 2009 (LBO) - The acquisition of a big stake in Sri Lanka Telecom, the island's dominant fixed-line operator, by Malaysia's Global Telecommunications …
Mobile Cover
Aug 22, 2009 (LBO) - Mobitel, a unit of fixed access carrier Sri Lanka Telecom will spend up to 30 million US dollars expanding in to former war zones in the …
Mobile Google
Aug 19, 2009 (LBO) - Mobitel, a unit of fixed access provider Sri Lanka Telecom, is offering Google's mobile email, calendar and document reading services to …