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Aban Pestonjee (Sinhala: අබාන් පෙස්ටොන්ජි) is the chairperson and founder of the Abans group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to Sri Lankan consumers.
Abans currently serves as the authorised Sri Lankan national distributor for the Motorola and Oppo brands while also serves as authorised reseller of Apple iPhones in Sri Lanka. [8] On 21 June 2023, Rusi Pestonjee was appointed as the managing director of Abans with immediate effect following the death of precedent managing director Tito Pestonjee.
The tool measured seven dimensions: i) market entry; ii) access to scarce resources; iii) interconnection; iv) tariff regulation; v) anti-competitive practices; and vi) universal services; vii) quality of service, for the fixed, mobile and broadband sectors. In Sri Lanka, the mobile sector receives higher scores than the fixed sector for all ...
Celltel was founded on 18 June 1989 on a Motorola TACS system, becoming the first cellular network in Sri Lanka and 36th operator in world. [5] It was then re-branded by Millicom International in January 2007, as Tigo (Sri Lanka). then it was acquired by Etisalat.
As of 2018 SLT-MOBITEL was Sri Lanka's second largest mobile network operator with over 7.9 million subscribers. [ 4 ] SLT-MOBITEL offers a variety of services and currently operates GSM , GPRS , EDGE , UMTS , HSPA , HSPA+ , DC-HSPA+ and FD-LTE network utilising 2G , 3.5G , 4G and 4.5G , 5G technologies with VoLTE service. [ 5 ]
Dialog was the first mobile operator to cover the Jaffna peninsula in Northern Sri Lanka within 90 days of the ceasefire agreement in 2002 [10] and again in 2009 was the first mobile operator to extend its GSM network to the areas in the North and East Province where the war was fought, [10] and presently has 80% market share in the region. [10]
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Under the joint venture, Hero Group could not export to international markets (except Bangladesh, Nepal and Sri Lanka) and the termination would mean that Hero Group could now export. [11] Honda exited the joint venture through a series of off-market transactions by giving the Munjal family, which held a 26% stake in the company.