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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]
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 ]
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 ...
The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its ...
The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications acquired the national dealership of Nokia in ...
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
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In 1965, during the period of political upheaval in Sri Lanka, the Virakesari newspaper was taken over by a Sinhalese political party with the intention of introducing a Sinhalese national newspaper. However, as fate would have it, the company was sued for defamation compelling the new owners to relinquish control, reverting ownership to the ...