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As of 2018 SLT-MOBITEL was Sri Lanka's second largest mobile network operator with over 7.9 million subscribers. [3] 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. [4]
[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
The Sri Lankan economic crisis[8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
In 2009, Airtel launched its first international mobile network in Sri Lanka. [19] In June 2010, Bharti acquired the African business of Zain Telecom for $10.7 bbillion making it the largest ever acquisition by an Indian telecom firm. [20] In 2012, Bharti tied up with Walmart, the US retail giant, to start a number of retail stores across India ...
On May 6, 2011, Sri Lanka Telecom Mobitel successfully demonstrated 4G LTE for the first time in South Asia, achieving a data rate of 96 Mbit/s in Sri Lanka. [64] On May 7, 2011, Sri Lankan Mobile Operator Dialog Axiata PLC switched on the first pilot 4G LTE Network in South Asia with vendor partner Huawei and demonstrated a download data speed ...
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...