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New SLT-MOBITEL Home 4G LTE customers receive range of exclusive benefits

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10 Lucky Winners to Receive Tab Computers

SLT-MOBITEL, the National ICT Solutions Provider, offers new Home 4G LTE customers, with a range of exclusive and exciting benefits in February and March 2022. The amazing Data packages are designed to elevate users’ broadband experience to unimaginable levels. The offer is made even more attractive with a raffle draw for new customers, with 10 lucky winners having the chance of receiving Tab Computers.

High-speed broadband at home is an essential utility especially for customers working and learning from home, also for those individuals seeking access to wider entertainment options and to communicate with family and friends.

SLT-MOBITEL now presents new 4G LTE connections, boosting the home broadband experience, with unparalleled additional data benefits. During this offer period, customers will be able to enjoy ‘YouTube’ and ‘Messenger’ data bundles of 10 GB on each platform and a 30 GB quota to work, learn and for meetings, absolutely free of charge.

SLT-MOBITEL Home Broadband also offers three of the best package types in the country such as the Value Data Plans, Unlimited Data Plans and Anytime Data Plans. Catering to customer needs and greater convenience, other multiple packages are also on offer for learning and work activities, entertainment, gaming, YouTube and Messenger platforms.

Additionally, SLT-MOBITEL Home broadband customers can enjoy Loyalty Data offers with subscribed data packages enhancing as they continue to stay connected with the SLT-MOBITEL Home Broadband. SLT-MOBITEL Home Broadband continues to ensure customers are seamlessly connected and have the added advantage of accessing over 23 million local and international hotspots with SLT go.

SLT-MOBITEL’s Home 4G LTE is recognised as the National 4G Network backhaul by Sri Lanka’s largest and super-fast SLT-MOBITEL Fibre Network assuring customers unmatched speeds and a robust Internet experience.

For more information on the new connection offer for Home 4G customers visit www.sltmobitel.lk



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Rootcode wins Startup of the Year and People’s Choice Award at SAARC Startup Awards 2022

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Rootcode, one of Sri Lanka’s leading tech companies, recently took home the “People’s Choice Award” in addition to being bestowed with the “Startup of the Year” title at the SAARC Startup Awards 2022. This regional recognition marks a significant milestone for the Sri Lankan tech space and workforce. Rootcode’s mission to build great tech is well underway, and it is gaining traction faster than ever.

This is the first time a Sri Lankan tech company has made a name for itself in the regional competition, and it is a watershed moment that has focused the global spotlight on Rootcode’s distinct approach to fostering innovation in Sri Lanka. This is also the first time that a Sri Lankan company was able to take home two awards of those presented at the SAARC Startup Awards.

Global Startup Awards SAARC celebrates the spirit of entrepreneurship and promotes bridging boundaries through innovation in its regions, which include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, by recognizing them with its most prestigious awards program, attended by top-notch entrepreneurs, corporates, investors, and ecosystem builders from Nordic, Central Europe, SAARC, and ASEAN regions.

Every year, the SAARC Startup Awards bring together hundreds of South Asian startups, entrepreneurs, investors, co-working spaces, and accelerators to provide a platform to highlight trailblazers in the region’s startup world. Rootcode was chosen ahead of dozens of other regional tech startups in the competition.

Sri Lanka is a relative newcomer to the South Asian startup fraternity, and Rootcode’s ability to represent the country on the global stage not long after its inception is remarkable.

“We are extremely humbled and honored by the support shown to us at the SAARC Startup Awards 2022, and being recognized under two categories is a huge milestone for us,” said the CEO and Founder of Rootcode Labs, Alagan Mahalingam. “We have always been driven forward by excellence, collaboration, and integrity, which I believe is the reason why we have come so far and why Rootcode continues to grow every day.”

Rootcode is driven by its focus on helping businesses build great tech not just locally but globally, and its achievement at the SAARC awards stands as a testament to that. Despite the challenging times, this is a win for Sri Lanka.

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INSEE Cement felicitates Sri Lanka’s youngest Commonwealth medallist

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INSEE Cement awarded aspiring wrestler, Nethmi Ahimsa Fernando, who won a Bronze Medal for Sri Lanka at the recently concluded Commonwealth Games in Birmingham, LKR 1 million cash reward, to support her to pursue her passion. Suranga Kumara, her coach, also received LKR 250,000 cash reward, in appreciation of his contribution towards Nethmi’s recent achievements. INSEE Cement has also pledged to support Nethmi’s aspiration to represent Sri Lanka at the 2024 Olympic games, while also providing the entire cement requirement for the completion of her new house, which is presently under construction, in collaboration with the Manusath Derana initiative.

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Textile maker Teejay knits strong start to 2022-23

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Q1 revenue more than doubles to Rs 23.9 billion

Teejay Lanka PLC has made a positive start to 2022-23 posting Group revenue of Rs 23.9 billion for the three months ending 30th June 2022. The Group achieved nearly half its full-year revenue of 2021-22 in just the first quarter of the new financial year as a result of the low base of the previous financial year due to the impacts of COVID, the depreciation of the Rupee and the passing on of yarn price increases during the last quarter.

In a filing with the Colombo Stock Exchange (CSE), Sri Lanka’s largest textile manufacturer said it had also recorded significant growth in pre-tax and net profit at both Group and Company level in the quarter reviewed.According to interim financial statements, Group profit before tax for the three months grew by more than Rs 1 billion or 291% to Rs 1.5 billion, while Group net profit for the period was up 301% to Rs 1.2 billion.

At Company level, revenue improved by 108% in the quarter under review to Rs 12.9 billion, while profit before tax grew by 323% to Rs 1.5 billion, and net profit increased by 311% to Rs 1.3 billion.

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