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Dialog to shut down 3G data network

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Leading connectivity provider – Dialog Axiata PLC has announced that they will shut down their 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network.

“This decision comes as part of Dialog Axiata’s ongoing efforts to provide the best possible mobile experience for its customers and is part of its continued efforts to introduce best-in-class, next-gen technologies to Sri Lankan consumers.” a company statement notes.

The statement further notes :
“Usage of the 3G Network account for less than 1% of Dialog’s data traffic and re-farming/allocation the 3G spectrum to support 4G Broadband will provide a much higher bandwidth and thereby a better experience to Dialog 4G Mobile Broadband customers. This announcement follows the Company’s decision in June 2022, to suspended issuance of new 3G connections as part of the 3G network shutdown initiative.”

“Dialog requests its 3G network users to switch to the 4G network as well as enable 4G data services on existing 4G devices to access Mobile Broadband services. To support the current 3G network users with the transition to 4G, Dialog offers a wide range of best-in-value 4G Smartphones, Dialog Lesi Pay instalment plans and free-of-charge 4G SIM upgrades which can be availed through its service network. Dialog will continue to maintain its 2G GSM network that would support the growing demand for voice services in addition to Voice over LTE offered through the 4G Network.”

“We apologise for any inconvenience that may be caused due to the shutdown of our 3G network, and we thank our customers for their patience and understanding as we refarm 3G spectrum to further improve our 4G mobile broadband network.”

However, customer complaints have been rampant on the existing services of Dialog Axiata.

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Special commodity levy on imported onions & rice, slashed

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The special commodity levy on imported onions and rice has been reduced with effect from yesterday (March 27).

Thereby, the Special Commodity Levy of Rs. 65 per 1kg of rice has been dropped to Rs. 1 until April 03, 2024.

In addition, the tax levied from imported Rose Onions have been slashed to Rs. 10 per kilogram until April 30, 2024.

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McDonald’s local franchisee not under our group – Abans

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Abans PLC has stated that the local franchisee of McDonald’s is not under their group of companies.

The company had made the clarification in a letter to the Colombo Stock Market.

The letter notes that the local franchisee of McDonald’s is International Restaurant Systems (Private) limited incorporated under the Companies Act No. 7 of 2007. The majority shareholder of the said company is Mr. Rusi Pestonjee who owns a 98.73% stake in that company, and who is also the Managing Director of Abans PLC.

“International Restaurant Systems (Private) Limited is not a subsidiary nor an associate of Abans PLC or its parent company Abans Retail Holdings (Private) Limited. Due to the said reason, the financials of International Restaurant Systems (Private) Limited are not consolidated with the financials of Abans PLC,” the letter adds.

The letter is as follows :

Related News :
Court issues enjoining order against Abans MD

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Japanese investor steps in for floating market project

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A Japanese investor has entered into an agreement with the Urban Development Authority (UDA) the revive the Floating market in Pettah, Colombo.

A Memorandum of understanding was signed between the Japanese investor Akira Hirose and UDA Chairman Nimesh Herath for the maintenance and management of the Floating Market.

Under the MOU the location is to be developed as a floating market complex aimed at attracting tourists within a six month period.

The floating market project was opened in 2014 by the then Secretary of the Defence and Development Ministry Gotabaya Rajapaksa and Rs 352 million was spent on the project with the objective of recovering 50 per cent of the expenses within five years, but the project failed.

It was reopened in April 2021 when Gotabaya Rajapaksa was the President, after Rs 25 million was spent on the project, but it was a failure again.

(sundaytimes.lk)

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