Nation's Bottom Line Blog

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Leading mobile phone makers lose market share


The Galaxy S from Samsung (right)
and Apple's iPhone 3G,
being demonstrated in South Korea
The world's leading mobile phone makers are losing market share to non-brand manufacturers, according to research. Analysts at Gartner say smaller, Asian companies accounted for a third of worldwide handset sales in July, August and September. Nokia is still the biggest seller of mobiles, followed by Samsung and LG.

Meanwhile, Google's Android operating system has sharply increased its share and is now the second most popular mobile operating system after Symbian.

SRI LANKA CO-HOSTS ICC WORLD CUP 2011

In 2011 Sri Lanka will host the world’s most prestigious event in the cricket calendar, the International Cricket Council World Cup. The games played in February and March will take place in stadiums located in the colonial capital, Colombo, the Southern coastal city of Hambantota and the ancient capital, Kandy. Sri Lanka is currently 2nd in the world cup rankings, closely followed by England in 5th place. As potential favourites to go through to the Quarter and Semi Finals, the England cricket team may have the opportunity to play at one of these venues.

Airtel posts $370 Million 2Q profit but misses estimates

Bharti Airtel Ltd., India’s largest mobile-phone operator, reported profit fell 27 percent after the company cut calling rates to compete in the world’s second- largest wireless market.

Second-quarter net income dropped to 16.6 billion rupees ($374 million) in the three months ended Sept. 30, compared with 22.6 billion rupees a year earlier, New Delhi-based Bharti said today. That lagged behind the 17.8 billion rupee average of 27 analyst estimates compiled by Bloomberg.

Confusion over 5 SIMs or 25 SIMS per person?

Despite media reports that said Sri Lanka’s Defense Ministry had limited use of Mobile SIMS to 5 per person an official from country’s telecom regulator said that the rule has only restricted a person to have 5 SIMS per mobile operator in the country. 

India, Sri Lanka to sign agreement on ferry service soon

India and Sri Lanka would soon sign an agreement to commence ferry service between Tamil Nadu and the island nation, a step towards promoting tourism between the two countries.
"The proposal would go to the Cabinet soon for approval and after that Memorandum of Understanding can be signed for the same," a shipping ministry official told PTI.