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Profiting from Northeast disinvestment

The Sri Lankan mobile operator Dialog Axiata made a net profit of 1.69 billion rupees in the September 2010 quarter compared with a loss of 439 million rupees a year ago, Lanka Business Online reported.  While this was partially due to cost cutting, the main driver was a huge increase in sales (16.2% or 10.56 billion rupees) and the main area in which sales have increased is mobile – both phones and broadband, according to the report.

Tamils across the Northeast, lacking the infrastructure for fixed line access to telephones and internet, have been turning in increasing numbers to mobile technology to allow them to maintain contact with their friends and relatives overseas. While this might place these Tamil consumers at the forefront of telephonic and broadband technology, they are often also paying the higher prices associated with these newer means of communication.