Dialog Axiata Completes Merger with Airtel Lanka

The merger increases Dialog's subscriber base to over 20 million, enhancing digital infrastructure and connectivity in Sri Lanka.

Highlights

  • Dialog Axiata merges with Bharti Airtel Lanka, effective August 30, 2024.
  • The merger aims to enhance Sri Lanka's digital infrastructure and connectivity.
  • Airtel brand will continue, ensuring customer trust and value.

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Dialog Axiata Completes Merger with Airtel Lanka
Sri Lankan operator Dialog Axiata (Dialog) has completed its merger with Bharti Airtel Lanka (Private), with Dialog remaining as the surviving entity. Dialog also reports that this marks the official cessation of Airtel Lanka as a corporate entity, effective August 30, 2024, with its operational performance fully absorbed and consolidated within Dialog's financial statements.

Also Read: Bharti Airtel and Dialog Axiata Complete Share Swap for Airtel Lanka




Market Position and Subscriber Base

Dialog states that this merger enhances its market position, increasing its subscriber base to over 20 million and further cementing its status as the nation's leading telecommunications provider. The combined strengths of the Axiata and Bharti groups aim to advance the country's digital infrastructure, providing improved connectivity and digital services.

Advancing Digital Infrastructure

As the network integration progresses over the coming months, customers can expect enhanced services that extend beyond connectivity, delivering significant advancements in customer experience, innovation, and digital offerings, Dialog said noting that the Airtel brand will continue.

Also Read: Bharti Airtel, Dialog Axiata, and Axiata Group to Merge Operations in Sri Lanka

Airtel Brand Continuation

"The continuation of the Airtel brand within this new structure ensures that customers will continue to enjoy the value and trust associated with Airtel, while also gaining access to the extensive offerings of Dialog," the official release said.

By leveraging the synergies from this merger, Dialog aims to empower individuals and businesses to thrive in an increasingly digital world.

Reported By

Telecom Analyst

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

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