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USOF signs agreement with BSNL for high speed internet access to North-Eastern states
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USOF signs agreement with BSNL for high speed internet access to North Eastern States
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Dialog Consolidates Performance in Q1 2021
May, 12, 2021
Rs2.8Bn in Direct Taxes, Fees and Levies to GoSL: (Further Rs3.5Bn in Indirect Taxes)
Capex Investments of Rs2.4Bn during the Quarter. OFCF Improved to Rs10.4Bn for Q1 2021
Dialog Axiata PLC announced, Tuesday 11th May 2021, its consolidated financial results for the three months ended 31st March 2021. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).
All key business segments, namely, Mobile, Fixed Line, Digital Pay Television, International and Tele infrastructure businesses positively contributed to record a consolidated Revenue of Rs32.9Bn for Q1 2021, demonstrating a strong growth of 12% Year-on-Year (“YoY”) and 2% Quarter-on-Quarter (“QoQ”). Underpinned by Revenue growth, Group Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) grew 12% YoY albeit declining 5% QoQ to record at Rs13.7Bn for Q1 2021. The EBITDA ma
Dialog Axiata Connects Sri Lanka and Maldives with High Speed Submarine Cable
February, 25, 2021
Dialog Axiata PLC (“Dialog”), Sri Lanka’s premier connectivity provider, announced the commissioning of the Maldives Sri Lanka Cable system (MSC), enabling the delivery of high-speed broadband services. Dialog’s investment in the new high-speed submarine cable will trigger the single largest infusion of International Bandwidth between Sri Lanka and Maldives to date.
The 840km long international submarine fiber optic cable system provides high-speed, low latency connectivity between Hulhumale in the Republic of Maldives and Mount Lavinia in Sri Lanka. The collaborative efforts of Dialog together with its international consortium partners Ooredoo and Dhiraagu of Maldives together with the supplier HMN were critical in achieving the rapid system design and implementation during this period of challenging logistics and restrictions associated with the COVID-19 pandemic.
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