Dialog Axiata completes amalgamation with Airtel Lanka

Monday, 2 September 2024 02:12 - - {{hitsCtrl.values.hits}}

Dialog Axiata PLC completed the amalgamation with Bharti Airtel Lanka Ltd. under the applicable provisions of the Companies Act, with Dialog remaining as the surviving entity.

This marks the official cessation of Airtel Lanka as a corporate entity, effective 30 August, with its operational performance fully subsumed and consolidated within Dialog’s financial statements.

This strategic milestone represents a significant step forward in advancing Sri Lanka’s digital infrastructure, underscoring the combined strength and commitment of the Axiata and Bharti groups in delivering enhanced connectivity and more robust digital services across the country. The collaboration between these two organisations brings together their collective expertise, resources, and innovative capabilities, positioning Dialog to lead the way in Sri Lanka’s digital transformation.

Following the merger, Dialog’s subscriber base has surpassed 20 million, further reinforcing its position as the nation’s leading telecommunications provider. As the network integration progresses over the coming months, customers can anticipate enhanced services that go beyond connectivity, delivering significant advancements in customer experience, innovation, and digital services.

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.

This integration reflects Dialog’s unwavering commitment to driving the country’s digital growth, contributing to economic development, and setting new benchmarks in the telecommunications industry. By harnessing the synergies created through this merger, Dialog is committed to empowering individuals and businesses to thrive in an increasingly digital world.