TeleGeography Logo

Dialog Telekom reports strong gains in 2004

13 Jun 2005

Sri Lankan mobile operator Dialog Telekom has reported a 43% rise in net profit to LKR4.1 billion (USD41 million) on a 53% surge in turnover to LKR11.4 billion, driven by continuing strong growth in the country’s underdeveloped mobile market. Dialog Telekom, a wholly owned unit of Telekom Malaysia, said the overall market grew by 59% to 2.2 million last year boosting cellular penetration to 11%; the cellco has around 1.4 million users, a market share of around 55%. Dialog plans to launch an IPO in July and is expected to offer a 9.3% stake valued at USD40 million to USD50 million.

Sri Lanka, Dialog Axiata

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.