Dialog to invest USD125m in expansion in 2016

16 May 2016

Sri Lankan telco Dialog Axiata will invest USD125 million in expanding its telecommunication and TV activities this year, according to local newspaper The Island. The operator’s CEO, Hans Wijayasuriya, is cited as saying: ’We are quite optimistic about the way Sri Lanka’s mobile communication sector is developing. Therefore, we are planning to invest in a big way in the future to give an experience on the latest technology for Sri Lankans.’ Specifically, Dialog’s investment will benefit its mobile and pay-TV networks, and its Dialog TV unit, while the operator has revealed it aims to reach one million Sri Lankan households with its pay-TV service in 2016, increasing its current reach of 700,000 homes.

TeleGeography’s GlobalComms Database notes that Dialog Axiata launched mobile services in March 1995 and now operates 2G, 3G and 4G networks in addition to offering time division duplex LTE (TD-LTE) broadband and TV services via its Dialog Broadband Networks (DBN) and Dialog TV units respectively.

Sri Lanka, Dialog Axiata