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Dialog Axiata commits USD152.4m for mobile, fibre expansion

20 Sep 2022

Sri Lankan telco Dialog Axiata has revealed plans to invest USD152.4 million on the expansion of its mobile and fibre-optic networks. The Malaysia-backed operator has signed deals with Sri Lanka’s Board of Investment (BOI) whereby Dialog Axiata will invest USD112.8 million to expand rural 4G LTE network coverage (including deep-indoor coverage), and its subsidiary Dialog Broadband Networks will spend USD39.6 million on the further development of its Wi-Fi and fibre networks.

Sri Lanka, Dialog Axiata

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