Dialog Axiata is acquiring Airtel Lanka, the Sri Lankan subsidiary of Indian telecommunications company Bharti Airtel. The acquisition is part of Dialog Axiata’s strategy to expand its presence in the Sri Lankan telecommunications market and provide customers with a more comprehensive range of products and services.
Bharti Airtel is one of the largest telecommunications providers in India, with a presence in 18 countries across Asia and Africa. The company has been expanding its operations in recent years, with a particular focus on the African market. The merger with Dialog Axiata will allow Bharti Airtel to further expand its footprint in the Asian market and create new opportunities for growth and innovation.
Dialog Axiata is one of the leading telecommunications providers in Sri Lanka, with a strong track record of innovation and customer service. The company has been at the forefront of digital transformation in Sri Lanka, introducing a range of innovative products and services to meet customers’ changing needs.
The acquisition of Airtel Lanka is expected to strengthen further Dialog Axiata’s position in the Sri Lankan market, providing the company with access to Airtel Lanka’s extensive network infrastructure and customer base. The acquisition is also expected to bring significant customer benefits, including improved network coverage, enhanced product and service offerings, and a more comprehensive digital experience.
The acquisition is subject to regulatory approvals, but both companies are optimistic that they will be able to complete the process in the near future. Dialog Axiata is committed to ensuring a smooth transition for Airtel Lanka customers and ensuring they continue receiving high-quality products and services.
In conclusion, acquiring Airtel Lanka by Dialog Axiata is an essential development in the Sri Lankan telecommunications market and is expected to bring significant customer benefits. The acquisition will allow Dialog Axiata to expand its presence in the market and provide customers with a more comprehensive range of products and services. The acquisition is still subject to regulatory approvals, but both companies are working towards completing the process as soon as possible.