Dialog Axiata PLC
CCSELK:DIAL.N000042.00
LKR
-0.40
(-0.94%)
Dialog Axiata PLC
CSELK:DIAL.N0000
(Colombo Stock Exchange)
Recent
price
42.00
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Dialog Axiata PLC provides telecommunications, fixed-line broadband, digital pay television, financial technology, enterprise information and communications technology (ICT), and digital healthcare services in Sri Lanka. Founded in 1993 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Malaysia-based Axiata Group Berhad. Dialog Axiata serves individual consumers, small and medium-sized enterprises, multinational corporations, and government institutions across Sri Lanka. The company operates through multiple core business segments, offering products and services that include: mobile telecommunication services comprising prepaid and postpaid cellular voice, short message service (SMS), multimedia messaging, international roaming, and high-speed 4G LTE and 5G mobile data connectivity; fixed telecommunications and broadband solutions comprising fiber-to-the-home (FTTH) connections, fixed wireless broadband, fixed-line voice telephony, leased-line infrastructure, and data transmission networks operated through Dialog Broadband Networks (Private) Limited; digital pay television services comprising direct-to-home (DTH) satellite television broadcasting, high-definition entertainment packages, and over-the-top (OTT) video streaming operated through Dialog Television (Private) Limited; enterprise and digital business solutions comprising cloud infrastructure, cyber security services, data center colocation, Internet of Things (IoT) technologies, software-defined wide area networking (SD-WAN), and unified communications managed by Dialog Enterprise; digital financial services comprising mobile wallets, merchant QR payments, peer-to-peer fund transfers, digital lending, fixed deposits, and micro-savings solutions through Dialog Finance PLC, Dialog Pay, and eZ Cash; and digital healthcare solutions comprising medical consultation bookings, doctor channeling, electronic health records, and diagnostic laboratory appointments operated through Digital Health (Private) Limited under the Doc990 platform. In recent corporate and strategic developments, Dialog Axiata completed the acquisition of a 100% equity stake in Bharti Airtel Lanka (Private) Limited via a share-swap agreement with Bharti Airtel Limited, subsequent to which the operations were amalgamated to consolidate infrastructure and expand the combined subscriber base to over 20 million users. The company established an authorized agency partnership with Starlink to distribute low-latency satellite internet services across Sri Lanka, particularly targeting underserved communities and enterprise locations. In its financial technology segment, Dialog rebranded its primary digital wallet and payments platform to Dialog Pay, formed a strategic partnership with UnionPay International to facilitate interoperable cross-border and domestic merchant transactions, and partnered with Ria Money Transfer to enable real-time international inward remittances directly to mobile wallets. Furthermore, Dialog Enterprise broadened its enterprise security portfolio through an expanded alliance with Check Point Software Technologies, while the company continues the nationwide rollout of its commercial 5G infrastructure and fiber optic expansion.