Dialog Axiata PLC | Telco Leader | Sri Lanka
Dialog
Axiata PLC is a subsidiary of Axiata Group Berhad in Malaysia, operates as Sri
Lanka’s largest and fastest-growing mobile and fixed telecommunication provider.
On the other hand, Dialog is also one of the largest listed companies on the
Colombo Stock Exchange (CSE) in terms of market capitalization. Sri
Lanka’s largest Foreign Direct Investment (FDI) with a financing total USD
2.5Bn. (Source-Annual Report 2019)
Dialog remains committed to be a catalyst in Sri Lanka’s digitization journey, continuously making cutting-edge communication technology available for Sri Lankans, integrating them into a digital mobile workforce that is futuristic. Accordingly, Dialog is focused on data leadership in the mobile/fixed market, convergence, and digital transformation as Dialog strategic thrusts, while service from the heart and transformation of Dialog culture was aimed at driving brand equity.
Customer base:
Retail Customers: As Sri Lanka’s biggest telecommunication provider, it is having the largest retail customer base of 14.9Mn (HLR). During 2019 Dialog has recorded 0.6% MoM growth & 8.0% YoY growth on HLR customer base.
Business and Financial Review: The financial year 2019 was marked by many challenges that included Easter Sunday terrorist attack, subpar economic growth, and intense competition. Dialog Group continued to consolidate its market leadership position as Sri Lanka’s premier connectivity provider whilst delivering strong financial performance across all key performance indicators. The group delivered a consolidated revenue of Rs. 116.8Bn for FY 2019, a growth of 7% Year-on-Year (“YoY”), on the back of strong performance across all key business segments.
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