Airtel-Dialog deal to see light of day

The much discussed share-swap deal between Bharti Airtel's wholly-owned Sri Lanka unit and Dialog Axiata, the Malaysia-based Axiata group's telecom arm will go through this year, Datuk Azzat, Dialog Axiata in Malaysia Chairman told Times Online on Tuesday.

On the sidelines of the inauguration of the ‘Sri Lanka Investment and Business Conclave 2016’ organised by the Ceylon Chamber of Commerce, where he delivered the keynote address, Mr. Azzat said that Dialog was keen to expand its spectrum and in this respect Airtel fitted the bill. Airtel has about 2,500 telecom towers in Sri Lanka.  

Reminiscing the trials confront by Dialog Axiata when it started in 1995, he said that the milestones for the company happened during the worst of times for the country.

“Having come to Sri Lanka in the worst of times and survived and thrived, we look forward to the best of times, to work with the Government of National Unity, to realise its promise of peace and prosperity for Sri Lanka. For those who are waiting, watching or wanting to invest in Sri Lanka, I say wait not, I suggest you float with Sri Lanka.”

 

 

 

 

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