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Dialog 2021

Sector: Broadband • Location: Sri Lanka

Source: International Finance Corporation (IFC)

Project
Active

Dialog Axiata PLC (Dialog, or the Company) is Sri Lanka’s leading mobile network operator and is listed on the Colombo Stock Exchange. Dialog operates primarily within Sri Lanka and has offerings in mobile & fixed telephony, broadband, satellite television, infrastructure services and other digital services. As of 2021, Dialog had a total of 17.7 million mobile subscribers (representing approximat

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The project “Dialog 2021” is an infrastructure initiative in the Broadband sector, located in Sri Lanka. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Dialog Axiata PLC (Dialog, or the Company) is Sri Lanka’s leading mobile network operator and is listed on the Colombo Stock Exchange. Dialog operates primarily within Sri Lanka and has offerings in mobile & fixed telephony, broadband, satellite television, infrastructure services and other digital services. As of 2021, Dialog had a total of 17.7 million mobile subscribers (representing approximately 51% market share) and has achieved a 4G mobile population coverage of 95% and a 4G fixed broadband population coverage of 71%.  Dialog has been proactively expanding its 4G mobile and fixed broadband capacities over the past years. IFC’s A Loan, in combination with Dialog’s operational cash flows and existing cash balances are expected to meet Dialog’s funding needs for the next two years, comprising both capital costs of upgrades to Dialog’s core network, 4G coverage and capacity expansion, and spectrum acquisition, as well as refinancing of Dialog’s US dollar loans maturing in 2022 and 2023. 

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High

Data quality score

100%

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