Saturday, 31 August 2024 09:54

Dialog Axiata Completes Amalgamation with Airtel Lanka Featured

Rate this item
(0 votes)

Dialog Axiata PLC ("Dialog") completed the amalgamation with Bharti Airtel Lanka (Private) Limited ("Airtel Lanka") under the applicable provisions of the Companies Act, with Dialog remaining as the surviving entity.

This marks the official cessation of Airtel Lanka as a corporate entity, effective 30 August 2024, with its operational performance fully subsumed and consolidated within Dialog's financial statements.

This strategic milestone represents a significant step forward in advancing Sri Lanka's digital infrastructure, underscoring the combined strength and commitment of the Axiata and Bharti groups in delivering enhanced connectivity and more robust digital services across the country.

The collaboration between these two organizations brings together their collective expertise, resources, and innovative capabilities, positioning Dialog to lead the way in Sri Lanka's digital transformation.

 

Read 71 times
There are 35831 listings and 1274 categories in our website