Dialog Axiata
Ericsson, Dialog Axiata roll out Massive IoT network in Sri Lanka
Accelerates the proliferation of IoT devices by offering superior coverage, long battery life and cost-effective solutions to enterprises.
Axiata Digital invests US$16.8 mil into Swedish insurtech, BIMA
Axiata Digital makes its 29th investment with a US$16.8mil injection into Swedish based insurtech player, BIMA.
Revenue at all-time high for Axiata in 2015
Axiata Group posted a 7.8% growth in net profit for the financial year ended Dec 31, 2015, partly helped by forex gains and strong performances from its Sri Lankan, Cambodian and Indian units.
Dialog Axiata acquires Wow.lk, Ardent Capital exits its first portfolio startup
Ardent Capital has announced that its Sri Lanka-based e-commerce portfolio company Wow.lk (formerly Anything.lk) after Dialog Axiata increased its stake of Wow.lk’s operating company, Digital Commerce Lanka Pvt (DCL), to 100%.
Axiata sees consolidation opportunities, eyeing M&As
Mergers and acquisitions (M&As) may be on the cards for mobile telecommunications group Axiata Group Bhd this year, as some of the Asian markets are ripe for consolidation.
TM and five other telcos in new submarine cable consortium
TM has signed an agreement with five other regional telco players – Vodafone Group, UAE’s Etisalat, Sri Lanka’s Dialog Axiata, India’s Reliance Jio Infocomm Limited, and Omantel of Oman – to form a consortium to establish the Bay of Bengal Gateway (BBG) submarine cable system.
