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Dialog Axiata Group commits further $ 100 m to expand digital infrastructure
Daily FT
|May 19, 2025
Latest move brings cumulative investment to over $ 3.37 b as Sri Lanka's largest FDI
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DIALOG Axiata PLC has announced a $ 100 million investment to further strengthen Sri Lanka's digital infrastructure.
With cumulative investments now exceeding $ 3.37 billion, Dialog reaffirms its commitment to inclusive connectivity, superior service delivery, and advancing the nation's digital future. The premier connectivity provider and a member of the Dialog Axiata Group, the entity is Sri Lanka's largest Foreign Direct Investor (FDI) operating under the guidance of the Board of Investment of Sri Lanka (BOI).
The latest investment comprises $ 81 million by Dialog Axiata PLC (DAP) and $ 19 million by Dialog Broadband Networks Ltd., (DBN), formalised through two Supplementary Agreements with the BOI.
Dialog said these funds will be channelled into enhancing its mobile and fixed telecommunications networks, accelerating the adoption of next-generation technologies and expanding digital platforms that underpin the country's connectivity and service ecosystem.
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