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  • Sashi, Many thanks.

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    • Sri Lanka’s Dialog Axiata stems voice revenue decline, data grows strongly

      ECONOMYNEXT – Sri Lanka’s dominant mobile phone operator Dialog Axiata has said it managed to stem the fall in voice revenue in 2018 while data sales rose strongly. “While local voice revenues remained stable, the emerging segments of mobile broadband, fixed and digital services contributed significantly to the overall profile,” Dialog Axiata group chief executive Supun Weerasinghe said. Mobile broadband sales rose 32 percent in 2018 from the year before while revenue from fixed and digital services grew 29 percent, he said. “Revenue growth combined with our continued focus on operational improvements led to group EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growing 28 percent year-on-year to 43.5 billion rupees for the 2018 financial year,” he told shareholders in the company’s annual report. Dialog Axiata group EBITDA margin rose slightly to 39.8 percent in 2018 from the previous year.

      The annual report’s operations review said that despite the continued threat from ‘Over-the-Top’ (OTT) services, voice revenue experienced only a moderate decline of one percent in 2018 from the year before.

      New customer acquisitions from aggressive regional campaigns and successful new product launches supported the sustenance of voice revenue, it said. “Data revenue continued its strong growth momentum during the year to record a growth of 32 percent year-on-year driven by continued increase in smartphone penetration, 4G device penetration supported by rapid 4G conversion, coverage expansion and upgrades to data related infrastructure.” Weerasinghe said that in 2018, Dialog’s mobile business continued to strengthen its market leadership, adding about a million subscribers to reach a mobile subscriber base of 13.8 million as at December 2018, up eight percent from the previous year.
      (COLOMBO 27 May 2019)

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      • The reason is LTE technology and 5G is on the way to India..and will hit SL beginning of the NEXT year...except dialog all other network still using the broadband...4G tech is the dialog main arm...the reason they promoted and force us to buy 4 G sim was the call we made go thru 4G tech..which other networks still steps behind...we do not need to worry..still Dialog is far ahead...

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        • Any credibility for this story?? Norway’s Dialog acquisition Threat to public security – Weerawansa



          Leader of the National Freedom Front and Parliamentarian Wimal Weerawansa informed the President that there will be a threat to public security if the project launched by the Norwegian Government, to acquire a telecommunications service provider in Sri Lanka becomes a success. Writing a letter to the President, MP Weerawansa claims that the Norwegian Government is attempting to take over the Dialog Company as Dialog has a network that covers 98 per cent of the population and 89 per cent of the land. Accordingly, the Norwegian Government has 54 per cent shares of the Telco Company which will take over 57 per cent of the shares of the Axiata Company. As Dialog is under Axiata, the Norwegians will receive complete administrative authority of Dialog and will be able to collect intelligence information if the acquisition is successful, he alleged.Dialog has eight businesses under it and they cover telephones, the Internet, digital television services, media-related services, electronic education services, e-business services, e-health services and other business processes. Therefore, if Dialog becomes under the Norwegians, all the data networks will also come under them, he further alleged.


          MP Weerawansa stressed that telecommunication rules and regulations can be used to oppose this move and licensing power can be used against the attempt. He requested the President to take necessary action to stop this attempt, claiming it will affect national and public security of the country. He finally added that, as a second alternative action, people could reject the Norwegian brand for their own safety.

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          • Good to enter, around CMP. I see a change in the Trend (Technically)
            "The best values today are often found in the stocks that were once hot and have since gone cold"

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            • I keep DIALing, will it ring soon
              "The best values today are often found in the stocks that were once hot and have since gone cold"

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              • Tomorrow XD Might fall back to 9/=

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                • Good @9
                  "The best values today are often found in the stocks that were once hot and have since gone cold"

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                  • Dialog - Company Profile:

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                    • Loyal to the cause !

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                      • looking good to test 10 now.
                        "The best values today are often found in the stocks that were once hot and have since gone cold"

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