Dialog Axiata Commits $100M to Sri Lanka Infrastructure
Dialog Axiata to Invest Another US$100M in Digital Infrastructure
By John Tanner, Developing Telecoms
May 19, 2025
Sri Lankan telco Dialog Axiata announced on Monday it will invest another US$100 million in its digital infrastructure, increasing its total cumulative investment in the country to more than US$3.37 billion.
The investment includes US$81 million from Dialog Axiata and US$19 million from Dialog Broadband Networks, which have both been formalised via separate supplementary agreements with the Board of Investment of Sri Lanka (BOI).
Dialog said the funds will go towards enhancing its mobile and fixed networks, accelerating adoption of next-gen technologies, and expanding digital platforms.
Vivek Sood, group CEO and MD of Dialog’s parent company Axiata Group, said the latest investment reaffirms the Malaysia-based company’s confidence in Sri Lanka’s digital future.
“We are proud to continue enabling our operating companies to deliver world-class connectivity and look forward to allocation of commercial 5G spectrum to accelerate Sri Lanka’s digital economy,” Sood said in a statement.
Dialog director and group CEO Supun Weerasinghe said the telco “will continue investing in Sri Lanka’s digital journey, empowering individuals, enterprises, and communities through next-generation connectivity.”
Axiata Group is Sri Lanka’s largest foreign direct investor, according to the BOI.
BOI chairman Arjuna Herath said the latest expansion plan “will not only enhance last-mile connectivity and rural coverage but also serve as a catalyst for further digital innovation – positively impacting both consumers and the economy.”
The post Dialog Axiata Commits $100M to Sri Lanka Infrastructure appeared first on SubTel Forum.
