Dialog Axiata Completes Acquisition of Bharti Airtel Lanka
Dialog Axiata has acquired 100% control of Bharti Airtel Lanka via a share swap, reducing Axiata Group’s stake to 73.75% and giving Bharti Airtel 10.355%. The merger aims to improve efficiencies, cut costs, and enhance customer experience, adding 5 million subscribers to Dialog’s existing 18 million.