Dialog Axiata has completed the acquisition of Airtel Lanka through a share swap. Post-acquisition, Axiata holds 73.75% of Dialog, Bharti Airtel 10.355%, and the public 15.895%. Both brands will continue to serve customers while merging networks to enhance connectivity. The move aims to drive growth and innovation in Sri Lanka’s telecom sector.
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.
Sri Lanka’s computer literacy has increased to 39% in 2023, with digital literacy at 63.5%, according to the Department of Census and Statistics. Household computer ownership is at 20.2%, with urban areas showing higher rates of both computer and digital skills compared to rural and estate sectors.
PhonePe has partnered with PickMe to offer UPI-based payments for Indian travelers in Sri Lanka, enhancing convenience and security for tourists while supporting digital transformation in the country’s transportation sector.
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted preliminary approval for Starlink to provide satellite internet services. Final approval is pending a formal public consultation process, with details to be published tomorrow, as announced by Technology State Minister Kanaka Herath.
The Sri Lankan government is amending telecom laws to allow independent companies to build telecom towers, aiming to accelerate tower rollouts and support the digital economy’s expansion to $15 billion by 2030. The amendments are expected to be debated in parliament soon.
The Sri Lankan government is set to draft a National Cyber Security Act to enhance digital safety. Announced by State Minister Kanaka Herath, the act addresses the need spurred by Sri Lankans’ 74 million social media accounts. This move is part of the broader National Digital Strategy 2030.
Dialog Axiata PLC has reaffirmed its commitment to the GSMA’s Connected Women Commitment Initiative, aiming to close the gender gap in mobile technology use in Sri Lanka. This move supports enhanced access to mobile internet and financial services for women, promoting gender equality and broader socio-economic benefits.
Dialog Axiata’s Techliya programme, part of Ideamart for Women, concluded successfully, empowering Sri Lankan women entrepreneurs by enhancing their digital skills. The initiative provided resources, mentoring, and tools for business digitalisation, financial technology, and international expansion, highlighting the importance of ongoing support in the SME sector’s digital transformation.
Women in Tech launched its Sri Lanka chapter, focusing on empowering women in STEAM. The event featured a panel discussion addressing issues like gender gap, work-life balance, and mentoring in the tech industry. The chapter joins a global network aiming to impact women’s role in technology and aligns with Sustainable Development Goals.
