Sri Lanka's largest foreign direct investor, Dialog Axiata, enhanced its commitment to the development of the nation's ICT Infrastructure, penning agreements with the Board of Investment to invest a further US$115 million (Rs 15 billion) to expand its nationwide telecommunications networks and digital satellite television services.
A member of the Axiata Group Berhad, Dialog Axiata PLC and its fully-owned subsidiary, Dialog Television (Private) Limited will invest US$ 115 million to facilitate the expansion of the multi-faceted ICT infrastructures of the Dialog Group, including, but not limited to, 4G and 3G High-Speed Broadband, Disaster Recovery, Technology Modernisation and Upgrades,
The Axiata Group is Asia's second largest telecommunications group with over 230 million subscribers spanning seven markets in Asia.
Axiata has been a committed and consistent investor in Sri Lanka since 1994 and has invested a total of USD 1.6 billion (Rs 208 billion) in the country to-date, driving Sri Lanka's ICT infrastructure to a level on par with the developed world, and making it the largest foreign direct investor operating under the aegis of the BOI.
The most recent investment of USD115 million will drive the value of the total investment of the Dialog Group to a cumulative figure in excess of USD 1.7 billion (Rs 223 billion). http://www.dailynews.lk
A member of the Axiata Group Berhad, Dialog Axiata PLC and its fully-owned subsidiary, Dialog Television (Private) Limited will invest US$ 115 million to facilitate the expansion of the multi-faceted ICT infrastructures of the Dialog Group, including, but not limited to, 4G and 3G High-Speed Broadband, Disaster Recovery, Technology Modernisation and Upgrades,
The Axiata Group is Asia's second largest telecommunications group with over 230 million subscribers spanning seven markets in Asia.
Axiata has been a committed and consistent investor in Sri Lanka since 1994 and has invested a total of USD 1.6 billion (Rs 208 billion) in the country to-date, driving Sri Lanka's ICT infrastructure to a level on par with the developed world, and making it the largest foreign direct investor operating under the aegis of the BOI.
The most recent investment of USD115 million will drive the value of the total investment of the Dialog Group to a cumulative figure in excess of USD 1.7 billion (Rs 223 billion). http://www.dailynews.lk
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