Dialog

Dialog Axiata PLC, formerly known as MTN Networks and later Dialog Telekom, is a major telecommunications service provider in Sri Lanka. The company was established in 1993 as MTN Networks with 90% of equity through Telekom Malaysia Berhad (TM) and 10% by Capital Maharaja, the local promoters to the investment. In 1996, the local promoters divested their stake providing complete ownership of MTN Networks to Telekom Malaysia. The company began its commercial operations under the brand name Dialog GSM by rolling out the first digital network in South Asia using GSM technology. In 2005, the company unveiled its new corporate identity as Dialog Telekom Ltd. Subsequently, Dialog was listed on the Colombo Stock Exchange in June 2005. Dialog Axiata is a subsidiary of Axiata Group Berhad, which owns an 83.32% controlling stake in the company, with the remaining shares held by the public. Dialog Axiata is an investor under the aegis of the Board of Investment of Sri Lanka and has contributed significantly towards the development of telecommunications infrastructure in the country.