Saturday Dec 14, 2024
Saturday Dec 14, 2024
Tuesday, 14 February 2023 00:45 - - {{hitsCtrl.values.hits}}
Despite a challenging year externally and internally, Dialog Axiata Group has invested Rs. 52 billion in FY22 reflecting a hefty 64% from the previous year.
In FY21, Dialog invested approximately Rs. 31.7 billion to develop connectivity infrastructure in the country whilst in FY20 it was Rs. 29 billion and Rs. 28.6 billion in FY19 and Rs. 30.6 billion in FY18.
Dialog said the group remained steadfast to meet growing demand from both retail and corporate sectors, whilst also ensuring seamless customer experience and leadership in Sri Lanka’s Broadband and ICT sectors.
It said investments were channelled during the year towards network expansion adding over 450 new sites, capacity additions to over 2,100 sites and deployment of alternate energy solutions such as solar and Li-ion batteries to improve network availability. Accordingly, the YTD capital expenditure reached Rs. 52.0 billion for FY 2022 up 64% YTD.
Dialog Group, being the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, announced the successful testing of mmWave 5G for the first time in South Asia through its fully owned subsidiary Dialog Broadband Networks Ltd.
Dialog said it achieved 5G download speeds greater than 4 Gbps on non-standalone (NSA) mode using mmwave attaining significantly higher throughputs than current standards. Deployment of mmWave technology will enhance the fixed broadband performance levels and enable low-latency industry applications including industrial automation, healthcare, intelligent transport systems, and virtual reality.
During the fourth quarter Dialog Group also announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network.
This decision comes as part of Dialog Axiata’s ongoing efforts to provide the best mobile experience for its customers and is part of its continued efforts to introduce best-in-class, next-gen technologies to Sri Lankan consumers. Dialog’s mobile network continued to be recognised as the #1 network across multiple KPIs including experience, speeds, coverage and consistency as measured by independent monitoring platforms.
