October 18, 2017 4:13 AM ET

Diversified Telecommunication Services

Company Overview of Dialog Broadband Networks (Private) Ltd

Company Overview

Dialog Broadband Networks (Private) Ltd offers mobile and broadband telecommunication and Internet services. It was formerly known as MTT Network (Private) Limited. The company was incorporated in 1993 and is based in Colombo, Sri Lanka. As of December 22, 2005, Dialog Broadband Networks (Private) Ltd operates as a subsidiary of Dialog Axiata Plc.

5th Floor

IBM Building

48, Nawam Mawatha

Colombo,  00200

Sri Lanka

Founded in 1993

Phone:

94 11 22567858

Fax:

94 11 2567865

Key Executives for Dialog Broadband Networks (Private) Ltd

Dialog Broadband Networks (Private) Ltd does not have any Key Executives recorded.

Dialog Broadband Networks (Private) Ltd Key Developments

Ddialog Broadband Networks Reports Earnings Results for the First Quarter Ended March 2017

Dialog Broadband Networks reported earnings results for the first quarter ended March 2017. For the period, the company recorded revenue of LKR 2.9 billion, representing an increase of 39% year over year and 14% quarter over quarter. Downstream of strong Revenue performance, EBITDA was recorded at LKR 1.5 billion, representing an increase of 100% year over year and 23% quarter over quarter. On the back of health EBITDA performance, NPAT turned positive to record a net profit of LKR 237 million relative to a net loss of LKR 119 million in the corresponding period of 2016.

Dialog Broadband Networks Reports Earnings Results for the Nine Months Ended September 30, 2016

Dialog Broadband Networks reported earnings results for the nine months ended September 30, 2016. For the period, the company revenue of LKR 6.8 billion, representing an increase of 27% YTD. Downstream of robust Revenue performance, DBN EBITDA for the first nine months of 2016 was recorded at LKR 2.8 billion, representing an increase of 34% YTD. Net Loss for the first nine months was recorded at LKR 62 million relative to the Net Loss of LKR 53 million in the corresponding period of 2015.

Dialog Broadband Networks (Private) Ltd Reports Earnings Results for the Year Ended December 31, 2015

Dialog Broadband Networks (Private) Ltd. reported earnings results for the year ended December 31, 2015. For the year, the company recorded revenue of LKR 7.3 billion, representing an increase of 19% year on year. Robust revenue growth and operating cost efficiencies combined to deliver an 88% year on year increase in DBN EBITDA which was recorded at LKR 2.9 billion for the year 2015. Accordingly, the net loss recorded at LKR 133 million signalled a significant improvement in bottom line profitability relative to the net loss of LKR 941 million recorded in the year 2014.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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