March 23, 2017 2:01 PM 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

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.

Dialog Broadband Networks Reports Earnings Results for the Nine Months Ended of September 30, 2015

Dialog Broadband Networks reported earnings results for the nine months ended of September 30, 2015. For the period, the company recorded revenue of LKR 5.3 billion, representing an increase of 19% YTD. On the backdrop of strong revenue growth and operating cost improvements, the company’s EBITDA increased by 126% to be recorded at LKR 2.1 billion for the nine months ended September 30, 2015. Accordingly, Net Loss reduced to LKR 53 million compared to a Net Loss of LKR 924 million recorded in the corresponding period in 2014.

Recent Private Companies Transactions

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

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