Dialog Axiata bags 4G spectrum for $26.25 mn

Dialog Axiata PLC announced that it had secured the 10 MHz tranche of Mobile 4G LTE Spectrum auctioned by the Telecommunications Regulatory Commission. Dialog’s success at securing spectrum for the launch of Mobile 4G LTE services to supplement its 3G HSPA+ High Speed Mobile Internet services, follows soon after the company’s fully owned subsidiary Dialog Broadband Networks launched Sri Lanka’s first 4G LTE Service extending High Speed Fixed Broadband services to Sri Lankan homes and enterprises.

Dialog’s winning bid was registered at Rs 3.277 billion for 10 MHz of 1800 MHz spectrum, which will in turn enable the company’s market leading Mobile Telephony and High Speed Mobile Broadband service to be elevated to 4th Generation Technology.

Speaking soon after the successful outcome at the auction, Group Chief Executive of Dialog Axiata PLC Dr. Hans Wijayasuriya said, “Dialog Axiata’s commitment to roll out a Mobile 4G LTE network on the 1800 MHz band follows on from our launch of Sri Lanka’s first Fixed 4G LTE service last year.

The progressive spectrum management policies of the regulator and the timely release of spectrum for 4G services, will enable Sri Lankan consumers to enjoy the region’s most advanced suite of Mobile, Fixed and Nomadic 4G LTE Services. It is indeed a privilege to lead Sri Lanka in to the 4G era, living up to the trust placed in the Brand by Sri Lankan consumers, who recently chose Dialog as the Internet Services Provider of the Year as well as Telecom Services Provider of the Year.”

Dialog provides mobile telephony services to a subscriber base in excess of 7.8 million, and currently operates GSM, 3G and HSPA+ network technologies.