Dialog Axiata takes over Bharti Airtel’s Sri Lankan business

22 April 2024

Dialog Axiata has signed a definitive agreement to effectively take over Bharti Airtel’s Sri Lankan operations, reducing the number of mobile operators in the country to three.

Under the deal, Dialog will acquire 100% of issued shares in Airtel Lanka, then give Bharti Airtel ordinary voting shares via a share swap, which will allow Airtel to retain a 10.35% stake in the combined company.

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Mark Rigolle takes the helm at ABS

17 April 2024

ABS has appointed Mark Rigolle as its new Chief Executive Officer (CEO), effective 29 April 2024.

Mark brings a wealth of experience in the satellite communications sector, having held positions with GEO, MEO and LEO satellite operators in various capacities including executive, non-executive, advisor, and co-founder. He has been associated with satellite and space development projects in Asia, the Middle East and Europe. 

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Telkomsel launches eSIM service

16 April 2024

Telkomsel has launched an eSIM service for local customers, making it the last of the country’s major operators to do so, as the industry awaits upcoming eSIM regulations from telecoms regulator Kominfo.

Smartfren was the first telco in the market to launch eSIMs in 2019. Indosat Ooredoo Hutchison and XL Axiata launched eSIM services late last year.

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Banglalink to finance 4G smartphone purchases with partners

11 April 2024

Banglalink has partnered with mobile financial service provider bKash and City Bank to finance 4G smartphone purchases for customers to make the devices more affordable and in turn boost 4G adoption.

Under the agreement, customers who want to buy a 4G smartphone can use the bKash app to get a nano-loan based collateral-free Pay Later option to pay for the device. 

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