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Thursday, December 15, 2011

Dialog Axiata buying Suntel for USD34m

Sri Lankan mobile market leader Dialog Axiata has agreed to buy 100% of local fixed-wireless operator Suntel. Dialog said it will pay between USD33.9 million and USD34.9 million after completing due diligence which values the firm at around three times its 2010 EBITDA


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OVETEL Dialog Axiata buying Suntel for USD34m

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