Axiata unit expects 8% revenue rise from merger


PETALING JAYA: Axiata Group Bhd’s 2025 net profit will be diluted by 7% after the merger of its unit Dialog Axiata PLC with Bharti Airtel (Airtel Lanka), in Sri Lanka.

Dialog Axiata expects a 8% revenue rise from the acquisition and less than 5% earnings dilution in 2024 as there will be integration costs, estimated at US$35mil over two years for network and information technology (IT) integration, from the merger.

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