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.