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Finance / Sri Lanka

Suntel Finally Finds A Buyer

December 2011 | Corporate Financing Analysis

After attracting interests from companies such as Sri Lanka Telecom, India's Tata Communications and Mahanagar Telephone Nigam Limited, as well as UAE-based Emirates Telecommunications Corporation in the last few years, Dialog Broadband Networks (DBN), a wholly owned subsidiary of Dialog Axiata, has succeeded in acquiring fixed-wireless operator Suntel.

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