The Director/Chief Executive of Dialog Axiata Plc, Dr Hans Wijayasuriya today refuted speculation in a media report today the telecom operator was considering acquiring Bharthi Airtel’s Sri Lanka-based operations.

DIalog CEO Dr Hans Wijayasuriya
Dialog Axiata Plc CEO Dr Hans Wijayasuriya

“Dialog has been a consistent proponent of market consolidation and in the normal course of business evaluates opportunities, both organic and inorganic, to accelerate its growth strategy, and consolidate the strength and viability of the industry at large,” the company said in a stock exchange filing.

“The company confirms that it has not entered into an agreement with any party with respect to a merger or acquisition as speculated in the referenced article,” Dialog further said, adding a disclosure would be made if the company reached ‘material certainty’ with respect to a merger or acquisition.