Bharti Airtel to merge with Dialog Axiata.

Bharti Airtel, a telecommunication company, agreed to merge with Dialog Axiata, a telecommunications service provider. Financial terms were not disclosed. "The merger between Dialog and Airtel Lanka is aligned to Axiata’s strategy of market consolidation and resilience. The merger will create value for the shareholders of Dialog Axiata PLC and Axiata Group through achievable synergies. We have the utmost respect for Airtel Lanka and its employees and look forward to working together as we integrate the two companies,” Vivek Sood, Axiata Group Berhad Group CEO and Managing Director.