Sri Lanka, May 14 -- The Group continued its growth momentum across all key business segments, namely, mobile, international, tele-infrastructure, digital pay television and fixed line to record a consolidated revenue of 29.0 billion rupees for Q1 2019, demonstrating a growth of 2 percent quarter-on-quarter ("QoQ") and 11 percent year-on-year ("YoY").

Underpinned by strong revenue growth and cost optimisation, Group Earnings Before Interest, Tax, Depreciation and Amortisation ("EBITDA") grew 5% QoQ and 17% YoY to record at Rs12.0Bn for Q1 2019. Dialog Group adopted SLFRS 16, 'Leases', with effect from 1 January 2019.

The adoption of the standard resulted in an EBITDA upliftment of Rs639Mn for Q1 2019 which is a 2.2pp increase in the EBITD...