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Aug 13, 2009 (LBO) - Dialog Telekom, a unit of Malaysia's Axiata and the island's top celco said it lost 7.





6 billion rupees in the June 2009 quarter on a 6.0 billion rupee one-off write-down of older network equipment. Dialog Broadbband, a fixed and broadband unit had shown revenues of 556 million rupees.



Group revenues fell to 8.4 billion rupees in the June quarter from a re-stated 9.1 billion rupees a year earlier.

The company said the top line recovered from the first quarter.

Group revenues reported in the March quarter were 8.



4 billion rupees.

At company level, which represents the core mobile operations June revenues were 7.

9 billion rupees, down from 8.3 billion rupees a year earlier. In March company level revenues were 7.

7 billion rupees.

Chief Executive Hans Wijayasuriya said in a statement that the transition to a modernized network would reduce future operational costs.

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About 62 percent of the infrastructure was already NGN (next generation network), the company said.

Dialog said it had 5.99 million subscribers which was up 25 percent from a year earlier and up 2.0 percent from the first quarter.

In March it reported a subscriber base of 5.

85 million.

A voluntary retirement scheme for 33