
OVERALL EXCELLENCE
Telco of the Year (Small Markets)

Dhiraagu
About this award
This award aims to highlight the telco making remarkable strides in a country with a population of less than 2 million. It will be presented to a telco that has demonstrated exceptional financial performance, innovative practices, market share growth, and has contributed significantly to the telecom landscape in the small market.
Evaluation Metrics
Revenue Growth
EBITDA Grrowth
Net Profit Growth

Winner

Dhiraagu
Dhiraagu delivered strong and steady performance, reaching USD 183.6 million in revenue backed by healthy margins in 2025.
Through nationwide FTTH leadership, advanced Tier 4 data centre capabilities, and growing digital and fintech services with Dhiraagu Pay, the company is setting a powerful benchmark for small-market telecom operators.
Nominees


DST
Ooredoo Maldives