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October 2005TMI through SunShare, acquired12.1% of the equity shares inM 1 f r o m G r e a t E a s t e r nTelecommunications Ltd. Prior toMarch 2006, SunShare made onmarketpurchases, bringingits total equity interestin M1 to 29.8%.2006February 2006TMI obtained a 24.4% stake inSIM from SIM’s parent company,SAMART. In addition, TMI has an18.9% stake in SAMART andSAMART in turn holds54.1% in SIM.September 2006Dialog acquired 90.0% of thetotal issued and paid-up sharecapital of Dialog TV (then knownas Asset Media (Private) Limited)from Nihal Seneviratne Epaand Lasantha JosephMilroy Peiris.October 2005Indocel increased its shareholdingin XL to 56.9% through theexercise of its call and putoption.February 2006TMI purchased the remaining 49.0%of Casacom (now known as HACL)from SAMART, and Casacombecame a wholly-ownedsubsidiary of TMI.September 2006TMI through TMIL entered into ashare sale agreement with NasserKhan Ghazi to acquire anadditional 11.0% equityinterest in Multinet.December 2005TMI through TMIL acquired a49.0% ownership interest in MTCEthrough a transfer from TRI, awholly-owned subsidiaryof Celcom.December 2005Dialog acquired 100% of DBN(then known as MTT Network(Private) Limited).March 2006TMI acquired the entire equityinterest of TMI India (then knownas DCIL), which had a 49.0%equity interest in Spice.June 2006Indocel increased its shareholdingin XL to 59.7% by a purchase ofadditional shares from AIF(Indonesia) Ltd.October 2006Casacom changed its name toTMIC (now known asHACL).December 2006Dialog, through Dialog TV, enteredinto a share sale and purchaseagreement for the acquisition of100% of the share capital ofCBNP and CBNSP from MuhunthanCanagasooryam and NiranjanCanagasooryam.Annual Report 2009 • 031